Access Holdings H1 2026 Results: PBT Rises 29.2% to ₦414.1bn

Access Holdings Plc has released its unaudited financial results for the first half of 2026, covering the six months ended 30 June 2026. The Group reported Profit Before Tax of ₦414.1 billion, a 29.2% increase from ₦320.6 billion recorded in H1 2025. Profit After Tax came in at ₦266.7 billion, up 23.5% year-on-year.

Gross earnings reached ₦2.614 trillion, up 4.6%, while net fee and commission income grew 51.1% to ₦360.0 billion. Impairment charges fell sharply by 70.0% to ₦69.0 billion, which the Group identified as a key driver of profit growth.

On the balance sheet, total assets grew 6.8% to ₦55.2 trillion, customer deposits rose 7.9% to ₦37.3 trillion, and loans and advances to customers increased 5.9% to ₦14.1 trillion, all relative to 31 December 2025 figures.

The Cost-to-Income Ratio rose to 65.2% in H1 2026, compared to 51.7% in full-year 2025, attributed to higher personnel expenses. The annualised Return on Average Equity stood at 11.8% post-tax, down from 18.4% in FY 2025.

Access Bank, the flagship subsidiary, accounted for 96.8% of Group PBT, with international and rest-of-Africa operations contributing 79.8% of Banking Group PBT.