Fidelity Bank traded at 21.60 this Tuesday May 26th, decreasing 2.15 or 9.05 percent since the previous trading session. Looking back, over the last four weeks, Fidelity Bank lost 7.46 percent. Over the last 12 months, its price rose by 16.76 percent. Looking ahead, we forecast Fidelity Bank to be priced at 22.97 by the end of this quarter and at 21.44 in one year, according to Trading Economics global macro models projections and analysts expectations.
Fidelity Bank Plc offers banking and other financial services to corporate and individual customers. The Bank operates in four segments: Retail banking, which offers a range of retail, personal and commercial services to individuals, small and medium business customers, including a range of e-business products to serve the retail banking segment; Corporate banking, which offers a range of commercial and corporate banking services to the corporate business customers, including other medium and large business customers, and covers the power and infrastructure; oil and gas upstream and downstream; real estate, and agro-allied industries; Investment banking, which is involved in the funding and management of the banks securities, trading and investment decisions on asset management with a view of maximizing the banks shareholders returns, and Public sector, which offers a range of services to governments of various levels, including parastatals, ministries, departments and other agencies.