News
Access Holdings’ revenue rises to N667 billion regardless of rising prices, funding strain
Access Holdings Plc recorded a pre-tax revenue of N667.36 billion for the 9 months ended September 30, 2026, representing an 8.29 per cent improve over the N616.25 billion posted within the corresponding interval of 2025.
The monetary providers group additionally reported a 5.95 per cent rise in revenue after tax to N474.17 billion, in contrast with N447.55 billion a yr earlier, whereas fundamental earnings per share edged up marginally from N8.00 to N8.02.
The outcomes, overlaying the primary half and 9 months of the yr, have been launched collectively on November 2, following delays in publishing the half-year figures pending regulatory approvals from the Central Bank of Nigeria.
Third-quarter pre-tax revenue stood at N253.23 billion, whereas revenue after tax reached N207.45 billion, reflecting a major restoration from the previous quarter.
An evaluation by Proshare Research recognized the 73.45 per cent discount in impairment expenses, from N349.99 billion to N92.91 billion, as a significant factor supporting the advance in nine-month profitability.
The decline represented a N257.08 billion discount in credit score impairment bills, serving to to raise internet curiosity revenue after impairment by 32.1 per cent to roughly N1.20 trillion.
The figures recommend that the group’s improved revenue was supported considerably by decrease credit-loss expenses and stronger charge revenue, fairly than a broad-based acceleration in its core curiosity earnings.
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