2020 FY Results: Fidelity Bank post N28 billion profit as earnings per share prints at 97kobo

Fidelity Bank Plc released its full year 2020 interim results showing Net Interest Income of N104 billion up from 25.3% from the N83 billion reported a year earlier.

  • Net interest income after adjusting for loan impairments fell to N88.3 billion from N88.34 billion representing a 0.04% drop year on year.
  • The bank reported a profit after tax of N28 billion in 2020 compared to N28.4 billion a year earlier. –1.4% YoY
  • Earnings per share for the period under review is 97 kobo from 98 kobo. +1%YoY
  • No dividend announcement was made in their press release.
  • The company share price of N2.7 as of when the result was released. It is up 8% year to date.

See link to results

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