Fidelity Bank Plc operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Fidelity Bank Plc with three other
companies in this sector in Nigeria:
Union Bank of Nigeria PLC
sales of 108.28 billion Naira [US$355.14 million]
of which 35%
was Commercial Banking),
Skye Bank Public Limited Company
(159.31 billion Naira [US$522.54 million]
of which 58%
was Treasury, Corporate and investment banki), and
Sterling Bank Public Limited Company
(108.88 billion Naira [US$357.13 million]
of which 35%
was Corporate Banking).
Fidelity Bank Plc reported sales of 146.66 billion Naira (US$481.03 million)
December of 2015.
increase of 10.9%
versus 2014, when the company's sales were 132.26 billion Naira.
Sales at Fidelity Bank Plc have increased during each of the previous five years
(and since 2010, sales have increased a total of 162%).
Sales of Investment Banking saw an increase
that was more than double the company's growth rate: sales were up
58.2% in 2015, from
31.55 billion Naira to 49.91 billion Naira.
Not all segments of Fidelity Bank Plc experienced an increase in sales in 2015:
sales of Retail Banking fell 11.1% to 37.84 billion Naira.
Fidelity Bank Plc also experienced decreases in sales in
Public Sector Banking (down 2.5% to 790.00 million Naira)