Access Holdings Plc has posted a strong nine-month result for 2026, recording N474bn profit after tax.
This was disclosed in a statement by the lender on Thursday.
According to the statement, profit before tax increased by 8.3 per cent to N667.4bn, from N616.2bn in 2025, while profit after tax rose by 5.9 per cent to N474.2bn.
Beyond headline figures, interest income rose 6.9 per cent to N3.1tn, net interest income increased 2.7 per cent to N1.3tn and a sharp 73.5 per cent reduction in impairment charges to N92.9bn propelled net interest income after impairment up by 32.1 per cent to N1.2tn.
Fee and commission income grew 8.4 per cent to N650.9bn, driving net fee and commission income up 12.4 per cent to N534.9bn and pushing core operating income to M1.83tn.
However, performance faced pressure as operating expenses rose 11.8 per cent to N1.3 trillion and other operating income fell 40.8 per cent to N234.5bn, resulting in a 3.2 per cent decline in total operating income to N2.06tn.
These pressure points explain why operating efficiency forms the core of the Group’s Scale-to-Value agenda.
