May 1, 2018
By InvestAdvocate
Lagos (INVESTADVOCATE)-Lender Fidelity Bank Plc said on Tuesday its pretax profit for the first quarter (Q1) ended March8 31, 2017 increased 2.7 percent to N4.98 billion from N4.84 billion posted a year ago.
Post-tax profit of the Bank rose 7.2 percent to N4.62 billion from N4.31 billion reported the same period of 2017.
Gross earnings of Fidelity Bank surged from N40.84 billion in the Q1 period of 2017 to N43.68 billion declared the review period of 2018; indicating a rise of 6.9 percent, the lender said in a filing with the Nigerian Stock Exchange (NSE).
