BY NKECHI NAECHE-ESEZOBOR—Access Holdings Plc (“the Group” or “the Company”) 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.
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.
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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% to ₦2.0 trillion, and net interest income surged 85% to ₦992.7 billion. Fee and commission income climbed 27% to ₦294.9 billion, propelled by higher transaction volumes across digital and retail channels.
Banking subsidiaries contributed 65% 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% year-on-year growth in PBT to ₦13.1 billion, with ROAE at 48.1% and a PBT margin of 62.5%.
Hydrogen Payments delivered a 273% surge in PBT, processing ₦41.1 trillion in transactions, more than triple the value recorded in H1 2024.
Access Insurance Brokers achieved a 161% 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.
