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:
Sterling Bank Public Limited Company
sales of 149.38 billion Naira [US$486.96 million]
of which 46%
was Corporate Banking),
Union Bank of Nigeria PLC
(144.88 billion Naira [US$472.32 million]
of which 46%
was Treasury and Investment), and
Stanbic IBTC Bank Plc
(220.92 billion Naira [US$720.18 million]
of which 37%
was Corporate & Investment Banking).
Fidelity Bank Plc reported sales of 188.86 billion Naira (US$615.68 million)
December of 2018.
increase of 4.8%
versus 2017, when the company's sales were 180.16 billion Naira.
Sales at Fidelity Bank Plc have increased during each of the previous five years
(and since 2013, sales have increased a total of 49%).
Sales of Retail Banking saw an increase
that was more than double the company's growth rate: sales were up
15.0% in 2018, from
75.32 billion Naira to 86.59 billion Naira.
Not all segments of Fidelity Bank Plc experienced an increase in sales in 2018:
sales of Corporate Banking fell 2.6% to 64.38 billion Naira.
Fidelity Bank Plc also experienced decreases in sales in
Investment Banking (down 1.5% to 37.90 billion Naira)