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Fidelity Bank NGSE:FIDELITYBK Stock Report

Last Price

₦16.10

Market Cap

₦504.0b

7D

7.3%

1Y

80.9%

Updated

21 Nov, 2024

Data

Company Financials +

Fidelity Bank Plc

NGSE:FIDELITYBK Stock Report

Market Cap: ₦504.0b

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

Rewards

Price-To-Earnings ratio (2.2x) is below the NG market (7.7x)

Earnings grew by 124.4% over the past year

Risk Analysis

Earnings are forecast to decline by an average of 8% per year for the next 3 years

Volatile share price over the past 3 months compared to the NG market

Unstable dividend track record


Fidelity Bank Plc Competitors

Access Holdings

NGSE:ACCESSCORP

₦819.6b

United Bank for Africa

NGSE:UBA

₦1.1t

Guaranty Trust Holding

NGSE:GTCO

₦1.1t

FBN Holdings

NGSE:FBNH

₦972.8b

Price History & Performance

Summary of all time highs, changes and price drops for Fidelity Bank
Historical stock prices
Current Share Price₦16.10
52 Week High₦17.95
52 Week Low₦7.85
Beta0.31
11 Month Change17.52%
3 Month Change49.77%
1 Year Change80.90%
33 Year Change528.91%
5 Year Change705.00%
Change since IPO398.45%

Recent News & Updates

Recent updates

Shareholder Returns

FIDELITYBKNG BanksNG Market
7D7.3%1.7%0.9%
1Y80.9%46.5%54.4%

Return vs Industry: FIDELITYBK exceeded the NG Banks industry which returned 46.5% over the past year.

Return vs Market: FIDELITYBK exceeded the NG Market which returned 54.4% over the past year.

Price Volatility

Is FIDELITYBK's price volatile compared to industry and market?
FIDELITYBK volatility
FIDELITYBK Average Weekly Movement8.0%
Banks Industry Average Movement6.6%
Market Average Movement6.3%
10% most volatile stocks in NG Market9.2%
10% least volatile stocks in NG Market3.2%

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

Volatility Over Time: FIDELITYBK's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of NG stocks.

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₦504.00b
Earnings (TTM)₦232.30b
Revenue (TTM)₦601.74b

2.2x

P/E Ratio

0.7x

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

9.0%

Current Dividend Yield

20%

Payout Ratio