Fidelity Bank Nigeria is a well-established financial institution with a solid track record of stability and growth.
The bank's share price has been steadily increasing over the years, making it an attractive investment opportunity for both local and international investors.
Fidelity Bank Nigeria's shares are listed on the Nigerian Stock Exchange (NSE), giving investors a chance to buy and sell shares easily.
Investors can purchase Fidelity Bank Nigeria shares through a stockbroker or online trading platforms, making it convenient to invest in the bank's growth.
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Financials
Fidelity Bank Nigeria's financials are a testament to its growing success. The company's net sales have been steadily increasing, reaching 53.11 billion in 2024 and 59.68 billion in 2025.
The bank's net income has also seen significant growth, with 14.38 billion in 2024 and 16.12 billion in 2025. This is a clear indication of the company's ability to generate profits and expand its operations.
Fidelity Bank's net debt is not a concern, as it is not listed in the financials. This suggests that the company is financially stable and has a solid foundation for future growth.
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Here's a comparison of Fidelity Bank's net sales and net income for 2024 and 2025:
The bank's financials are a reflection of its commitment to delivering value to its shareholders. With a price-to-earnings ratio of 2.3x, Fidelity Bank is considered a good value compared to the African Banks industry average.
Share Price and Value
Fidelity Bank Nigeria's share price is currently trading at NGN17, which is above our estimate of fair value at NGN1.76.
The Fair Price of FIDELITYBK is estimated using a Discounted Cash Flow model, and it's clear that the current share price is not reflective of its true value.
FIDELITYBK's PE Ratio is 2.3x, which is higher than its Fair PE Ratio of 1.1x. This suggests that the bank is expensive compared to its estimated fair value.
To put this into perspective, FIDELITYBK's PE Ratio is lower than the industry average of 5.2x for African Banks. This indicates that the bank is a good value compared to its peers.
Here's a comparison of FIDELITYBK's PE Ratio with other companies in the African Banks industry:
Note that the exact values for the other companies are not provided in the article section facts, but FIDELITYBK's PE Ratio is lower than the industry average.
Analyst Insights
The analyst forecast for Fidelity Bank Nigeria's share price is a mixed bag. Analysts are predicting a target price that is lower than the current share price.
According to the analyst forecast, the target price for Fidelity Bank Nigeria's share price is ₦12.66-25.5% in 12 months time, which is lower than the current share price of ₦17.00.
The analyst dispersion is 5.2%, indicating a relatively small range of predictions among the analysts. However, the high and low price targets are ₦13.32 and ₦12.00 respectively, showing a relatively narrow range of possible outcomes.
Interestingly, the analyst forecast for Fidelity Bank Nigeria's share price is not the only factor to consider. The bank is covered by 9 analysts, with 1 analyst submitting estimates of revenue or earnings used as inputs to our report.
Here are some of the analysts covering Fidelity Bank Nigeria:
These analysts are providing valuable insights into the bank's performance, but it's essential to note that their predictions may not always be accurate.
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Market News and Trends
Fidelity Bank Nigeria's share price has experienced a remarkable 20% surge on the Nigerian stock market, with its share price surpassing the N13 mark by the third week of September.
The bank's combined offer, which included a Public Offer and Rights Issue launched on June 20, 2024, consisted of 10 billion ordinary shares priced at N9.75 for the public and 3.2 billion shares at N9.25 for existing shareholders, collectively raising N127.1 billion.
Fidelity Bank's share price has maintained a robust bullish trajectory since August 2018, when its stock dipped below N2, and has surged by more than 680% since then.
The bank's total market capitalisation is 78.8 Billion NGN, with a Price/Earning ratio of 2.32 and earnings per share of 1.17 NGN, as of the time of writing.
Fidelity Bank's net income before taxes was 10,494 million NGN in the second quarter of 2021, while net income after taxes was 9,715 million NGN.
Here's a brief summary of Fidelity Bank's recent financial performance:
- Total market capitalisation: 78.8 Billion NGN
- Price/Earning ratio: 2.32
- Earnings per share: 1.17 NGN
- Net income before taxes (Q2 2021): 10,494 million NGN
- Net income after taxes (Q2 2021): 9,715 million NGN
How to Invest
To invest in the stock market, you need to have a solid understanding of the different types of investments available, such as stocks, bonds, and mutual funds.
Fidelity Bank Nigeria offers a range of investment options, including stocks, which can be a good starting point for beginners.
Investing in the stock market can be a great way to grow your wealth over time, but it requires patience and discipline.
In Nigeria, the stock market is regulated by the Securities and Exchange Commission (SEC), which ensures that companies like Fidelity Bank Nigeria are transparent and accountable in their financial dealings.
To get started with investing, you'll need to open a brokerage account, which can be done online or in-person at a bank or financial institution.
Fidelity Bank Nigeria's share price is listed on the Nigerian Stock Exchange (NSE), which provides a platform for investors to buy and sell shares.
Before investing, it's essential to set clear financial goals and risk tolerance, as this will help you make informed investment decisions.
Investing in the stock market involves some level of risk, but with the right strategy and mindset, you can minimize losses and maximize gains.
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Sources
- https://uk.marketscreener.com/quote/stock/FIDELITY-BANK-PLC-11002008/
- https://simplywall.st/stocks/ng/banks/ngse-fidelitybk/fidelity-bank-shares/valuation
- https://dateline.ng/fidelity-bank-share-price-rises-by-297-in-13-years/
- https://www.asktraders.com/learn-to-trade/ngx/fidelity-bank-plc/
- https://www.brandimpact.com.ng/2024/09/22/fidelity-bank-stock-record-over-20-growth-following-combined-offer/
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