Fidelity Bank’s pre-tax profit hits a record N385 billion in 2024, up 210% 

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Fidelity Bank Plc has announced a pre-tax profit of N385.215 billion for the 2024 financial year that ended December 31, marking an impressive 210.01% year-on-year (YoY) growth.


Despite a windfall tax of N13.333 billion, post-tax profit surged by 179.63% to N278.106 billion.


According to the audited financial statement, gross earnings grew by 87.72% to N1.043 trillion, with core operational income contributing about 97% of total revenue.

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