Access Holdings Announces No Dividend for 2025 Despite Growth

Access Holdings Plc 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.