Access Holding PLC has released its audited group financial results for the full year ended December 31, 2025, reporting profit before tax of N1.007 trillion compared to the N867 billion in 2024, reflecting a 16.16% YoY increase.
The record profitability was driven by strong growth in interest and non-interest income, particularly a 152% YoY growth in fair value and foreign exchange gain of N1.05 trillion
Although earnings per share declined by 19.33% YoY to N13.48, it can be attributed to the 16% increase in shares outstanding to 53.318 billion from 45.868 billion in 2024
Access Holding’s overall bottom-line performance was driven by a combination of factors. At the top level, gross earnings at N5.529 trillion are impressive, driven by strong interest income and non-interest income
The composition of the interest income appears to mirror the investment outlet. Access increased its holding in securities to N16.3 trillion compared to N11.3 trillion in 2024
On the cost side, interest expense declined by 1.04% YoY; from N2.212 trillion in 2024 to N2.189 trillion.
The group’s impairment charge increased by 113.42% to N523.550 billion. This contributed to the 19% decline in net interest income after impairment to N833.341 in 2025.
Net fees and commissions surged by 41% to N585.1 billion, driven by credit-related fees and commissions income of N330 billion compared to N162 billion made in 2024
Combined with the fair value and foreign exchange gain of over N1 trillion, which significantly contributed to the non-interest income, and overall, the bottom line
Access Holdings’ total assets grew to N52 trillion, driven by an increase in customer deposits (+53% YoY).
Access began the year with a share price of N21 and closed at N27 in April, representing a year-to-date return of 28.6%.
