Nigeria’s Top Bank Access Holdings Posts 23% Drop in Half-Year Profit

Access Holdings, the parent of Nigeria’s biggest lender by assets Access Bank, reported a profit after tax of N215.92 billion in the first half of the year, down from N281.33 billion in the same period of 2024.

Its net interest income, the biggest source of revenue, increased by 91.8% year-on-year to N984.6 billion in H1 2025, according to its latest earnings report.

The holding company said on Friday that the results reflected the resilience of our business model, the diversification of our revenue streams, and the steady progress to the execution of our five-year strategic plan.

“Our focus remains on driving prudent growth and continued execution of our strategic priorities, scaling our digital and transaction-led income streams, increasing revenue diversification, embedding efficiency, innovation, and disciplined portfolio management across all areas of the business. We will also continue to uphold the highest standards of risk and governance discipline to ensure sustainable profitability,” it said.