Access Holdings records N3.9 trillion gross earnings in nine months

Access Holdings PLC on Thursday announced its nine-month ended September 30, 2025 (“Q3 2025”) results, recording gross earnings of ₦3.9trillion, which represented a rise by 14.1% year-on-year over ₦3.4trillion as at Q3 2024. 

This show was driven by sustained maturation successful some involvement and fees and commission, reflecting the spot of the Group’s diversified net basal and improved show from halfway operations crossed its banking and non-banking businesses.

Maintaining the aforesaid momentum, gross net roseate by 56.2% quarter-on-quarter from ₦2.5trillion arsenic astatine Half Year (H1) 2025.

Interest income roseate by 21.1% year-on-year to ₦2.9 trillion successful Q3 2025, compared to ₦2.4 trillion successful Q3 2024. Net involvement income besides accrued by 48.9% to ₦1.3 trillion from ₦845 cardinal successful the aforesaid period. This show was driven by indebtedness publication expansion, reflecting our disciplined hazard absorption attack and a strategical absorption towards higher-yielding, prime assets to fortify portfolio returns. 

On a quarter-on-quarter basis, involvement income and nett involvement income grew by 42.1% and 27.8%, respectively, from ₦2.0 trillion and ₦984 cardinal successful H1 2025. 

There was 44.3% maturation successful nett interest and committee to N476billion successful Q3 2025 from N330billion successful Q3 2024, reflecting higher transaction volumes and accrued lawsuit enactment crossed integer and outgo channels crossed some periods. 

On a quarter-on-quarter basis, nett interest and committee income besides accrued by 100.8% from N237billion successful H1 2025. 

While full non-interest income declined marginally by 8.1% to ₦872 cardinal successful Q3 2025 from ₦984trillion successful Q3 2024, the Group’s maturation momentum from halfway operations continues to enactment wide net trajectory. 

Operating income roseate 18.8% to ₦2.13 trillion successful Q3 2025 from ₦1.8trillion successful Q3 2024.

Impairment connected loans accrued by 141.5% to N350billion arsenic of Q3 2025 from N145billion successful Q3 2024.

Operating expenses accrued marginally by 6.7% successful Q3 2025 to N1.2trillion from N1.1trillion successful Q3 2024. The cost-to-income ratio (CIR) improved to 54.6% successful Q3 2025 from 60.8% arsenic astatine Q3 2024, arsenic gross maturation outpaced operating expenses. We expect cost-to-income ratio to enactment moderated from ongoing ratio initiatives, outgo optimization measures, and stronger gross crossed the Group.

Profit earlier taxation (PBT) accrued by 10.4% to N616billion successful Q3 2025 from N558billion successful Q3 2024. Profit aft taxation moderated to N447billion successful Q3 2025 from N458billion successful Q3 2024. 

Compared to H1 2025 performance, profitability demonstrated resilience, arsenic nett earlier taxation (PBT) accrued by 91.9% from N321billion successful H1 2025 YTD to N616billion successful Q3 2025. Profit aft taxation (PAT) besides showed betterment successful the play with a 107.9% summation to N447billion successful Q3 2025 from N215 cardinal arsenic astatine H1 2025 YTD.