Fidelity Bank (NSA:FBP) Tax Rate %: 19.47% (As of Mar. 2026)

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NSA:FBP Fidelity Bank PLC NSA:FBP
71 GF Score
Price ₦20.95
GF Value ₦14.28
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Fidelity Bank Tax Rate %?

Fidelity Bank NSA:FBP +5.28% 71 Tax Rate % is 19.47% as of Mar. 2026. GuruFocus rates NSA:FBP with a GF Score™ of 71/100 and a GF Value™ of ₦14.28 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Fidelity Bank's Tax Expense for the three months ended in Mar. 2026 was ₦18,005 Mil. Fidelity Bank's Pre-Tax Income for the three months ended in Mar. 2026 was ₦92,476 Mil. Therefore, Fidelity Bank's Tax Rate % for the quarter that ended in Mar. 2026 was 19.47%.

Fidelity Bank Tax Rate % Related Terms

Fidelity Bank Tax Rate % Historical Data

* Premium members only.

The historical data trend for Fidelity Bank's Tax Rate % 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 Tax Rate % Chart

Fidelity Bank Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.37 12.95 19.96 27.80 30.26

Fidelity Bank Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % 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 13.87 44.88 18.82 61.34 19.47
NSA:FBP
71GF Score
Fidelity Bank PLC NSA:FBP
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Fidelity Bank Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Fidelity Bank's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=105218/347662
=30.26 %

Fidelity Bank's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=18005/92476
=19.47 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 19.47% mean?
Fidelity Bank (NSA:FBP) has a Tax Rate % of 19.47% as of Mar. 2026.
Is Fidelity Bank's Tax Rate % too high?
Fidelity Bank's current Tax Rate % is 19.47%. Overall, Fidelity Bank has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fidelity Bank's Tax Rate % compare to competitors?
Fidelity Bank's Tax Rate % of 19.47% 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 Tax Rate % for a Banks company?
A good Tax Rate % depends on the Banks industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Fidelity Bank's current Tax Rate % is 19.47%. 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 Tax Rate % is 19.47%. 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 Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Fidelity Bank (NSA:FBP), the current Tax Rate % is 19.47% 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:

  • Tax Rate %: 19.47%
  • GF Value™: ₦14.28 vs. price of ₦20.95 (46.7% above fair value)
  • GF Score™: 71/100 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.
71GF Score

Get the complete analysis for NSA:FBP

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₦20.95
Price
₦14.28
GF Value