Fidelity Bank Balance Sheet Health
Financial Health criteria checks 5/6
Fidelity Bank has total assets of NGN9,536.4B and total equity of NGN688.3B. Total deposits are NGN6,083.0B, and total loans are NGN4,254.8B.
Key information
13.9x
Asset to equity ratio
n/a
Net interest margin
| Total deposits | ₦6.08t |
| Loan to deposit ratio | Appropriate |
| Bad loans | 2.8% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | ₦1.20t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: FIDELITYBK's Assets to Equity ratio (13.9x) is moderate.
Allowance for Bad Loans: FIDELITYBK has a sufficient allowance for bad loans (149%).
Low Risk Liabilities: 69% of FIDELITYBK's liabilities are made up of primarily low risk sources of funding.
Loan Level: FIDELITYBK has an appropriate level of Loans to Assets ratio (45%).
Low Risk Deposits: FIDELITYBK's Loans to Deposits ratio (70%) is appropriate.
Level of Bad Loans: FIDELITYBK has a high level of bad loans (2.8%).