Fidelity BankNSA:FBP 71 Pretax Margin % is 35.98% as of Mar. 2026, which is 33% above its 10-year median of 27.01. GuruFocus rates NSA:FBP with a GF Score™ of 71/100 and a GF Value™ of ₦14.14 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,527 Banks companies, Fidelity Bank ranks better than 62.61% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Fidelity Bank's Pre-Tax Income for the
three
months ended in Mar. 2026 was ₦92,476 Mil. Fidelity Bank's Revenue for the
three
months ended in Mar. 2026 was ₦257,020 Mil. Therefore, Fidelity Bank's pretax margin for the quarter that ended in Mar. 2026 was 35.98%.
The historical rank and industry rank for Fidelity Bank's Pretax Margin % or its related term are showing as below:
NSA:FBP'
s Pretax Margin % Range Over the Past 10 Years
Min: 12.72 Med: 27.01 Max: 49.81
Current: 39.79
NSA:FBP's Pretax Margin % is ranked better than 62.61% of 1527
companies
in the Banks industry
Industry Median: 34.88
vs NSA:FBP: 39.79
Fidelity Bank (NSA:FBP) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Fidelity Bank Pretax Margin % Related Terms
Fidelity Bank Pretax Margin % Historical Data
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The historical data trend for Fidelity Bank's Pretax Margin % 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 Pretax Margin % Competitor Comparison
For the Banks - Regional subindustry, Fidelity Bank's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Fidelity Bank Pretax Margin % vs Banks Industry
For the Banks industry and Financial Services sector, Fidelity Bank's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Fidelity Bank's Pretax Margin % falls into.
* 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 (NSA:FBP) has a Pretax Margin % of 35.98% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Fidelity Bank and its competitors. This is 33% above median its historical median of 27.01. Over the past decade, Fidelity Bank's Pretax Margin % has ranged from 12.72 to 49.81. According to the industry distribution chart, Fidelity Bank ranks #571 out of 1527 companies in the Banks industry, placing it in the top 37.4%.
Is Fidelity Bank's Pretax Margin % too high?
Fidelity Bank's current Pretax Margin % of 35.98% is 33% above median its 10-year median of 27.01. Over the past 10 years, this metric has ranged from a low of 12.72 to a high of 49.81. The Banks industry median Pretax Margin % is 34.88. Fidelity Bank's value of 35.98% is 3.2% above this industry median. Based on the distribution chart, Fidelity Bank ranks #571 out of 1527 companies in the Banks industry, which is above the industry midpoint. Overall, Fidelity Bank has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fidelity Bank's Pretax Margin % compare to competitors?
According to the Banks industry distribution chart, Fidelity Bank ranks #571 out of 1527 companies for Pretax Margin %. This puts Fidelity Bank in the upper half of its industry. The industry median Pretax Margin % is 34.88. Fidelity Bank's value of 35.98% is 3.2% above this benchmark. Historically, Fidelity Bank's own Pretax Margin % has ranged from 12.72 to 49.81 over the past decade. While the company's 10-year median is 27.01 vs. the industry median of 34.88, Fidelity Bank has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Banks company?
The median Pretax Margin % among Banks companies is 34.88, based on 1,527 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fidelity Bank's current Pretax Margin % of 35.98% is 3.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Fidelity Bank and its competitors. For the Banks industry, the median Pretax Margin % is 34.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fidelity Bank's current Pretax Margin % is 35.98%, which is 33% above median its own 10-year median of 27.01. 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 Modestly Overvalued. The stock's GF Value™ is ₦14.14, compared to a current price of ₦18.20 — trading 28.7% above its estimated fair value. The current Pretax Margin % is 35.98%, which is 33% above median its 10-year median of 27.01 and 3.2% above the Banks industry median of 34.88. Fidelity Bank's overall GF Score™ is 71/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Fidelity Bank (NSA:FBP), the current Pretax Margin % is 35.98% 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 ₦18.20 is trading 28.7% above its estimated GF Value™ of ₦14.14.
GuruFocus considers Fidelity Bank to be Modestly Overvalued.
Key valuation signals for NSA:FBP:
Pretax Margin %: 35.98% (33% above median its 10-year median of 27.01)
GF Value™: ₦14.14 vs. price of ₦18.20 (28.7% above fair value)
Industry Position: 3.2% above the Banks median (#571 of 1527)
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 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.
71GF Score
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