Nigeria · Delayed Price · Currency is NGN Fidelity Bank Earnings Call Transcripts
Fiscal Year 2025
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Net interest margin rose to 13% and non-interest revenue surged 134% year-over-year, while legal provisions and capital conservation impacted interim dividends. Capital raise is on track, with retained earnings turning positive in Q3 2025.
Fiscal Year 2024
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Strong 2024 results featured higher margins, asset growth, and improved asset quality, with robust risk management and successful UK subsidiary integration. Capital raise was oversubscribed, and guidance anticipates stable asset quality and continued dividend payouts amid global headwinds.
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Strong H1 2024 results driven by deposit growth, improved NIM, and robust non-interest income, despite macroeconomic headwinds. Capital raise was highly successful, supporting expansion and technology investment, while asset quality and dividend policy remain stable.