Fidelity Bank Plc has declared a final dividend of 40 kobo to its shareholders for the year ended 31 December 2022.
The Audited report of the Financial Institution shows significant growth in the company’s top line and bottom line figures, year on year.
Fidelity Bank reported Gross Earnings of N337.05 billion for the 12 months period. This represents a growth of 34.4% from N250.776 billion reported the previous year.
Profit after tax for the 12 months period was N46.724 billion, up by 102.23% from N23.104 billion reported the previous year.
Earnings per share of the financial institution stands at N1.61, up by 32.56% from the EPS of N0.80 achieved the previous year.
At the share price of N5.20, the P/E ratio of Fidelity Bank stands at 3.22x with earnings yield of 31.01%.