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Investor Jitters Mount as Access Holdings’ H1 Financial Report Delay Weighs on Stock Performance

Access Holdings Stock leathergic profile prompted by its miserable profit engine has always generated deep concerns among its stakeholders in the past few years . Despite its asset and revenue size advantage over other banks , its stock price could not gain the expected momentum that reflects the investors’ confidence because of its poor profit engine.

But Access Holdings’ situation appears to getting worse . As if that were not enough a battle to fight, the current uncertainty surrounding the delay in publishing its interim audited financial statements for the half-year ended June 30, 2025 has allegedly damaged the brand image further as investors are still uncertain of the reason why a bank with a backlog forbearance is yet to be mandated by the regulatory authorities to release its half results for the ongoing financial year.

. Although the company announced it would release the report on October 22, 2025, pending Central Bank of Nigeria (CBN) approval, this appeared too cold for comfort. The delay has continued to generate a heated controversy over the rationale behind it when others banks are now about to release their third quarter results. Has CBN detected anything unethical in its books ? This is one of many questions no one can answer in affirmative.

The only thing that could be confirmed is that the bank’s stock is not performing to the expectation of its status and the delay by the CBN in given the bank a go-ahead to publish the account for the public to see is the immediate cause behind the stock leathergic profile

Access Holdings’ stock has experienced a mixed performance, with a current price of ₦25.75 as of October 15, 2025, reflecting a slight decline of 0.58% in the past 24 hours and a 1.72% drop in the last week. Over the past month, the stock has decreased by 3.38%.

Although , it has shown significant resilience with a substantial gain of 30.71% over the past year , a year-to-date (YTD) increase of 7.97% while the stock’s 52-week range is ₦19.60 to ₦28.95, fluctuating within a day’s range of ₦25.70 to ₦26.00, Access Holdings is not living up to the investors expectation as the biggest bank in Nigeria

Access began the year with a share price of 23.85 NGN and has since gained merely 7.97% on that price valuation, ranking it 106th on the NGX in terms of year-to-date performance.

Access Holdings Stock Performance
Timeframe Change
24 hours -0.58%
1 week -1.72%
1 month -3.38%
1 year +30.71%
Year-to-date (YTD) +7.97%
Key Metrics
Metric Value
Current Price ₦25.75
Previous Close ₦25.90
52-week Range ₦19.60 – ₦28.95
Day’s Range ₦25.70 – ₦26.00

Relative to smaller banks and its peers , Access Holdings performance has continued to generate deep-seated concerns among the stakeholders with its stock leathergic status in absolute terms and returns delivered to its investors. .Stanbic IBTC’s recent stock price status has drummed up its capability to rewrite the rules in Nigeria’s financial sector and helped it to sustain and reassert its forefront position in market more conveniently than ever . The stock gained 99.7% in 2025, closing at N115.00 per share on October 13, 2025.

The stock has shown remarkable growth over various periods: +5.02% in the last week, +17.4% over four weeks, +27.1% in three months, and +85.5% in six months. With a profit after tax growing at a compound annual growth rate of 29% over the past five years, Stanbic IBTC’s momentum shows no signs of slowing down. As of October 14, 2025, the stock’s current price is ₦109.00, reflecting a price-to-earnings ratio of 5.61 and a market capitalization of ₦1.73 trillion (based on 15.9 billion outstanding shares).

The current share price of Zenith Bank Plc (ZENITHBANK) is NGN 68.10. ZENITHBANK closed its last trading day (Wednesday, October 15, 2025) at 68.10 NGN per share on the Nigerian Stock Exchange (NGX), recording a 0.1% gain over its previous closing price of 68.00 NGN. Zenith began the year with a share price of 45.50 NGN and has since gained 49.7% on that price valuation, ranking it 81st on the NGX in terms of year-to-date performance.

GTCO’s share price currently stands at NGN 94.00, representing a 64.9% year-to-date gain since the beginning of the year. Over the past three months, GTCO has been the 16th most traded stock on the Nigerian Stock Exchange (NGX), with a total volume of 1.18 billion shares traded in 78,394 deals, valued at NGN 113 billion. The stock has shown a -1.05% change in the past 24 hours and a -2.24% change in the past week. GTCO’s market capitalization is NGN 3.42 trillion, with 36.4 billion shares outstanding. Analysts predict a potential upside, with target pr

This delay has sparked concerns among investors, potentially affecting their confidence in the company’s financial management. Investors rely on timely and accurate financial information to assess performance and make informed decisions.

Access Holdings has been facing challenges in meeting deadlines for financial reporting, previously citing complexities in auditing processes and public holidays affecting CBN review.

The company’s commitment to transparency and regulatory compliance will likely support investor confidence in the long run. Investors will be watching closely for the publication of the financial statements to gain insights into the company’s financial performance and future prospects ¹

Access Holdings’ delayed financial report is likely to create uncertainty among investors, potentially affecting the company’s stock performance. The delay, attributed to the Central Bank of Nigeria’s (CBN) review and public holidays, may lead to speculation and volatility in the stock market.

Investors rely on timely financial reports to assess a company’s performance and make informed decisions. The uncertainty surrounding Access Holdings’ financial results may cause some investors to hold off on buying or selling the stock, potentially impacting trading volumes and stock price stability.


Beyond the delay in publishing its interim audited financial statements for the half-year ended June 2025, Access Bank other issues are believed to be responsible for its current fate in.the market .Despite its impressive operational achievements, Access Bank’s market valuation tells a different story. With a current valuation of ₦1.37 trillion, it’s the least valued among Nigeria’s top-tier banks, trailing behind Zenith Bank (N2.8 trillion) and GTCO (N3.4 trillion). The bank’s price-to-earnings (P/E) ratio of 1x and price-to-book (P/B) ratio, valued at a 70% discount to book value, raise concerns about investor sentiment.

Several factors contribute to this disparity, including high debt levels and low dividend payouts. Access Bank’s aggressive growth strategy, focused on acquisitions and expansion, has fueled concerns about sustainability and returns on investment. The bank’s management has acknowledged these concerns, stating they’re now in the consolidation stage of their growth plan ¹.

As Access Bank pursues a N350 billion rights issue, investors will be watching closely to see if the bank can translate its growth into enhanced shareholder value. The outcome will depend on the bank’s ability to balance growth with profitability and improve its market valuation.

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