Access Holdings Plc announced N2.5tn in gross earnings for the half-year period ending June 30, 2025, marking a 13.8 per cent rise from N2.2tn recorded in the same period of 2024.
The financial group disclosed the figures in its half-year audited results submitted to the Nigerian Exchange Limited.
Interest income expansion powered the earnings increase, climbing 38.9 per cent year-on-year to N2.0tn from N1.5tn in H1 2024. Net interest income jumped 91.8 per cent to N984.6bn compared to N513.4bn in the corresponding period.
Net fees and commission income advanced 16.1 per cent year-on-year to N237.7bn in H1 2025 from N204.7bn in H1 2024. Profit before tax and profit after tax settled at N320.6bn and N215.9bn, respectively.
Core balance sheet metrics demonstrated resilience throughout the period. Total assets reached N42.4tn, customer deposits hit N22.9tn, loans and advances totalled N13.2tn, and shareholders’ equity stood at N3.8tn.
The banking division accounted for 65 per cent of the group’s profit before tax in H1 2025. Interest income for the banking arm expanded 38.7 per cent to N2.0tn, while net interest income climbed 85 per cent to N992.7bn. Fee and commission income increased 27 per cent to N294.9bn, propelled by higher transaction volumes.
ALSO READ
Non-banking units maintained robust growth trajectories. Hydrogen Payments achieved 40.5 per cent top-line expansion and 273 per cent year-on-year profit before tax growth, handling N41.1tn in transaction value versus N13.8tn in H1 2024. Access-ARM Pensions registered 29.9 per cent revenue growth to N21.0bn and 65.1 per cent profit before tax increase to N13.1bn.
Access Insurance Brokers achieved 125 per cent year-on-year growth in gross written premium, 146 per cent revenue expansion, and 161 per cent profit before tax improvement. Oxygen X, the group’s digital lending platform introduced in Q3 2024, generated N5.4bn in revenue and N2.2bn in profit before tax during H1 2025.
Company Secretary Sunday Ekwochi stated the results demonstrated “the resilience of our business model, the diversification of our revenue streams, and the steady progress to the execution of our five-year strategic plan.”
He noted the group’s commitment to sustainable expansion, enhanced digital capabilities, and rigorous risk management practices.
Access Holdings Plc operates as a diversified financial services group with subsidiaries spanning banking, pensions, payment processing, insurance brokerage, and digital lending across African and global markets.
