Yemisi Izuora
Access Holdings Plc has delivered a profit before tax (PBT) of ₦320.6 billion for the half year ended June 30, 2025, a demonstration of its strategy, diversified growth model, and execution.
Profit after tax (PAT) stood at ₦215.9 billion, underscoring the Group’s ability to consistently generate sustainablereturns amid a challenging macroeconomic environment.
Access Holdings recorded gross earnings of ₦2.5 trillion, a 13.8% increase from ₦2.2 trillion in H1 2024, supported by robust growth in interest income, which rose by 38.9% year-on-year to ₦2.0 trillion. Net interest income almost doubled, up 91.8% to ₦984.6 billion, while net fees and commission income grew 16.1% to ₦237.7 billion.
This performance reflects the Group’s deliberate diversification strategy, balancing growth across banking and non-banking subsidiaries, to ensure sustainable profitability and superior shareholder value.
The Banking Group continued to drive performance, reporting a PBT of ₦303.0 billion and PAT of ₦199.3 billion. Interest income grew by 38.7 per cent to ₦2.0 trillion, and net interest income surged 85 per cent to ₦992.7 billion. Fee and commission income climbed 27 per cent to ₦294.9 billion, propelled by higher transaction volumes across digital and retail channels.
Banking subsidiaries contributed 65 per cent of total PBT, reflecting the Group’s strong footprint across Africa and its proven ability to convert scale into value.
Access Holdings’ non-banking subsidiaries continued to validate the Group’s diversified investment thesis.
Access ARM Pensions posted a 65.1 per cent year-on-year growth in PBT to ₦13.1 billion, with ROAE at 48.1 per cent and a PBT margin of 62.5 per cent.
Hydrogen Payments delivered a 273 per cent surge in PBT, processing ₦41.1 trillion in transactions, more than triple the value recorded in H1 2024.
Access Insurance Brokers achieved a 161 per cent increase in PBT, reflecting its expanding market presence and profitability.
Oxygen X, the Group’s digital lending platform, posted ₦2.2 billion in PBT on ₦5.4 billion in revenue, sustaining strong momentum since launch.
Access Holdings closed the half year with total assets of ₦42.4 trillion, customer deposits of ₦22.9 trillion, loans and advances of ₦13.2 trillion, and shareholders’ equity of ₦3.8 trillion, demonstrating a resilient balance sheet.
Access Holdings remains focused on disciplined growth, operational efficiency, and transformation. As it executes its five-year strategic plan, the company continues to strengthen its position as one of Africa’s most diversified financial services groups, creating sustainable value for shareholders while driving inclusive economic impact.