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Fidelity Bank NGSE:FIDELITYBK Stock Report

Last Price

₦8.30

Market Cap

₦292.2b

7D

-3.5%

1Y

43.4%

Updated

27 May, 2024

Data

Company Financials

Fidelity Bank Plc

NGSE:FIDELITYBK Stock Report

Market Cap: ₦292.2b

FIDELITYBK Stock Overview

Provides various banking products and services to corporate and individual customers in Nigeria.

FIDELITYBK fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends4/6

Fidelity Bank Plc Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Fidelity Bank
Historical stock prices
Current Share Price₦8.30
52 Week High₦14.40
52 Week Low₦5.61
Beta0.26
1 Month Change-11.70%
3 Month Change-17.41%
1 Year Change43.35%
3 Year Change267.26%
5 Year Change388.24%
Change since IPO156.97%

Recent News & Updates

Recent updates

Shareholder Returns

FIDELITYBKNG BanksNG Market
7D-3.5%-7.5%-1.1%
1Y43.4%46.4%112.7%

Return vs Industry: FIDELITYBK underperformed the NG Banks industry which returned 46.4% over the past year.

Return vs Market: FIDELITYBK underperformed the NG Market which returned 112.7% over the past year.

Price Volatility

Is FIDELITYBK's price volatile compared to industry and market?
FIDELITYBK volatility
FIDELITYBK Average Weekly Movement9.2%
Banks Industry Average Movement9.1%
Market Average Movement7.6%
10% most volatile stocks in NG Market10.9%
10% least volatile stocks in NG Market3.3%

Stable Share Price: FIDELITYBK's share price has been volatile over the past 3 months.

Volatility Over Time: FIDELITYBK's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of NG stocks.

About the Company

FoundedEmployeesCEOWebsite
19873,063Kennedy Onyeali-Ikpewww.fidelitybank.ng

Fidelity Bank Plc provides various banking products and services to corporate and individual customers in Nigeria. It operates through Retail Banking, Corporate Banking, and Investment Banking segments. The company offers current, savings, sweeta, fixed deposit, domiciliary, term deposit, flex, bridge, vintage, and small business accounts; asset leasing, personal loans and mortgages, fast loans, and salary advance schemes; bills settlement, and cash and asset management services; treasury bills, fixed income securities, and foreign exchange and derivatives, and safe deposit keeping services; and advisory, insurance, investment management, estate planning, wire transfer, and tax planning services.

Fidelity Bank Plc Fundamentals Summary

How do Fidelity Bank's earnings and revenue compare to its market cap?
FIDELITYBK fundamental statistics
Market cap₦292.16b
Earnings (TTM)₦115.29b
Revenue (TTM)₦370.07b

2.5x

P/E Ratio

0.6x

P/B Ratio

Is FIDELITYBK overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FIDELITYBK income statement (TTM)
Revenue₦370.07b
Cost of Revenue₦9.13b
Gross Profit₦360.93b
Other Expenses₦245.65b
Earnings₦115.29b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)3.28
Gross Margin97.53%
Net Profit Margin31.15%
Debt/Equity Ratio158.7%

How did FIDELITYBK perform over the long term?

See historical performance and comparison

Dividends

10.2%

Current Dividend Yield

24%

Payout Ratio
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