FIDELITYBK - Fidelity Bank Plc

Nov 21, 2024 at 14:32 Twitter · Facebook

FIDELITYBK share price on Nigerian Stock Exchange

Fidelity Bank Plc, incorporated in 1987 as a private limited company with a Merchant Banking License, is a Nigerian commercial bank licensed by the Central Bank of Nigeria (CBN) with international authorization. As part of its growth strategy, the bank converted to a commercial bank in 1999, became public limited company in August 1999 and secured a Universal Banking License in February 2001. Fidelity Bank became one of the top 10 banks in Nigeria subsequent to its acquisition of FSB International Bank and Manny Bank in 2005. The bank's branch network comprises 250 business offices, 833 ATMs, and 10,951 point of sale terminals.

Fidelity Bank Plc is listed on the Nigerian Stock Exchange (NGX) since May 17th, 2005. Fidelity is traded on the NGX under the ticker symbol “FIDELITYBK”. The International Securities Identification Number (ISIN) of NGX:FIDELITYBK is NGFIDELITYB5. Fidelity Bank Plc is currently the 21st most valuable stock on the NGX with a market capitalization of NGN 515 billion, which is about 0.868% of the Nigerian Stock Exchange equity market.

FIDELITYBK Stock Market Performance

The current share price of Fidelity Bank Plc (FIDELITYBK) is NGN 16.10. FIDELITYBK closed its last trading day (Thursday, November 21, 2024) at 16.10 NGN per share on the Nigerian Stock Exchange (NGX), recording a 2.2% gain over its previous closing price of 15.75 NGN. Fidelity began the year with a share price of 10.85 NGN and has since gained 48.4% on that price valuation, ranking it 43rd on the NGX in terms of year-to-date performance. Shareholders can be optimistic about FIDELITYBK knowing the stock has accrued 10% over the past four-week period—30th best on NGX.

Fidelity Bank is the fourth most traded stock on the Nigerian Stock Exchange over the past three months (Aug 23 - Nov 21, 2024). FIDELITYBK has traded a total volume of 1.54 billion shares—in 16,698 deals—valued at NGN 22.3 billion over the period, with an average of 24.4 million traded shares per session. A volume high of 541 million was achieved on November 1st, and a low of 780,473 on August 30th, for the same period. The table below details the last 10 trading days of activity of Fidelity Bank on the Nigerian Stock Exchange.

Profile of Fidelity Bank Plc

Fidelity Bank Plc operates in the Financials sector, specifically, the Banking industry. The company is led by Mrs. Nneka Onyeali-Ikpe (60) as its Managing Director/CEO, since 2021. The company's board of directors, chaired by Mustafa Chike-Obi, is composed of 14 members whose names are listed below.

1. Chike-Obi, Mustafa
   Chairman
2. Onyeali-Ikpe, Nneka (Mrs.)
   Managing Director/CEO
3. Imam, Hassan
   Executive Director, North Directorate
4. Ugwuoke, Kevin
   Executive Director, Risk Management
5. Opara, Kenneth (Dr.)
   Executive Director, Lagos & South West Directorate
6. Amuchie, Stanley
   Executive Director
7. Akuma, Kings (Pst.)
   Non-Executive Director
8. Agbapu, Chidozie
   Non-Executive Director
9. Mohammed, Isa
   Non-Executive Director
10. Obih, Henry Ikem (Engr.)
    Non-Executive Director
11. Onwughalu, Amaka (Mrs.)
    Non-Executive Director
12. Nweke, Nelson
    Non-Executive Director
13. Okeke, Chinedu Eric
    Non-Executive Director
14. Bammeke, Morohunke (Mrs.)
    Non-Executive Director

FIDELITYBK Industrial Market Competitors

Fidelity Bank Plc, issuers of the FIDELITYBK stock on the Nigerian Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Banking industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.

Index of African Stock Exchanges:

1. Botswana Stock Exchange
2. BRVM Stock Exchange
3. Ghana Stock Exchange
4. Johannesburg Stock Exchange
5. Lusaka Securities Exchange
6. Malawi Stock Exchange
7. Nairobi Securities Exchange
8. Nigerian Stock Exchange
9. Uganda Securities Exchange
10. Zimbabwe Stock Exchange