Access Holdings Reports Impressive ₦320.6bn Half-Year Results, Driving Sustainable Growth Across Africa

In an impressive display of financial strength, Access Holdings Plc has reported a profit before tax (PBT) of ₦320.6 billion for the first half of 2025, highlighting the Group’s strategic focus and diversified growth model.

The results, covering the period ended June 30, reveal a profit after tax (PAT) of ₦215.9 billion, showcasing the Group’s capability to yield sustainable returns despite ongoing macroeconomic challenges.

The Group saw gross earnings soar to ₦2.5 trillion, marking a robust 13.8% leap from ₦2.2 trillion in the same period last year.

Much of the growth can be attributed to a 38.9% increase in interest income which reached ₦2.0 trillion.

Net interest income also enjoyed remarkable growth, nearly doubling with a surge of 91.8% to ₦984.6 billion, while net fees and commission income climbed by 16.1% to ₦237.7 billion.

Access Holdings’ strategic diversification across both banking and non-banking subsidiaries has proven effective as they strive to achieve sustainable profitability and enhance shareholder value.

The banking arm played a significant role in this success, with a PBT of ₦303.0 billion and a PAT of ₦199.3 billion.

Interest income rose by 38.7% to ₦2.0 trillion, and the banking group’s net interest income surged by an impressive 85% to ₦992.7 billion, further complemented by a 27% increase in fee and commission income.

Interesting to note, banking subsidiaries accounted for 65% of the total PBT, showcasing Access Holdings’ strong positioning across Africa and its knack for translating scale into value.

Meanwhile, the Group’s non-banking subsidiaries validated the diversification strategy with stellar performances.

Access ARM Pensions achieved a staggering 65.1% growth in PBT, reaching ₦13.1 billion. Their return on average equity (ROAE) stood at an impressive 48.1%, with a PBT margin of 62.5%.

Hydrogen Payments showed remarkable expansion, recording a phenomenal 273% spike in PBT as it processed a jaw-dropping ₦41.1 trillion in transactions, more than triple the value from H1 2024.

Access Insurance Brokers also joined the party with a 161% increase in PBT, showcasing its expanding market footprint.

Digital lending platform, Oxygen X, marked its territory with ₦2.2 billion in PBT and ₦5.4 billion in revenue, maintaining strong growth momentum since its launch.

In terms of financial health, Access Holdings boasts total assets of ₦42.4 trillion, customer deposits totalling ₦22.9 trillion, loans and advances of ₦13.2 trillion, and a solid shareholders’ equity of ₦3.8 trillion, reflecting a resilient balance sheet.

As Access Holdings advances its five-year strategic plan, the Group remains committed to disciplined growth, operational efficiency, and transformation.

The company aims to solidify its position as one of Africa’s foremost diversified financial services groups, committed to creating sustainable value for its shareholders while driving inclusive economic impact across the continent.

With these promising results, it’s clear that Access Holdings is on a path to continued success!