Fidelity Bank Plc reported a 45.6% surge in FY2025 gross earnings to NGN 1.52 trillion, driven by robust interest income and a successful capital boost. Despite initial investor concerns over the lack of a dividend, the stock rallied to close at NGN 23.00 on May 19, 2026.
- Regulatory Compliance: The bank bolstered its eligible capital to NGN 561 billion, successfully surpassing the NGN 500 billion minimum requirement for international banks.
- Financial Health: Capital adequacy improved by 30.94%, reassuring the market of the bank's strong core performance.
- Stock Performance: Shares initially jumped 6.43% to NGN 22.35 on May 13, 2026, before consolidating to close at NGN 23.00 on May 19, 2026.