Access Holdings Plc has announced its audited results for the year ended December 31, 2025, marking a significant milestone in its evolution towards a model focused on value creation and efficiency. The group delivered a solid performance in a transitioning economic environment, demonstrating the resilience of its franchise and the robustness of its governance.
For the first time in its history, profit before tax (PBT) exceeded the ₦1 trillion mark, reaching ₦1.01 trillion, a 16.2% increase compared to the previous year. Net interest income stood at ₦1.36 trillion, while net fees and commission income recorded a growth of 40.9% to ₦585.1 billion, reflecting increased diversification in revenue streams. Overall operating income after impairment grew by 23.9% to ₦3.17 trillion.
The group also strengthened its cost management discipline, with a cost-to-income ratio reduced to 51.7% from 56.7% in 2024. Profitability indicators remained strong, with a return on average equity of 18.4% and a return on average assets of 1.6%, illustrating the quality of earnings delivered during the year. Total assets increased by 24.3% to ₦51.57 trillion, while customer deposits surged by 53.4% to ₦34.56 trillion. Shareholders' equity increased by 15% to ₦4.33 trillion.
Innocent C. Ike, Group Managing Director, stated that the performance reflects Access's resilience and the strength of the institution. He added that the group has entered an optimization phase with a stronger focus on return on capital, earnings quality and long-term value creation.
While banking activities remain the primary revenue driver, Access Holdings is pursuing its diversification strategy, particularly in asset management and insurance. The group anticipates a continued stabilization of macroeconomic conditions, creating growth opportunities. Access Holdings has reaffirmed its commitment to long-term shareholder value, while clarifying the reasons for the non-payment of dividends for the year ended December 31, 2025, related to regulatory approvals not obtained.
