February 1, 2021
By InvestAdvocate
Lagos (INVESTADVOCATE)-Lender Fidelity Bank Plc said on Monday its post-tax profit for the unaudited year end period December 31, 2020 decreased 1.02 percent to N28.0 billion from N28.4 billion posted a year ago.
Pretax profit of the Bank also declined -0.48 percent to N30.2 billion from N30.3 billion reported the same period of 2019.
Gross earnings of Fidelity Bank depreciated from N215.5 billion in the 2019 financial year end period to N205.2 billion declared the review period of 2020; indicating a decline of -4.79 percent, the lender said in a filing with the Nigerian Stock Exchange (NSE).
Shares of Fidelity Bank at the close of the trading session on the Nigerian bourse declined -0.37 percent to N2.71 from N2.72 traded the previous session, losing 0.01 kobo per share
