Access Holdings Plc has announced its audited financial results for the year ending December 31, 2025, showing strong performance across key areas of its business. The company recorded a profit before tax of N1.007 trillion, representing a 16.16% increase compared to N867 billion in 2024.
This growth was largely driven by a sharp rise in both interest and non-interest income. A major highlight was a 152% increase in fair value and foreign exchange gains, which reached N1.05 trillion. These gains played a significant role in boosting the company’s overall profitability.
Despite this strong performance, earnings per share dropped by 19.33% to N13.48. This decline was mainly due to an increase in the number of shares in circulation, which rose by 16% from 45.868 billion in 2024 to 53.318 billion in 2025.
Revenue and Income Growth
Access Holdings reported gross earnings of N5.529 trillion, supported by steady growth in its income streams. Interest income rose by 14.10% to N3.546 trillion. A large portion of this came from loans and advances to customers, which generated N1.750 trillion and made up nearly half of the total interest income.
Income from investments in securities brought in over N1.073 trillion, although this was a 15% drop compared to the previous year. Meanwhile, cash and bank balances contributed N249 billion, a significant increase from N66 billion recorded in 2024.
The company also expanded its investment portfolio. Holdings in securities increased to N16.3 trillion, compared to N11.3 trillion in the previous year. This exceeded its loans and advances to customers, which stood at N13.34 trillion after a 16% increase.
Costs and Expenses
On the cost side, interest expenses slightly decreased by 1.04%, falling from N2.212 trillion in 2024 to N2.189 trillion in 2025.
Customer deposits grew significantly by 53.44%, reaching N34.562 trillion. This accounts for more than two-thirds of the group’s balance sheet, showing strong customer confidence and providing a solid base for future lending and investments.
However, loan loss provisions rose sharply by 113.42% to N523.550 billion. This increase in impairment charges reduced net interest income after impairment by 19%, bringing it down to N833.341 billion.
Non-Interest Income Performance
Non-interest income also recorded impressive growth. Net fees and commissions increased by 41% to N585.1 billion. This was mainly driven by credit-related fees, which rose to N330 billion from N162 billion in 2024.
Other contributors included digital banking and e-business channels, which generated N215.268 billion, as well as commissions from financial services totaling N101.587 billion. Combined with the strong foreign exchange and fair value gains, these sources significantly boosted overall earnings.
Balance Sheet and Market Performance
Access Holdings’ total assets grew to N52 trillion, reflecting strong expansion. Customer deposits made up a large portion of this, supporting liquidity and enabling future growth opportunities.
The company’s share capital and premium stood at N594.903 billion. In the stock market, Access Holdings began the year with a share price of N21 and rose to N27 by April, delivering a year-to-date return of 28.6%.
