Access Holdings Plc has announced N215.92 billion profit after tax in its half year (H1) ended June 20, 2025, representing a 23.3 per cent decline from N281.33 billion reported in half year (H1) ended June 30, 2024.
The listed Pan-African financial institution on the Nigerian Exchange Limited (NGX) in its profit & loss figures declared N320.57billion profit before tax in H1 2025, which is about 8.1 per cent drop when compared to N348.92 billion declared in H1 2024.
As at the time of writing this report, Access Holdings has not announced interim dividend for half year of 2025 pay-out to shareholders who invested in its stock on the Exchange .
Despite reporting N2.49trillion gross earnings in H1 2025, a 13.8 per cent increase from N2.19trillion in H1 2024, impairment charge of N230.07 billion (87.4 per cent from N122.74 billion in H1 2024) and operating expenses of N808.8 billion in H1 2025 (12.5 per cent from N719.1 billion in H1 2024) weaken profit generation in the period under review.
The group’s , however, declared N42.4trillion total assets as of June 30, 2025, about 2.3per cent increase over N41.5 trillion declared in 2024 full financial year.
Other key balance sheet indicators revealed that loans & advances to customers closed June 30, 2025 at N13.21trillion, a 1.1 per cent increase over N13.07 trillion, while customers deposits moved from N22.5 trillion in 2024full financiial year to N22.9 trillion as of June 30, 2025, a growth of 1.7 per cent.
In addition, shareholders’ funds closed June 30, 2025 at N3.8 trillion, about two per cent increase over N3.76trillion in 2024.
The Company Secretary, Access Holdings, Mr. Sunday Ekwochi in a signed statement stated that, “Our focus remains on driving prudent growth and continued execution of our strategic priorities, scaling our digital and transaction-led income streams, increasing revenue diversification, embedding efficiency, innovation, and disciplined portfolio management across all areas of the business. We will also continue to uphold the highest standards of risk and governance discipline to ensure sustainable profitability.
“We remain confident that we will continue to deliver sustainable value and returns to our shareholders. Our long-term objective is to build a stronger, more agile Group that consistently delivers superior returns, fosters innovation-driven growth, and optimizes portfolio performance to create inclusive value across our markets while reaffirming investor confidence in the strength and future of Access Holdings.”
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