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Access Holdings Reports 8.3% Profit Growth in 2026

This Day·
Access Holdings Reports 8.3% Profit Growth in 2026

Access Holdings Plc (NGX: ACCESSCORP) released its unaudited financial results for the nine months ending September 30, 2026. The results indicate a profit before tax of N667.4 billion, an increase of 8.3% from N616.2 billion in the same period of 2025.

Profit after tax rose by 5.9% to N474.2 billion, compared to N447.5 billion a year earlier. Interest income increased by 6.9% to N3.1 trillion, while interest expense rose by 10.1% to N1.8 trillion, resulting in a net interest income increase of 2.7% to N1.3 trillion.

Notably, impairment charges decreased by 73.5%, from N350.0 billion in 2025 to N92.9 billion, leading to a significant 32.1% increase in net interest income after impairment to approximately N1.2 trillion. Fee and commission income also grew by 8.4% to N650.9 billion.

However, operating expenses increased by 11.8% to N1.3 trillion, and total other operating income declined by 40.8% to N234.5 billion, resulting in a 3.2% decline in total operating income.

Plus234Feed summary based on reporting from This Day.

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