ACCESS HOLDINGS PLC Q3 Result – Sustained Earnings Growth Anchored by Strong Interest Income and Balance Sheet Expansion

Wane_Investment_House made no meaningful changes to valuation assumptions.

Wane_Investment_House made no meaningful changes to valuation assumptions.

Subject: Access Holdings Plc Poised for Re-Rating as Analysts See Over 60% Upside Potential Access Holdings Plc is attracting renewed attention from equity analysts, who believe the stock is significantly undervalued relative to its Tier-1 banking peers, with upside potential ranging between 44% and 63%. Key Points Driving Analyst Optimism: Valuation Gap: Despite its evolution into a diversified financial services group, Access Holdings is still priced like a traditional bank, with a market capitalization of approximately N1.2 trillion.

WaneInvestmentHouse has increased revenue growth from 19.1% to 27.5%.

WaneInvestmentHouse has decreased revenue growth from 32.8% to 19.1%.