Fidelity Bank Plc grows profit by 157.82% in Half Year 2024, declares 85 kobo interim dividend to shareholders

Fidelity Bank Plc has declared an interim dividend to its shareholders for the period ended 30 June 2024.

The Financial Institution reported Gross Earnings of N512.864 billion for the 6 months period, up by 107.55% from N247.1 billion reported the previous year.

Profit after tax of N159.834 billion was achieved for the 6 months period, up by 157.82% from N61.995 billion reported the previous year.

Earnings per share of Fidelity Bank stands at N4.99.

At the share price of N13, the P/E ratio of Fidelity Bank stands at 2.6x with earnings yield of 38.41%.

The Qualification date for the declared dividend is October 17, 2024. Closure of Register is on October 18, 2024. Payment date is on October 25, 2024.

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