Access Holdings: An underperforming Giant in Nigeria’s Banking Sector

Access Holdings Plc (ACCESSCORP) has had a tough year, with its share price dropping 14.1% from 23.85 NGN at the start of 2025 to 20.50 NGN as of December 19, 2025. This underperformance ranks it 134th on the Nigerian Stock Exchange (NGX) in terms of year-to-date performance.
Recent Performance:
- 1-Week Change: +1.99%
- 4-Week Change: -17.3%
- 3-Month Change: -10.1%
- 1-Year Change: -15.1%
- Year-to-Date Change: -14.1%
Compared to peers, Access Holdings lags:
- GTCO: +54.6% YTD, 88.10 NGN
- Zenith Bank: +39.1% YTD, 63.30 NGN
- First HoldCo: +60.3% YTD, 44.95 NGN
- UBA: +17.7% YTD, 40.00 NGN
Access Holdings stock price has been going down, with a year-to-date change of -14.1%, and investors seem worried about the bank’s big acquisitions and whether they’ll pay off. This concern is reflected in the bank’s stock price volatility, which is more pronounced than its peers. As a result, Access Holdings’ market performance is lagging behind other top banks in Nigeria.
In comparison to its peers, Access Holdings is struggling. GTCO’s stock price is up 54.6% this year, Zenith Bank’s is up 39.1%, First HoldCo’s is up 60.3%, and UBA’s is up 17.7%, while Access Holdings is down 14.1%. It’s like Access Holdings is a strong athlete that’s not quite living up to expectations. So, the question is, what can the bank do to turn things around and impress investors again?



