Access Holdings Plc

NGSE:ACCESSCORP Stock Report

Market Cap: ₦1.4t

Access Holdings Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Innocent Ike

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenureless than a year
CEO ownershipn/a
Management average tenureless than a year
Board average tenure4.3yrs

Recent management updates

Recent updates

Narrative Update • May 07

Access Reports Strong FY 2025 Earnings Growth Supported by Trading Gains and Balance Sheet Expansion Amid Rising Impairments and Cost Pressu

Executive Summary Analyst: Qudus Adebara (Research Analyst, DLM Securities) Access Holdings Plc delivered a solid financial performance for the year ended December 31, 2025, driven by strong growth in non-interest income, particularly trading gains, and significant expansion in its balance sheet. Profit Before Tax (PBT) increased by 16% YoY to ₦1.01 trillion, while Profit After Tax (PAT) rose by 16% YoY to ₦743.0 billion.
Narrative Update • May 05

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

ACCESS HOLDINGS PLC Q3 Result – Sustained Earnings Growth Anchored by Strong Interest Income and Balance Sheet Expansion Amid Macroeconomic Pressures Executive Summary Analyst: Qudus Adebara Access Holdings Plc (“Access Holdings” or “the Group”) delivered a resilient financial performance for the nine-month period ended September 30, 2025, characterized by solid revenue growth, strengthened balance sheet, and sustained earnings momentum from core banking and non-banking operations across its diversified African footprint. Gross earnings increased by 14.1% YoY to ₦3.9 trillion , driven primarily by robust interest income growth (+21.1% YoY) and a strong 44.3% rise in net fees and commissions , reflecting expanding customer activity and higher transaction volumes across digital and payment channels.
Narrative Update • Feb 11

Access Holdings Plc – Strategic Acquisition Update (Proposed 100% Acquisition of Bidvest Bank, South Africa)

Author: Qudus Adebara Transaction Overview Access Holdings Plc has announced that the long-stop date for its proposed acquisition of 100% equity stake in Bidvest Bank (South Africa) by its flagship subsidiary, Access Bank Plc , has expired without completion. Target: Bidvest Bank (South Africa) Proposed Stake: 100% Announcement Date: December 12, 2024 Long-Stop Date: January 26, 2026 Status: Transaction not completed due to unmet conditions (including regulatory approvals) The transaction, which had been progressing through multi-jurisdictional regulatory processes, did not meet all conditions precedent within the stipulated timeline.
Narrative Update • Dec 21

Access Holdings Plc Secures Shareholder Approval for N40 Billion Private Placement to Strengthen Capital Base

Key Highlights Offer Size: Up to N40 billion (or foreign currency equivalent) Offer Structure: Private placement of newly created ordinary shares Offer Price: N20.25 per share (or as determined by the board) New Shares to be Issued: 1.98 billion ordinary shares of 50 kobo each Post-Transaction Share Capital: Increase from N26.66 billion to N27.65 billion Post-Transaction Total Issued Shares: From ~53.32 billion to ~55.29 billion Approval Date: December 18, 2025 Regulatory Approvals Required: CBN, SEC, NGX Overview Access Holdings Plc, a leading financial holding company in Nigeria, has received shareholder approval to raise up to N40 billion through a private placement. The approval, granted at a virtual Extraordinary General Meeting (EGM) on December 18, 2025, empowers the board to execute the capital raise, restructure share capital, and engage selected strategic or institutional investors.
Narrative Update • Nov 02

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.
Narrative Update • Oct 25

Access Holdings Plc – H1 2025 Audited Financial Results - Solid Earnings Momentum Amid Cost and FX Pressures

Wane_Investment_House made no meaningful changes to valuation assumptions.

CEO

Innocent Ike

less than a year
Tenure

Mr. Innocent Chukwunweike Ike has been the Chief Executive Officer and Group Managing Director of Access Holdings Plc since August 29, 2025. He was an Executive Director at Polaris Bank Limited and was its...

Leadership Team

NamePositionTenureCompensationOwnership
Innocent Ike
CEO, Group MD & Directorless than a yearno datano data
Emeka Ogbechie
Group Chief Financial Officerless than a yearno datano data
Iyabo Soji-Okusanya
Group Head of Corporate and Investment Banking & GMno datano datano data
Robert Imowo
Group Head of Corporate Counsel & Assistant GMno datano datano data
Amaechi Okobi
Chief Brand & Communications Officerno datano datano data
Bolaji Agbede
Executive Director & Executive Director of Business Supportless than a yearno data0.16%
NGN 2.2b
Olayinka Tiamiyu
Chief Audit Executive & GMno datano datano data
Lookman Martins
Group Head of Commercial Banking Division - West & GMno datano datano data
Arinze Okeke
Group Head of Commercial Banking Division South & GMno datano datano data
Abraham Aziegbe
Group Head of Retail Operations & GMno datano datano data
Neka Adogu
Group Head of Private Banking & Deputy GMno datano datano data
Victor Okafor
Group Head of Financial Institutions & Deputy GMno datano datano data
0.8yrs
Average Tenure
56yo
Average Age

Experienced Management: ACCESSCORP's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Innocent Ike
CEO, Group MD & Directorno datano datano data
Bolaji Agbede
Executive Director & Executive Director of Business Support4.3yrsno data0.16%
NGN 2.2b
Olanrewaju Bamisebi
Executive Director of IT & Digitalization and Executive Director3.8yrsno data0.054%
NGN 737.1m
Aigboje Aig-Imoukhuede
Non-Executive Chairman2.2yrsno data0.34%
NGN 4.6b
Ojinika Olaghere
Non-Executive Director4.3yrsno data0.046%
NGN 633.4m
Roosevelt Michael Ogbonna
Non-Executive Director4.3yrsno data0.32%
NGN 4.4b
Olusegun Ogbonnewo
Non-Executive Director4.3yrsno data0.022%
NGN 303.5m
Abubakar Jimoh
Independent Non-Executive Director4.3yrsno datano data
Fatimah Bello-Ismail
Independent Non-Executive Director4.3yrsno datano data
Ibironke Adeyemi
Independent Non-Executive Director1yrno datano data
4.3yrs
Average Tenure
58yo
Average Age

Experienced Board: ACCESSCORP's board of directors are considered experienced (4.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/15 04:18
End of Day Share Price 2026/05/15 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Access Holdings Plc is covered by 10 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Timothy WambuAbsa Bank Limited
null nullARM Research
Jaap MeijerArqaam Capital Research Offshore S.A.L.