ALERT: Fidelity Bank Pre Tax Profit Drop 29% in 9 Months

Fidelity Bank Plc released its 2016 result for the nine months ended 30 September 2016 ; See below

Net interest income after impairment charge for credit losses N’m

2016 9 Months| N42,560

2015 9 Months | N40,747

%age Change|     4%

Pre-tax profits N’m

2016 9 Months|  N9,835

2015 9 Months| N13,789

%age Change|    -29%

EPS (N)

2016 9 Months| 30k

2015 9 Months| 39k

%age Change|    -23k
This result was officially released on the 28th of October 2016.

[gview file=”https://cdn.nairametrics.com/wp-content/uploads/2016/10/FIDELITY_BANK_-_Q3_SEPT_2016_FINANCIAL_STATEMENTS_OCTOBER_2016.pdf”]