Fidelity Bank Plc released its half year financial report today, August 30, 2019. The Financial Institution grew its Gross Earnings by 12.31, closing the half year period with 103.66 billion against the previous close of N92.3 billion in Half Year 2018.
Profit before tax closed at 15.05 billion, up by 15.69%, when compared to its previous close of N13.01 billion in half year 2018.
Profit after tax was up by 15.55% to close at N13.685 billion away from the previous close of N11.843 billion in half year 2018.
Earnings per share for the period under review grew to 47 kobo from the previous earnings per share of 41 kobo in half year 2018.
With reference to the share price of N1.66, P.E ratio of Fidelity Bank Plc stands at 3.53x with earnings yield of 28.31%.