Access Holdings Plc has reported a profit after tax of N474.2bn for the nine months ended September 30, 2026, representing a 5.9 per cent increase from the corresponding period of 2025.
The financial results, disclosed by the group on Thursday, showed that profit before tax rose by 8.3 per cent to N667.4bn from N616.2bn recorded a year earlier.
Interest income increased by 6.9 per cent to N3.1tn, while net interest income grew by 2.7 per cent to N1.3tn. Impairment charges also declined significantly by 73.5 per cent to N92.9bn, supporting a 32.1 per cent increase in net interest income after impairment to N1.2tn.
Fee and commission income rose by 8.4 per cent to N650.9bn, while net fee and commission income increased by 12.4 per cent to N534.9bn.
However, operating expenses climbed by 11.8 per cent to N1.3tn, while other operating income declined by 40.8 per cent to N234.5bn.
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As of September 30, 2026, total assets stood at N52.6tn, representing a 1.7 per cent increase from the end of 2025. Customer deposits rose by 6.6 per cent to N36.9tn, while loans and advances increased by 7.4 per cent to N14.3tn.
The group said its Scale-to-Value strategy was focused on improving operational efficiency, strengthening risk management and maximising returns from its existing infrastructure.
International operations remained a major contributor to earnings, accounting for 82.2 per cent of the banking group’s profit before tax, while Nigerian operations contributed 17.8 per cent.
Access Holdings also disclosed that capital recalls from six banking subsidiaries were underway to bring Access Bank’s investment-in-subsidiaries ratio within the 10 per cent statutory threshold under the Banks and Other Financial Institutions Act.
Management said completing the process would address regulatory constraints on dividend distributions and improve capital flexibility.
The group said its strategic priorities remained focused on operational efficiency, capital discipline, stronger risk governance and sustainable shareholder returns.
