Access Holdings Reports N667.4bn Profit for Nine Months

Access Holdings Plc (NGX: ACCESSCORP) announced a profit before tax of N667.36 billion for the nine months ended September 2026, marking an 8.29 percent increase from N616.25 billion in the same period of 2025. The third-quarter results revealed a significant rebound, with profit before tax rising 78.43 percent to N253.23 billion from N141.92 billion in Q2 2026, although this figure was 14.35 percent lower than the N295.68 billion recorded in Q3 2025.

The financial results, published on November 2, 2026, included both half-year and nine-month performance due to a delay in releasing H1 results pending regulatory approvals from the Central Bank of Nigeria. Profit after tax for the nine-month period increased by 5.95 percent to N474.17 billion from N447.55 billion.

A key factor in the earnings was a 73.45 percent reduction in impairment charges, which fell to N92.91 billion from N349.99 billion in the same period of 2025. Interest income rose 6.91 percent to N3.10 trillion, while interest expense increased 10.09 percent to N1.81 trillion, resulting in a modest net interest income growth of 2.74 percent to N1.29 trillion.