Access Holdings Plc announced that its profit before tax (PBT) rose 8.3 % to N667.4 billion for the nine months ended 30 September 2026, up from N616.2 billion in the same period last year.
The group’s profit after tax also climbed 5.9 % to N474.2 billion, compared with N447.5 billion a year earlier. A key driver was a 73.5 % cut in impairment charges, which fell from N350 billion to N92.9 billion.
Net interest income after impairment increased 32.1 % to about N1.2 trillion. Interest income rose 6.9 % to N3.1 trillion while interest expenses grew 10.1 % to N1.8 trillion, giving net interest income a 2.7 % rise to N1.3 trillion.
Fee and commission income was up 8.4 % at N650.9 billion, and related expenses fell 6.9 % to N115.9 billion, boosting net fee and commission income by 12.4 % to N534.9 billion. Core operating income grew 5.4 % to N1.83 trillion, but operating expenses rose 11.8 % to N1.3 trillion and other income fell 40.8 % to N234.5 billion, resulting in a 3.2 % decline in total operating income to
<small>Source: The Sun Nigeria — read the original story there.</small>
