Fidelity Bank Plc on Tuesday released its third quarter financial report for the period ended, September 30, 2019. The Bank declared a gross earnings of N161 billion, up by 15.87% from N139 billion recorded in the third quarter of 2018.
Profit after tax grew by 20.19%, closing at N21.46 billion from the previous close of N20.06 billion in 2018.
Earnings per share grew to N0.74 from the previous earnings per share of N0.62 in the third quarter of 2018.
With reference to the share price of N1.7, the P. E ratio of Fidelity Bank stands at 2.30x with earnings yield of 43.53%.