Fidelity Bank: Investors Pocket 80% Return on Investment
Better than many of its peers, Fidelity Bank Plc returned about 80% on investment to shareholders who hold the shares since 2023, Apel Asset Limited said in a stock recommendation note.
Analysts said every N1 million investment has produced N800,000 in return, ranking the bank as one of the best performers in the segment. Again, Fidelity Bank has been recommended as one of the banking stock investors should buy this week.
In its latest update, Atlass Portfolios Limited envisages 28.88% upside potential as analysts sets fair value of Fidelity Bank Plc at N23.15 at reference price of N19.50.
On the Nigerian Exchange, Fidelity Bank Plc which closed at N19.50 on Monday has falling to N19.20 at the last look. The bank share price has been less volatile, trading at a fair discount to its 52-week high in the local bourse.
In 2025, Fidelity Bank Plc has gained 11.43% as market analysts forecasted N3.97 earnings per share ahead of audited report. # Fidelity Bank: Investors Pocket 80% Return on Investment Yield on Nigerian Treasury Bills Falls ahead of Rebase Data
