Access Holdings Plc (“the Group” or “the Company”) on Friday announced its half-year audited financial results for the period ended June 30, 2025.
The Group’s financial results for the half year ended June 30, 2025, reflect the resilience of our business model, the diversification of our revenue streams, and the steady progress to the execution of our five-year strategic plan.
Gross earnings increased by 13.8% year-on-year to N2.5 trillion in H1 2025 from N2.2 trillion in H1 2024, driven by strong growth in interest income which increased by 38.9% year-on-year to N2.0 trillion from N1.5 billion in H1 2024.
Net interest income also increased by 91.8% year-on-year to N984.6 billion in H1 2025 from N513.4 billion in H1 2024.
Complementing this performance was a growth in net fees and commission income, which increased by 16.1% year-on-year to N237.7billion in H1 2025 from N204.7 billion in H1 2024.
Profit before tax (PBT) and profit after tax (PAT) closed at N320.6 billion and N215.9 billion respectively underscoring the strength and resilience of our business model in the markets we operate in.
Key balance sheet indicators remain strong with total assets, customer deposits, loans and advances, and shareholders’ equity closing at N42.4 trillion, N22.9 trillion, N13.2 trillion N3.8 trillion respectively.
The Banking group demonstrated resilient performance in H1 2025. Interest income grew by 38.7% year-on-year to N2.0 trillion in H1 2025 from N1.5 trillion in H1 2024. Net interest income increased by 85%, from N536.7 billion in H1 2024 to N992.7 billion in H1 2025. Fee and commission income increased by 27% to N294.9 in H1 2025 from N232.5 billion in H1 2024 driven by increased transaction volumes. Profit before tax (PBT) and profit after tax (PAT) closed at N303.0 billion and N199.3 billion respectively.
Banking group subsidiaries contributed 65% to the Banking group’s profit before tax (PBT) in H1 2025. This result highlights our journey towards sustainable performance and execution across our key African and international markets.
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