Access Holdings H1 2025 results reveal strong revenue growth, rising profits, and resilient performance across banking and non-banking subsidiaries

Access Holdings H1 2025 results reveal strong growth and resilience across both banking and non-banking operations, reflecting the effectiveness of the Group’s five-year strategic plan.

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For the half-year ended June 30, 2025, gross earnings rose 13.8% year-on-year to ₦2.5 trillion, up from ₦2.2 trillion in H1 2024, largely driven by interest income, which surged 38.9% to ₦2.0 trillion.

Net interest income also climbed 91.8% to ₦984.6 billion, while net fees and commission income grew 16.1% to ₦237.7 billion, underscoring strong diversification of revenue streams.

Profit before tax (PBT) and profit after tax (PAT) stood at ₦320.6 billion and ₦215.9 billion respectively. Key balance sheet indicators remained robust, with total assets at ₦42.4 trillion, customer deposits at ₦22.9 trillion, loans and advances at ₦13.2 trillion, and shareholders’ equity at ₦3.8 trillion.

The Banking group demonstrated resilience, with net interest income up 85% year-on-year to ₦992.7 billion and fees and commissions rising 27% to ₦294.9 billion, driven by higher transaction volumes.

Banking subsidiaries contributed 65% of group PBT, highlighting the strength of core operations across African and international markets.

Non-banking subsidiaries also performed strongly. Access-ARM Pensions posted revenue growth of 29.9% to ₦21.0 billion and PBT up 65.1% to ₦13.1 billion, maintaining a ROAE of 48.1% and a PBT margin of 62.5%.

Hydrogen Payments saw revenue rise 40.5% and PBT increase 273%, processing ₦41.1 trillion in transactions. Access Insurance Brokers recorded 125% growth in gross written premiums and a 161% rise in PBT, while Oxygen X, the Group’s digital lending platform, delivered ₦5.4 billion in revenue and ₦2.2 billion PBT since its launch in Q3 2024.

The Group remains focused on prudent growth, digital expansion, revenue diversification, and disciplined portfolio management, ensuring sustainable profitability and long-term shareholder value.

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Access Holdings continues to position itself as a strong, agile, and innovation-driven Group, committed to delivering superior returns and inclusive value across its markets.