Access Holdings Plc (NGX: ACCESSCORP) announced its results for the first quarter of 2026, demonstrating sustained momentum following a landmark full-year 2025 performance that saw the Group surpass the ₦1 trillion Profit Before Tax (PBT) milestone.
In 2025, Access Holdings consolidated its position as one of Nigeria’s leading financial institutions, shifting “from scale to value,” as highlighted by Group Managing Director/Chief Executive Officer, Innocent C. Ike.
Key achievements included:
– Profit Before Tax: ₦1.007 trillion (+16.2% YoY)
-Profit After Tax: ₦743.045 billion (+15.7% YoY)
-Operating Income: ₦3.17 trillion (+23.9% YoY)
-Net Interest Income: ₦1.357 trillion (+7.0% YoY)
-Net Fee & Commission Income: ₦585.1 billion (+40.9% YoY)
-Cost-to-Income Ratio: Improved to 51.7% (from 56.7% in 2024)
-Return on Average Equity (ROAE): 18.4%
-Total Assets: ₦51.56 trillion (+24.3% YoY)
-Customer Deposits: ₦34.56 trillion (+53.4% YoY)
The Group benefited from diversified income streams, deposit mobilisation, and a stabilising macroeconomic environment, with GDP growth at approximately 3.9%, moderating inflation, and robust capital market performance.
Q1 2026 Performance: Sustained Growth Trajectory
The unaudited Q1 2026 results show the Group maintaining strong profitability and balance sheet expansion amid ongoing optimisation efforts.
Balance Sheet Strength (as at 31 March 2026).
Total Assets: ₦53.44 trillion (up from ₦51.56 trillion at December 2025)
Loans and Advances to Customers. ₦13.53 trillion
Customer Deposits: ₦34.95 trillion
Shareholders’ Funds (attributable to owners): ₦3.99 trillion
The Group reported growth in interest income (₦824.8 billion from effective interest methods) and non-interest income streams, despite higher impairment charges and operating expenses, reflecting the challenging yet improving operating environment.
Access Holdings continues to evolve into a diversified financial services platform. While the banking subsidiary remains the primary earnings driver approximately 97% of revenue, non-banking platforms in investment management, insurance, consumer finance, and payments are contributing to a more resilient earnings base.
Commenting on the trajectory, management emphasised a focus on sustainable, high-quality growth.
The Group anticipates a favourable environment in 2026 for credit expansion and higher transaction volumes as macroeconomic conditions further stabilise.
About the company
Access Holdings Plc is domiciled in Nigeria. The address of the company’s registered office is No 14/15, Prince Alaba Oniru Road, Oniru, Lagos (formerly Plot 999c, Danmole Street, off Adeola Odeku/Idejo Street, Victoria Island, Lagos).
The Corporation’s business segments include banking, consumer lending, payment services, insurance brokerage and pension funds administration.
The Company is listed on Nigerian Exchange Group.
Administrator and Writer
