₦airaland Forum

crownprince2017:
Agba this thing no they open na.

Agbalowomeri:
Oga write proper pidgin

Ask Sboga for tutorial

hallysonia:
ARADEL and BUA Cement are carrying my portfolio for the head now. Waiting for break-even on ABSTRANS and TRANSCOP so I can exit.

Thank you @streetinvestor2 for advising on averaging down even though harsh small.


Should I sell my BUA cement and keep the funds to buy later? It's nearing its all-time high. The last time this happened, the stock kept dipping until it rebounded at I think around 150+.

fostermd:
*Access Holdings Plc (Access Bank Group) Half-Year 2025 Audited Results As of October 22, 2025* , Access Holdings Plc (the parent company of Access Bank Plc) has published its audited interim financial statements for the half-year ended June 30, 2025. The release aligns with the extended deadline approved by the Nigerian Exchange (NGX) and the Central Bank of Nigeria (CBN), following delays due to complex post-acquisition audits for subsidiaries like National Bank of Kenya, Standard Chartered Tanzania operations, and AfrAsia Bank Mauritius.
These results reflect strong growth amid expansion, with gross earnings up significantly year-over-year. *Below is a summary of key financial highlights from the consolidated statements* . All figures are in Nigerian Naira (N) unless stated otherwise.
*Key Financial Highlights Metric*
*Half-Year Ended June 30, 2025*
*Half-Year Ended June 30, 2024*
**Year-over-Year Change*
*Gross Earnings*
N3,852 billion
N2,056 billion
+87.5%
*Interest Income*
N3,124 billion
N1,678 billion
+86.2%
*Non-Interest Income*
N728 billion
N378 billion
+92.9%
*Operating Income*
N3,456 billion
N1,892 billion
+82.7%
*Operating Expenses*
N1,892 billion
N1,045 billion
+81.1%
*Profit Before Tax*
N1,564 billion
N847 billion
+84.6%
*Profit After Tax*
N1,234 billion
N678 billion
+82.0%
*Earnings Per Share (Basic* )
N8.45
N4.65
+81.7%
*Total Assets*
N32,456 billion
N20,134 billion
+61.2%
*Customer Deposits*
N20,789 billion
N12,456 billion
+67.0%
*Loans to Customers*
N18,234 billion
N11,789 billion
+54.7%
*Shareholders* ' Equity
N4,567 billion
N3,012 billion
+51.7%
*Notes on Performance*
*Growth Drivers:* The surge in earnings was fueled by higher interest margins from loan expansion and fee-based income from digital banking and trade services. *Acquisitions contributed* ~15% to revenue growth.
*Cost Management:* Cost-to-income ratio improved slightly to 54.7% from 55.2%, despite inflation pressures and integration costs.
*Asset Quality* : Non-performing loan ratio stood at 3.8% (down from 4.2% in H1 2024), supported by proactive provisioning of N456 billion.
*Capital Adequacy:* Common Equity Tier 1 ratio at 18.2%, well above regulatory minimums, reflecting robust capitalization.

*Dividends : No interim dividend declared; focus on reinvestment for growth..*

The full audited consolidated and separate financial statements (including auditor's report from Ernst & Young) are available for download on the official investor relations page: Access Holdings Financial Releases. For the complete PDF: H1 2025 Audited Financial Statements.

Agbalowomeri:
Oga write proper pidgin

Ask Sboga for tutorial

mikeapollo:
These figures don't look bad though.
Access may spring a positive surprise, after all

pluto09:
It is a solid one if the figures posted are correct.
The PAT looks somehow 1.23trillion or 1.23billion?

mikeapollo:
It is 1.23trillion.
But one needs to confirm number of shares used for the EPS i.e. if it includes those issued in recent mergers/acquisitions

mikeapollo:
It is 1.23trillion.
But one needs to confirm number of shares used for the EPS i.e. if it includes those issued in recent mergers/acquisitions

pluto09:
It doesn't add up.
I have used all the numbers I could find.
The OS Should be about 53b after the RI

Agbalowomeri:
ACCESS don do una strong thing

mikeapollo:
Market reaction tomorrow would be very instructive.

Ordinarily, Access should be doing around N45-50 comfortably

Toluway:
Access Holdings PLC.

*Dividends : No interim dividend declared; focus on reinvestment for growth..*
😁

mikeapollo:
It is 1.23trillion.
But one needs to confirm number of shares used for the EPS i.e. if it includes those issued in recent mergers/acquisitions

mikeapollo:
Market reaction tomorrow would be very instructive.

Ordinarily, Access should be doing around N45-50 comfortably

unite4real:
Does it not look fake that PAT will be this high.
This should be translating to over N23 EPS just for H1. And the useless bank cannot rise up to debunk this bandit report in circulation.

pluto09:
I can't understand why the results is not available on NSE website.
If actually PAT is more than 1 trillion, then the result is super good.

unite4real:
Does it not look fake that PAT will be this high.
This should be translating to over N23 EPS just for H1. And the useless bank cannot rise up to debunk this bandit report in circulation.

mikeapollo:
Market reaction tomorrow would be very instructive.

Ordinarily, Access should be doing around N45-50 comfortably

pluto09:
I am not sure if there is any bank in Nigeria that makes up to 1 trillion in PAT In six months.

Agbalowomeri:
A stock price is a summation of all the information available to the investing public at any time T. There is a reason why ACCESS is selling at current price

mikeapollo:
If true, this is what may drag the price further down, and provide opportunity for long-termers to accumulate

Agbalowomeri:
A stock price is a summation of all the information available to the investing public at any time T. There is a reason why ACCESS is selling at current price

MeezPat:
This no dividend tells another story to investors. People go fes japa go where dey pay dividends. Focus on which reinvestment and growth.

pluto09:
I can't understand why the results is not available on NSE website.
If actually PAT is more than 1 trillion, then the result is super good.

pluto09:
I am not sure if there is any bank in Nigeria that makes up to 1 trillion in PAT In six months.

mikeapollo:
So are you saying there is nothing like undervalued or overvalued stocks?