Nigeria, Nov. 14 -- Net profit at Fidelity Bank Plc fell by 17.2 per cent in the first half of the year, compared to the same period of 2025, despite a moderate improvement in revenue, according to the audited report of the lender released on Thursday.

Gross earnings for the period under review jumped to N748.7 billion from N512.9 billion, supported by increased interest income.

Interest and similar income was up by 53.3 per cent at N557.9 billion on the back higher interest earned on loans and advances.

Net interest income, which indicates the difference between the interest earned by a bank and what it pays to savers for keeping their deposits, rose 28.8 per cent to N420.4 billion.

Fidelity Bank put aside N13.7 billion in credit los...