Access Holdings Reports ₦1.38tn Revenue, ₦183bn Profit in Q1 2025

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Access Holdings Plc has delivered a strong performance in the first quarter of 2025, recording impressive growth across key financial indicators despite ongoing macroeconomic challenges.

According to its unaudited financial statement for the three months ended March 31, 2025, the group posted gross earnings of ₦1.382 trillion, a 41.89% increase from the ₦974.24 billion recorded in the same period of 2024. The revenue growth was primarily driven by an increase in interest income, improved transaction volumes, and expanded customer engagement across its banking and non-banking subsidiaries.

Profit after tax stood at ₦182.75 billion, marking a 14.73% year-on-year rise from ₦159.29 billion in Q1 2024. The double-digit growth in profitability reflects improved asset quality, robust risk management, and strong performance in both domestic and regional operations.

Earnings per share (EPS) climbed to ₦4.88, reinforcing Access Holdings’ capacity to deliver value to its shareholders. At a share price of ₦22.50, the company’s price-to-earnings (P/E) ratio stands at a competitive 4.61x, with an earnings yield of 21.69%, making the stock one of the more attractive options in the Nigerian equities market.

Access Holdings’ strong first-quarter results affirm its position as one of Nigeria’s top-tier financial groups, supported by strategic investments in digital infrastructure, regional expansion, and diversified revenue sources. Analysts note that with continued momentum, the group is well-placed to surpass its 2024 performance and deliver long-term shareholder value.

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