Access Holdings Records N2.5trn Gross Earnings In H1

Access Holdings Plc has posted gross earnings of N2.5 trillion in its half-year audited financial results for June 30, 2025.

The group’s financial results for the half year ended June 30, 2025, reflect the resilience of our business model, the diversification of our revenue streams, and the steady progress made in executing our five-year strategic plan.

Gross earnings increased by 13.8 per cent year-on-year to N2.5 trillion in H1 2025 from N2.2 trillion in H1 2024, driven by strong growth in interest income, which increased by 38.9 per cent year-on-year to N2.0 trillion from N1.5 billion in H1 2024.

Net interest income also increased by 91.8 per cent year-on-year to N984.6 billion in H1 2025 from N513.4 billion in H1 2024. Profit before tax and profit after tax (PAT) closed at N320.6 billion and N215.9 billion, respectively, underscoring the strength and resilience of our business model in the markets we operate in.

Key balance sheet indicators remain strong, with total assets, customer deposits, loans and advances, and shareholders’ equity closing at N42.4 trillion, N22.9 trillion, N13.2 trillion, and N3.8 trillion, respectively.

Access Holdings, in a statement signed by the company secretary, Sunday Ekwochi, said, “The Banking group demonstrated resilient performance in H1 2025. Interest income grew by 38.7 per cent year-on-year to N2.0 trillion in H1 2025 from N1.5 trillion in H1 2024. Net interest income increased by 85 per cent, from N536.7 billion in H1 2024 to N992.7 billion in H1 2025. Fee and commission income increased by 27 per cent to N294.9 billion in H1 2025 from N232.5 billion in H1 2024, driven by increased transaction volumes. Profit before tax (PBT) and profit after tax (PAT) closed at N303.0 billion and N199.3 billion, respectively.”

It added that “Banking group subsidiaries contributed 65 per cent to the group’s profit before tax in H1 2025. This result highlights our journey towards sustainable performance and execution across our key African and international markets.”

Access Holdings added that “its businesses are well-positioned to deepen market penetration, expand product offerings, and leverage cross-sell opportunities across the Group to drive continued growth and profitability.

“The group focuses on driving prudent growth and continued execution of its strategic priorities, scaling its digital and transaction-led income streams, increasing revenue diversification, and embedding efficiency, innovation, and disciplined portfolio management across all business areas. It will also continue to uphold the highest standards of risk and governance discipline to ensure sustainable profitability.”

It added that “Access Holdings remains confident that it will continue to deliver sustainable value and returns to its shareholders. Its long-term objective is to build a stronger, more agile Group that consistently delivers superior returns, fosters innovation-driven growth, and optimises portfolio performance to create inclusive value across its markets while reaffirming investor confidence in the strength and future of Access Holdings.”