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Fidelity Bank NGSE:FIDELITYBK Stock Report

Last Price

₦17.60

Market Cap

₦560.0b

7D

0.6%

1Y

35.4%

Updated

17 Jan, 2025

Data

Company Financials +

Fidelity Bank Plc

NGSE:FIDELITYBK Stock Report

Market Cap: ₦560.0b

FIDELITYBK Stock Overview

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

FIDELITYBK fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance5/6
Financial Health5/6
Dividends5/6

My Notes

Capture your thoughts, links and company narrative

Fidelity Bank Plc Competitors

Price History & Performance

Summary of share price highs, lows and changes for Fidelity Bank
Historical stock prices
Current Share Price₦17.60
52 Week High₦18.00
52 Week Low₦7.85
Beta0.33
1 Month Change12.10%
3 Month Change25.71%
1 Year Change35.38%
3 Year Change561.65%
5 Year Change692.79%
Change since IPO444.89%

Recent News & Updates

Recent updates

Shareholder Returns

FIDELITYBKNG BanksNG Market
7D0.6%-0.9%-4.4%
1Y35.4%6.8%12.9%

Return vs Industry: FIDELITYBK exceeded the NG Banks industry which returned 6.8% over the past year.

Return vs Market: FIDELITYBK exceeded the NG Market which returned 12.9% over the past year.

Price Volatility

Is FIDELITYBK's price volatile compared to industry and market?
FIDELITYBK volatility
FIDELITYBK Average Weekly Movement4.5%
Banks Industry Average Movement4.9%
Market Average Movement6.4%
10% most volatile stocks in NG Market10.8%
10% least volatile stocks in NG Market3.7%

Stable Share Price: FIDELITYBK has not had significant price volatility in the past 3 months compared to the NG market.

Volatility Over Time: FIDELITYBK's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19873,118Kennedy 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₦560.00b
Earnings (TTM)₦232.30b
Revenue (TTM)₦601.74b

2.4x

P/E Ratio

0.8x

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₦601.74b
Cost of Revenue₦13.07b
Gross Profit₦588.67b
Other Expenses₦356.37b
Earnings₦232.30b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)7.26
Gross Margin97.83%
Net Profit Margin38.61%
Debt/Equity Ratio142.7%

How did FIDELITYBK perform over the long term?

See historical performance and comparison

Dividends

8.2%

Current Dividend Yield

20%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/17 15:42
End of Day Share Price 2025/01/17 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Fidelity Bank Plc is covered by 9 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullARM Research
Jaap MeijerArqaam Capital Research Offshore S.A.L.
Abiodun AdedejiBGL Research