Access Holdings Reports N667bn Pre-Tax Profit Growth

Access Holdings Plc (NGX: ACCESSCORP) recorded a pre-tax profit of N667.36 billion for the nine months ended September 2026, marking an 8.29% increase from N616.25 billion in the same period of 2025. The financial services group attributed this growth to a significant 73.45% reduction in impairment charges, which fell to N92.91 billion from N349.99 billion in 2025, translating into N257.08 billion in savings.

The results were filed with the Nigerian Exchange Limited on November 2, 2026. Quarter-on-quarter, pre-tax profit surged 78.43% to N253.23 billion from N141.92 billion in Q2, although it represented a 14.35% decline compared to N295.68 billion in Q3 2025.

Profit after tax increased sharply by 313.41% quarter-on-quarter to N207.45 billion, despite being 10.44% lower than the N231.63 billion recorded a year earlier. Non-interest income also grew, with fee and commission income rising 8.40% to N650.87 billion.

Operating expenses increased by 20.51% to N432.12 billion.