Access Holdings Plc released its audited half-year results for the period ended June 30, 2025, offering insights into its performance.
The Group earned a profit before tax of ₦320.57 billion, down 8.1% from ₦348.92 billion last year.
Consequently, profit after tax fell 23.3% to ₦215.92 billion, reflecting tighter margins and rising costs.
Access Holdings Revenue And Income Growth
Despite the decline, the story also shows resilience.
Gross earnings rose 13.8% year-on-year to ₦2.5 trillion, driven by stronger interest income.
In particular, interest income jumped 38.9% to ₦2 trillion, supported by increased lending and asset growth.
Furthermore, net interest income almost doubled to ₦984.6 billion, highlighting better yield management and cost control.
In addition, fees and commission income climbed 16.1% to ₦237.7 billion, boosted by higher transaction volumes.
The Group strengthened its balance sheet, with assets reaching ₦42.4 trillion and deposits hitting ₦22.9 trillion.
Loans rose to ₦13.2 trillion, while shareholders’ equity grew to ₦3.8 trillion.
However, return on average equity slipped to 11.4% from 22.4%, signalling reduced profitability.
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Strong Non-Banking Performance
Access Holdings’ banking units delivered steady growth, contributing 65% of the group’s profit before tax.
This performance underscores the Group’s strength across African and international markets despite challenging conditions.
Meanwhile, the non-banking subsidiaries achieved impressive results.
Access–ARM Pensions increased revenue by 29.9% to ₦21 billion and raised profit before tax by 65.1%.
The business recorded a 48.1% return on equity and maintained strong operational efficiency.
Hydrogen Payments continued its rapid expansion, growing revenue by 40.5% and profit before tax by 273%.
Transaction value processed surged 211% to ₦41.1 trillion, reflecting rising adoption of digital payments.
Access Insurance Brokers sustained momentum, raising premiums by 125% and boosting profit before tax by 161%.
Additionally, Oxygen X, launched in late 2024, generated ₦5.4 billion revenue and ₦2.2 billion profit in H1 2025.
Overall, although profit declined, Access Holdings demonstrated growth, innovation, and resilience, reinforcing its position as a diversified financial powerhouse.
