Fidelity Bank (NSA:FBP) Beginning Cash Position: ₦1,324,682 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSA:FBP Fidelity Bank PLC NSA:FBP
69 GF Score
Price ₦20.95
GF Value ₦14.28
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Fidelity Bank Beginning Cash Position?

Fidelity Bank NSA:FBP +5.28% 69 Beginning Cash Position is ₦1,324,682 Mil as of Mar. 2026. GuruFocus rates NSA:FBP with a GF Score™ of 69/100 and a GF Value™ of ₦14.28 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Fidelity Bank's Beginning Cash Position for the quarter that ended in Mar. 2026 was ₦1,324,682 Mil.

Fidelity Bank's quarterly Beginning Cash Position declined from Sep. 2025 (₦1,350,775 Mil) to Dec. 2025 (₦1,288,447 Mil) but then increased from Dec. 2025 (₦1,288,447 Mil) to Mar. 2026 (₦1,324,682 Mil).

Fidelity Bank's annual Beginning Cash Position increased from Dec. 2023 (₦301,495 Mil) to Dec. 2024 (₦365,882 Mil) and increased from Dec. 2024 (₦365,882 Mil) to Dec. 2025 (₦708,229 Mil).

Fidelity Bank Beginning Cash Position Related Terms

Fidelity Bank Beginning Cash Position Historical Data

* Premium members only.

The historical data trend for Fidelity Bank's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fidelity Bank Beginning Cash Position Chart

Fidelity Bank Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 328,493.00 219,252.00 301,495.00 365,882.00 708,229.00

Fidelity Bank Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 708,229.00 1,323,194.00 1,350,775.00 1,288,447.00 1,324,682.00
NSA:FBP
69GF Score
Fidelity Bank PLC NSA:FBP
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fidelity Bank Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of ₦1,324,682 Mil mean?
Fidelity Bank (NSA:FBP) has a Beginning Cash Position of ₦1,324,682 Mil as of Mar. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Fidelity Bank and its competitors.
Is Fidelity Bank's Beginning Cash Position too high?
Fidelity Bank's current Beginning Cash Position is ₦1,324,682 Mil. Overall, Fidelity Bank has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fidelity Bank's Beginning Cash Position compare to competitors?
Fidelity Bank's Beginning Cash Position of ₦1,324,682 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Banks company?
A good Beginning Cash Position depends on the Banks industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Fidelity Bank and its competitors. Fidelity Bank's current Beginning Cash Position is ₦1,324,682 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fidelity Bank stock overvalued right now?
Based on GuruFocus' analysis, Fidelity Bank (NSA:FBP) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦14.28, compared to a current price of ₦20.95 — trading 46.7% above its estimated fair value. The current Beginning Cash Position is ₦1,324,682 Mil. Fidelity Bank's overall GF Score™ is 69/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Fidelity Bank (NSA:FBP), the current Beginning Cash Position is ₦1,324,682 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Fidelity Bank (NSA:FBP) Overvalued in 2026?

Based on GuruFocus' analysis, Fidelity Bank stock appears to be overvalued. The current stock price of ₦20.95 is trading 46.7% above its estimated GF Value™ of ₦14.28. GuruFocus considers Fidelity Bank to be Significantly Overvalued.

Key valuation signals for NSA:FBP:

  • Beginning Cash Position: ₦1,324,682 Mil
  • GF Value™: ₦14.28 vs. price of ₦20.95 (46.7% above fair value)
  • GF Score™: 69/100 with 4 warning signs

No single metric tells the full story. See the NSA:FBP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Fidelity Bank Business Description

Address 1 Fidelity Bank Close Off Kofo Abayomi Street, Fidelity Place, Victoria Island, Lagos, NGA
Fidelity Bank PLC offers banking and other financial services to corporate and individual customers. It operates through segments including Retail banking that offers retail, personal and commercial services to individuals, small and medium business customers and E-Business products to serve retail banking; Its Corporate Banking segment offers commercial and corporate banking services to corporate business customers, it covers the Power and Infrastructure, Oil and Gas Upstream and downstream, Real Estate, Agro-Allied, and other industries; and Investment banking segment is involved in the funding and management of the bank's securities, trading, and investment decisions. It generates maximum revenue from the Retail Segment.
69GF Score

Get the complete analysis for NSA:FBP

Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₦20.95
Price
₦14.28
GF Value