Fidelity Bank Plc has grown its Gross Earnings by 11.81% in its latest financial statements for the period ended March 31st 2019, closing at N48.448bn above N43.328bn it closed in Q1 2018.
The financial institution’s Profit After Tax (PAT) grew from 2018’s N4.627bn to N5.939bn recorded in the current period under review, implying a growth of 28.36% YnY.
The bank’s 2019 Q1 unaudited financial reports that was made public, on Thursday 25 of April, 2019 revealed the shareholders’ earnings per share appreciating by 28% from previous year’s N0.16 to current year’s N0.20.
The current period’s PE Ratio is at 9.42x; while the earnings yield stands at 10.64% with a reference price of N1.93 as at the date of computation.