With its nine-month results for the period ending September 30, 2025, Access Holdings PLC reported gross earnings of N3.9 trillion, up 14.1% year over year from N3.4 trillion in Q3 2024. From N558 billion in Q3 2024 to N616 billion in Q3 2025, profit before tax (PBT) grew by 10.4%. In Q3 2025, profit after taxes decreased from N458 billion in Q3 2024 to N447 billion. Profitability showed resiliency in comparison to H1 2025 performance, as profit before tax (PBT) rose by 91.9% from N321 billion in H1 2025 YTD to N616 billion in Q3 2025. Additionally, profit after tax (PAT) improved during the time, rising 107.9% from N215 billion as of H1 2025 YTD to N447 billion in Q3 2025.The strength of the Group’s diversified earnings base and improved performance from core operations across its banking and non-banking businesses are reflected in the performance, which was driven by sustained growth in interest, fees, and commission, according to a statement signed by Sunday Ekwochi, its company secretary. Keeping up the momentum, gross earnings increased from N2.5 trillion at Half Year (H1) 2025 by 56.2% on a quarterly basis. In Q3 2025, interest income was N2.9 trillion, up 21.1% year over year from N2.4 trillion in Q3 2024. During the same time period, net interest income rose from N845 billion to N1.3 trillion, a 48.9% rise. The growth of our loan book, which reflected our methodical approach to risk management and our strategic focus on higher-yielding, high-quality assets to boost portfolio returns, was the primary driver of this achievement.Interest income and net interest income increased by 42.1% and 27.8%, respectively, from N2.0 trillion and N984 billion in H1 2025 to the current quarter. Due to increasing transaction volumes and more customer activity across digital and payment channels throughout both periods, net fee and commission climbed by 44.3% from N330 billion in Q3 2024 to N476 billion in Q3 2025. Additionally, net fee and commission income grew by 100.8% on a quarterly basis, up from N237 billion in H1 2025. Despite a little 8.1% drop in total non-interest income from N984 trillion in Q3 2024 to N872 billion in Q3 2025, the Group’s core business growth momentum keeps the overall earnings trajectory stable.From N1.8 trillion in Q3 2024 to N2.13 trillion in Q3 2025, operating income increased 18.8%. Loan impairment rose from N145 billion in Q3 2024 to N350 billion in Q3 2025, a 141.5% rise. From N1.1 trillion in Q3 2024 to N1.2 trillion in Q3 2025, operating expenses grew by a slight 6.7%. The cost-to-income ratio (CIR) increased from 60.8% in Q3 2024 to 54.6% in Q3 2025 as a result of revenue growth exceeding operational bills. We anticipate that continued cost-cutting efforts, cost-optimization strategies, and increased Group revenue will keep the cost-to-income ratio modest. The holding firm promised to improve operational resilience, build enduring value for all of our stakeholders, and keep bolstering our franchise across all of our markets and companies.
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