Business
Fidelity Bank reports 12.3% increase in gross earnings
Fidelity Bank Plc reported a 12.3% increase in its gross earnings for the half-year period ended June 30, 2019.
This was disclosed in the company’s H1 2019 financial statements published earlier today on the Nigerian Stock Exchange’s website.
The bank’s gross earnings for the period stood at N103.6 billion, compared to N92.2 billion recorded in 2018, representing a 12.3% increase.
Profit before tax went up by 15.6% to N15 billion during the period under review, compared to N13 billion in June 2018, while profit after tax stood at N13.6 billion as against N11.8 billion which was recorded during the same period in June 2018; representing a 15.5% increase.
Earnings per share (EPS) stood at N41 in 2018 compared to N47 in 2019.
-
Education1 week agoUniversity of Ibadan releases 2026/2027 post-UTME screening results
-
Football1 week agoUnpaid £185m Club World Cup fund sparks fresh FIFA controversy
-
Football2 days agoFrance confirms U-20 Women’s World Cup participation amid FIFA-UEFA rift
-
Business2 days agoNigeria’s external debt service falls 31.5% to $954m in Q1 2026
-
Business7 days agoBreaking: NNPCL reduces pump price of petrol as competition intensifies
-
Featured2 days agoOsun Governorship Election: Adeleke faces tough test as APC, ADC mount challenge
-
Latest2 days agoNFF denies calling for Infantino’s resignation
-
Business2 days agoNaira at ₦1,360/$: Can the currency’s new stability last?