Access Holdings Income Statement

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

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	3,133,691	3,273,511	3,108,148	1,564,281	769,960	519,417
Interest Income on Investments	327,003	272,824	372,327	90,067	57,506	82,234
Total Interest Income	3,460,694	3,546,335	3,480,475	1,654,348	827,466	601,651
Interest Paid on Deposits	1,985,147	2,189,444	2,212,447	958,988	467,834	300,243
Net Interest Income	1,475,547	1,356,891	1,268,028	695,360	359,632	301,408
Net Interest Income Growth (YoY)	21.69%	7.01%	82.36%	93.35%	19.32%	14.63%
Gain (Loss) on Sale of Assets	8,006	7,300	6,228	371	727	107
Gain (Loss) on Sale of Investments	-	-	326,187	-	-	-
Other Non-Interest Income	1,875,798	1,804,568	949,613	869,107	506,725	326,333
Total Non-Interest Income	1,883,804	1,811,868	1,282,028	869,566	507,452	326,440
Non-Interest Income Growth (YoY)	32.14%	41.33%	47.43%	71.36%	55.45%	29.35%
Revenues Before Loan Losses	3,359,351	3,168,759	2,550,056	1,564,926	867,084	627,848
Provision for Loan Losses	575,590	523,550	245,319	139,528	197,790	83,214
Revenue	2,783,761	2,645,209	2,304,737	1,425,398	669,294	544,634
Revenue Growth (YoY)	16.29%	14.77%	61.69%	112.97%	22.89%	20.38%
Salaries and Employee Benefits	506,205	483,936	378,624	166,190	114,750	94,891
Occupancy Expenses	104,705	101,562	80,533	45,459	30,584	29,139
Amortization of Goodwill & Intangibles	32,924	31,529	31,707	18,804	13,839	12,974
Selling, General & Administrative	37,518	33,304	14,784	10,959	7,943	5,518
Other Non-Interest Expense	1,046,851	988,747	946,756	456,119	335,243	228,418
Total Non-Interest Expense	1,728,203	1,639,078	1,451,080	696,617	501,846	370,847
EBT Excluding Unusual Items	1,055,558	1,006,131	853,657	728,781	167,448	173,787
Asset Writedown	-	-	4,941	220	-	-
Other Unusual Items	990	990	8,423	-	232	2,793
Pretax Income	1,056,548	1,007,121	867,021	729,001	167,680	176,580
Income Tax Expense	279,720	264,076	224,802	109,677	14,778	16,485
Earnings From Continuing Operations	776,828	743,045	642,219	619,324	152,902	160,095
Earnings From Discontinued Operations	-	-	-	-	-700	120
Minority Interest in Earnings	-30,956	-24,300	-23,580	-6,831	888	-1,888
Net Income	745,872	718,745	618,639	612,493	153,090	158,327
Net Income to Common	745,872	718,745	618,639	612,493	153,090	158,327
Net Income Growth	17.01%	16.18%	1.00%	300.09%	-3.31%	51.24%
Basic Shares Outstanding	52,954	53,318	37,026	35,545	34,288	34,568
Diluted Shares Outstanding	52,954	53,318	37,026	35,545	35,545	35,545
Shares Change (YoY)	1.48%	44.00%	4.17%	-	-	-0.00%
EPS (Basic)	14.09	13.48	16.71	17.23	4.46	4.58
EPS (Diluted)	14.09	13.48	16.71	17.23	4.31	4.45
EPS Growth	15.31%	-19.32%	-3.03%	300.05%	-3.29%	50.96%
Dividend Per Share	-	-	2.500	2.100	1.500	1.000
Dividend Growth	-	-	19.05%	40.00%	50.00%	25.00%
Effective Tax Rate	26.47%	26.22%	25.93%	15.04%	8.81%	9.34%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.