Fidelity Bank declares 10 kobo interim dividend to shareholders, grows PAT by 20.72% in Q2 2022

Fidelity Bank Plc declared an interim dividend of 10 kobo to its shareholders for the Half Year ended, 30 June 2022.

The Financial Institution reported the Gross Earnings of N154.843 billion for the 6 months period, up by 37.88% from N112.304 billion reported the previous year.

Profit after tax (PAT) grew by 20.72% to N23.307 billion from N19.306 billion PAT reported in Half Year 2021.

Earnings per share (EPS) of the Bank grew year on year by 20.72% to 80 kobo from the EPS of 67 kobo reported the previous year.

At the share price of N3.04, the P/E Ratio of Fidelity Bank stands at 3.78x with earnings yield of 26.46%.

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