April 25, 2019
By InvestAdvocate
Lagos (INVESTADVOCATE)-Lender Fidelity Bank Plc said on Thursday its pretax profit for the first quarter (Q1) ended March 31, 2019 increased 34 percent to N6.67 billion from N4.98 billion posted a year ago.
Post-tax profit of the bank rose 28.4 percent to N5.93 billion from N4.62 billion reported the same period of 2018.
Gross earnings of Fidelity Bank surged from N43.32 billion in the Q1 period of 2018 to N48.44 billion declared the review period of 2019; indicating a rise of 11.8 percent, the lender said in a filing with the Nigerian Stock Exchange (NSE).
