Access ARM Pensions Posts Strong Earnings Growth After Merger

Access ARM Pensions recorded significant growth in revenue and profitability in the 2025 financial year, reflecting the impact of its merger between Access Pensions and ARM Pensions.

The company reported gross revenue of N42.4 billion, representing a 50.4 per cent increase from the N28.2 billion posted in 2024.

Profit after tax also rose by 48 per cent to N16.1 billion from N10.9 billion recorded in the previous year.

The pension fund administrator further strengthened its market position as Assets Under Management (AUM) surpassed N4 trillion in 2025, compared to approximately N3 trillion in 2024.

At the company’s Annual General Meeting in Lagos, shareholders approved a dividend of N2 per share following the improved financial performance.

Acting Managing Director and Chief Executive Officer, Abimbola Sulaiman, said the results marked an important milestone for the company as 2025 represented its first complete financial year after the merger.

She explained that the integration process had already begun yielding operational efficiencies and stronger business performance across key areas.

According to her, the company recorded substantial gains in customer acquisition and asset growth while also improving cost efficiency through operational synergies created by the merger.

“The business is strong, the brand is strong, and we are recording strong double-digit growth that is ahead of the wider industry trend,” Sulaiman said.

She noted that mergers typically require several years before their full benefits become visible, expressing optimism that the company would continue to deliver stronger results as integration efforts mature.

Sulaiman also said the company remained confident of meeting the new regulatory minimum capital requirements without raising additional external capital.

She stated that the declaration of dividends despite ongoing compliance efforts demonstrated the company’s financial resilience and long-term confidence.

“We will meet the requirement before the deadline and without diluting existing shareholders,” she added.

Shareholders at the meeting welcomed the company’s performance, describing it as evidence that the merger was already delivering value.

One of the shareholders, Obinna Anyanwu, said investors were encouraged by the company’s growth trajectory and the confidence shown by management.

“We are beginning to see the benefits of the merger reflected in the company’s results, and we believe the business will continue to improve in the years ahead,” he said.

He also commended the management team for maintaining strong leadership during the integration process and positioning the company for future expansion.

Leave a Reply