Access Holdings Plc has reported a profit after tax of N448 billion for the nine months ended 30 September 2025, representing a marginal decline from the N458 bn recorded in the same period of 2024.
According to the group’s unaudited financial statements released to the Nigerian Exchange Limited on Thursday, profit before tax rose to N616 bn from N558 bn in the corresponding period of 2024, driven by higher interest and non-interest income.
Interest income grew by 27 per cent to N2.74 tn from N2.16 tn in the same period last year, reflecting growth in the group’s loan portfolio and investment securities. However, interest expenses also increased to N1.65 tn from N1.55 tn, impacting overall net interest income.
Fee and commission income rose to N600.4 bn from N401.5 bn, while other operating income stood at N140.5 bn, up from N66.8 bn in 2024.
The group recorded a net impairment charge of N350 bn, a significant rise from N145 bn in the prior period, reflecting the challenging macroeconomic environment.
Total comprehensive income for the period declined to N160 bn compared to N1.2 tn in 2024, largely due to unrealised foreign currency translation losses.
Earnings per share dropped to 800 kobo from 1,240 kobo, while the group’s profit attributable to equity holders stood at N427 bn, with N21 bn to non-controlling interests.
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