Access Holdings Plc has reported its audited financial results for the full year ended December 31, 2025, achieving a profit before tax of N1.007 trillion. This represents a 16.16% year-on-year increase from N867 billion in 2024.
The strong profitability was driven by significant growth in interest and non-interest income, notably a 152% year-on-year increase in fair value and foreign exchange gains, totaling N1.05 trillion.
Despite a 19.33% year-on-year decline in earnings per share to N13.48, this was attributed to a 16% rise in shares outstanding to 53.318 billion from 45.868 billion in 2024.
The Group's gross earnings amounted to N5.529 trillion, a 13.34% year-on-year increase. Interest income grew by 14.10% to N3.546 trillion, while interest expenses decreased by 1.04% to N2.189 trillion, resulting in a net interest income of N1.357 trillion, up 7.01%.
An impairment charge of N523.550 billion was recorded, an increase of 113.42% year-on-year. This contributed to a 18.52% decline in net interest income after impairment to N883.341 billion.
Non-interest income saw robust growth, with net fee and commission income rising by 40.90% to N585.068 billion. Fair value and foreign exchange gains contributed N1.05 trillion, a 152.51% increase.
Profit after tax stood at N743.045 billion, a 15.70% increase year-on-year.
Loans and advances to customers grew by 16.13% to N13.341 trillion, while investment in securities increased by 43.75% to N16.305 trillion.
Customer deposits expanded significantly by 53.44% to N34.562 trillion, constituting over 67% of the group’s balance sheet. Total assets grew by 24.24% to N51.556 trillion.
Retained earnings increased by 46.16% to N1.672 trillion, and shareholders’ funds grew by 15.05% to N4.326 trillion.
The Group Managing Director/Chief Executive Officer, Innocent C. Ike, stated that the 2025 performance reflects the franchise's resilience and the institution's strength. He noted a strategic shift from a growth model focused on scale to one anchored on value creation, efficiency, and earnings quality.
The cost-to-income ratio improved to 51.7% from 56.7% in 2024. Return on average equity was 18.4%, and return on average assets was 1.6%.
Nigeria's economic growth strengthened to about 3.9% in 2025, with inflation moderating and foreign exchange reserves rising above $45 billion. The NGX All Share Index gained over 51% during the year.
