That momentum paused in H1 2025. Despite posting a solid N132 billion net income, the bank did not declare an interim dividend. BusinessDay looks at why this happened.

A review of Fidelity Bank’s balance sheet provides clarity. The bank’s retained earnings fell into negative t

Fidelity Bank joined the list of banks paying interim dividends in 2022. It began with a modest N2.9 billion payout after H1 2022. By H1 2024, that figure had surged to N42.7 billion. The jump reflected the bank’s strong earnings and rapid expansion in recent years.

That momentum paused in H1 2025. Despite posting a solid N132 billion net income, the bank did not declare an interim dividend. BusinessDay looks at why this happened.

A review of Fidelity Bank’s balance sheet provides clarity. The bank’s retained earnings fell into negative t