Fidelity Bank Balance Sheet

Financials in millions NGN. Fiscal year is January - December.

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	1,303,560	707,450	364,177	300,345	219,253	328,493
Investment Securities	2,157,631	1,678,570	962,055	394,657	469,215	381,595
Trading Asset Securities	94,376	55,406	18,407	6,814	54,781	54,190
Total Investments	2,252,007	1,733,976	980,462	401,471	523,996	435,785
Gross Loans	5,054,212	4,584,120	3,236,442	2,196,830	1,742,725	1,397,092
Allowance for Loan Losses	-208,512	-195,605	-143,970	-80,548	-74,131	-67,518
Other Adjustments to Gross Loans	-	-1,407	-53	-70	-10,182	-3,468
Net Loans	4,845,700	4,387,108	3,092,419	2,116,212	1,658,412	1,326,106
Property, Plant & Equipment	157,417	81,626	50,652	44,456	40,919	40,098
Goodwill	11,236	11,443	8,656	-	-	-
Other Intangible Assets	47,719	20,380	10,341	4,023	3,968	3,283
Other Receivables	228,478	126,162	-	98,993	38,259	36,483
Restricted Cash	1,648,289	1,586,350	1,174,398	863,090	686,097	540,129
Other Current Assets	31,130	18,451	-	5,259	611	2,688
Long-Term Deferred Tax Assets	17,260	5,305	23,771	5,306	-	-
Other Long-Term Assets	7,714	143,486	529,812	149,854	108,939	45,083
Total Assets	10,550,510	8,821,737	6,234,688	3,989,009	3,280,454	2,758,148
Accounts Payable	736,317	461,774	391,476	202,980	21,145	132,614
Accrued Expenses	590	7,677	12,055	3,164	1,014	2,548
Interest Bearing Deposits	4,960,336	4,181,130	2,362,544	1,718,172	1,388,035	1,102,478
Non-Interest Bearing Deposits	1,975,113	1,755,934	1,652,267	862,425	636,768	596,548
Total Deposits	6,935,449	5,937,064	4,014,811	2,580,597	2,024,803	1,699,026
Short-Term Borrowings	30,482	-	48,810	1,208	425	27,595
Current Portion of Long-Term Debt	-	200,663	308,427	55,427	22,863	24,957
Current Income Taxes Payable	83,631	113,910	26,835	8,446	3,523	2,307
Other Current Liabilities	11,498	7,813	53,231	62,490	54,838	44,075
Long-Term Debt	1,133,836	728,932	219,791	206,039	445,550	209,562
Long-Term Leases	2,371	3,077	2,411	525	-	-
Long-Term Deferred Tax Liabilities	-	727	22,905	5,629	-	-
Other Long-Term Liabilities	563,091	462,226	696,629	548,144	420,999	341,931
Total Liabilities	9,497,265	7,923,863	5,797,381	3,674,649	2,995,160	2,484,615
Common Stock	25,100	25,100	16,000	14,481	14,481	14,481
Additional Paid-In Capital	280,455	280,455	113,705	101,272	101,272	101,272
Retained Earnings	627,925	478,949	247,243	168,588	134,897	118,165
Comprehensive Income & Other	119,765	113,370	60,359	30,019	34,644	39,615
Shareholders' Equity	1,053,245	897,874	437,307	314,360	285,294	273,533
Total Liabilities & Equity	10,550,510	8,821,737	6,234,688	3,989,009	3,280,454	2,758,148
Total Debt	1,166,689	932,672	579,439	263,199	468,838	262,114
Net Cash (Debt)	231,247	-169,816	-196,855	43,960	-194,804	120,569
Net Cash Growth	6.36%	-	-	-	-	123.83%
Net Cash Per Share	4.17	-4.06	-6.16	1.52	-6.73	4.16
Filing Date Shares Outstanding	50,200	50,200	32,000	28,963	28,963	28,963
Total Common Shares Outstanding	50,200	50,200	32,000	28,963	28,963	28,963
Book Value Per Share	20.98	17.89	13.67	10.85	9.85	9.44
Tangible Book Value	994,290	866,051	418,310	310,337	281,326	270,250
Tangible Book Value Per Share	19.81	17.25	13.07	10.72	9.71	9.33

Source: S&P Global Market Intelligence. Banks template. Financial Sources.