Access Holdings Income Statement

Financials in millions NGN. Fiscal year is January - December.

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Interest Income on Loans	3,697,319	3,108,148	1,564,281	769,960	519,417	425,666
Interest Income on Investments	289,436	372,327	90,067	57,506	82,234	63,551
Total Interest Income	3,986,755	3,480,475	1,654,348	827,466	601,651	489,217
Interest Paid on Deposits	2,305,629	2,212,447	958,988	467,834	300,243	226,267
Net Interest Income	1,681,126	1,268,028	695,360	359,632	301,408	262,950
Net Interest Income Growth (YoY)	46.15%	82.36%	93.35%	19.32%	14.63%	-5.15%
Gain (Loss) on Sale of Assets	11,398	6,228	371	727	107	2,027
Other Non-Interest Income	1,196,794	1,275,800	869,107	506,725	326,333	250,346
Total Non-Interest Income	1,209,305	1,283,141	869,566	507,452	326,440	252,374
Non-Interest Income Growth (YoY)	-9.01%	47.56%	71.36%	55.45%	29.35%	125.88%
Revenues Before Loan Losses	2,890,431	2,551,169	1,564,926	867,084	627,848	515,324
Provision for Loan Losses	450,355	245,319	139,528	197,790	83,214	62,893
Revenue	2,440,076	2,305,850	1,425,398	669,294	544,634	452,431
Revenue Growth (YoY)	8.13%	61.77%	112.97%	22.89%	20.38%	22.69%
Salaries and Employee Benefits	456,297	378,624	166,190	114,750	94,891	72,120
Occupancy Expenses	97,116	80,533	45,459	30,584	29,139	27,358
Amortization of Goodwill & Intangibles	32,024	31,707	18,804	13,839	12,974	9,913
Selling, General & Administrative	49,483	35,129	30,759	7,943	5,518	3,385
Other Non-Interest Expense	890,475	926,411	436,319	335,243	228,418	213,475
Total Non-Interest Expense	1,523,985	1,451,082	696,617	501,846	370,847	326,251
EBT Excluding Unusual Items	916,091	854,768	728,781	167,448	173,787	126,180
Asset Writedown	4,941	4,941	220	-	-	-257.57
Other Unusual Items	4,057	7,310	-	232	2,793	-
Pretax Income	925,089	867,019	729,001	167,680	176,580	125,922
Income Tax Expense	293,070	224,802	109,677	14,778	16,485	19,912
Earnings From Continuing Operations	632,019	642,217	619,324	152,902	160,095	106,010
Earnings From Discontinued Operations	-	-	-	-700	120	-
Minority Interest in Earnings	-27,309	-23,580	-6,831	888	-1,888	-1,327
Net Income	604,710	618,637	612,493	153,090	158,327	104,683
Preferred Dividends & Other Adjustments	-	-	-	-	-	-0
Net Income to Common	604,710	618,637	612,493	153,090	158,327	104,683
Net Income Growth	-25.07%	1.00%	300.09%	-3.31%	51.24%	12.50%
Basic Shares Outstanding	50,356	37,026	35,545	34,288	34,568	34,816
Diluted Shares Outstanding	50,356	37,026	35,545	35,545	35,545	35,545
Shares Change (YoY)	41.67%	4.17%	-	-	-0.00%	4.88%
EPS (Basic)	12.01	16.71	17.23	4.46	4.58	3.01
EPS (Diluted)	12.00	16.71	17.23	4.31	4.45	2.95
EPS Growth	-47.13%	-3.03%	300.05%	-3.29%	50.96%	7.27%
Dividend Per Share	2.050	2.500	2.100	1.500	1.000	0.800
Dividend Growth	-8.89%	19.05%	40.00%	50.00%	25.00%	23.08%
Effective Tax Rate	31.68%	25.93%	15.04%	8.81%	9.34%	15.81%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.