Fidelity Bank Plc has recorded strong financial performance in the third quarter ended September 30, 2025, with significant growth across its key income streams.

According to the bank’s unaudited financial statements published on the Nigerian Exchange Group (NGX) portal on November 21, Gross Earnings for Q3 2025 stood at ₦366.1 billion, up 8 percent from ₦338.9 billion in the same period last year. This growth was driven primarily by a surge in interest income and sustained momentum in fee-based revenues.

Interest Income, calculated using the effective interest rate method, rose 33 percent to ₦285.6 billion, compared with ₦214.7 billion in Q3 2024. Other Interest Income more than doubled to ₦34.2 billion, highlighting stronger returns from non-core lending activities.

Year-to-date, Fidelity Bank’s Gross Earnings surpassed ₦1.1 trillion, marking a record high and a notable increase from ₦772.5 billion in the same period last year. Total assets also exceeded ₦10 trillion, up from ₦8.8 trillion, driven by growth in cash, customer loans, and investment securities.

Net Interest Income for the nine-month period reached ₦565.3 billion, while fee and commission income grew to ₦84.5 billion, compared to ₦470.5 billion and ₦56.3 billion, respectively, in Q3 2024. Credit Loss Expenses declined sharply to ₦900 million from ₦32.8 billion, reflecting improved asset quality and risk management practices.

Fee and commission income surged 47.2 percent to ₦31.1 billion, driven by higher transaction volumes and digital banking adoption. Foreign currency revaluation gains added ₦14.1 billion to Non-Interest Revenue, while other operating income rose to ₦1.1 billion from ₦447 million in the previous year.

The results underscore Fidelity Bank’s continued growth trajectory and strong operational performance across both interest and non-interest income streams.