Access Holdings Reports Strong Q1 2025 Performance Driven by Interest Income Growth

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2025-05-02 13:16:02

Nigeria’s largest bank, Access Holdings, posted a profit after tax of N182.8 billion in Q1 2025, up from N159.3 billion in the same period last year. The 58.6% surge in interest income and robust non-interest revenue fueled the gains, though fair value losses on financial instruments led to a N39.6 billion comprehensive loss.

Net fee and commission income jumped to N146.2 billion, underscoring the bank’s diversified revenue streams. The results highlight the resilience of Nigeria’s banking sector despite macroeconomic volatility.

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