Access Holdings Announces No Dividend for 2025 Despite Growth

Access Holdings Plc (NGX: ACCESSCORP) has announced that it will not be paying dividends for the financial year ending December 31, 2025, despite reporting robust earnings growth. During the group's full-year 2025 investor earnings call, management addressed shareholder concerns regarding the absence of a dividend declaration.

Innoc C. Ik, the Group Managing Director and Chief Executive Officer, stated that the decision is not performance-driven but reflects a prudent regulatory alignment concerning dividend payments. Access Holdings reported a gross earnings increase of 13.3% to ₦5.53 trillion, with net interest income rising by 40.9% and profit before tax increasing by 16.2% to ₦1.01 trillion.

The total assets expanded by 24.2% to ₦51.56 trillion, showcasing the group's capacity to generate sustainable shareholder returns. The cost-to-income ratio improved significantly from 56.7% to 51.7%, driven by disciplined cost management.

The capital adequacy ratio at the company level stood at 20.2% at the end of the year.