Access Holdings drops by 11.9% to emerge worst banking stock price in 2025
The stock price of Access Holdings Plc dropped by 11.9 per cent to emerge as the worst performing banking stock on the Nigerian Exchange Limited (NGX) in 2025 amid negative sentiment trading by investors.
The stock price that closed for 2024 at N21 per share, slumped by 11.9 per cent or N2.85 per share to close 2025 at N23.85 per share on the NGX.
As gathered by WESTERNPOST, Access Holdings is the only lender with a decline in stock price, while the stock price of Unity Bank traded flat at N1.51 per share for the second consecutive year.
In the period under review, the Pan-African financial institution saw its market capitalisation at N1.12 trillion from N847.75billion in 2024.
On the flipside, Wema Bank, First Holdco Plc, among other were best performing banking stocks on the Exchange.
In its nine months unaudited result and accounts for period ended September 30, 2025, Access Holdings posted N448 billion profit after tax, about 2.2 per cent drop from N458billion in nine months ended September 2024.
The decline in profit was on the backdrop of 141.5 per cent impairment charge as the Holdings joined other banks to comply with the Central Bank of Nigeria (CBN) forbearance package.
Access Holdings posted a N350 billion impairment charge as of September 30, 2025 as against N145 billion reported in nine months of 2024.
Before releasing nine months ended September 30, 2025, the pan-African financial institution was the only Tier-1 bank that failed to declare interim dividend for half year ended June 30, 2025 to investors- first time in over five years.
