Access Bank Pushes Back H1 Earnings Report After Weak Results From GTCO, Zenith, UBA

Access Holdings has extended the date for the publication of its Interim Audited Financial Statements for the Half Year period that ended June 30, 2025, to October 22, 2025.

This comes after a string of disappointing results across the banking sector from other tier-one lenders such as United Bank for Africa (UBA), Guaranty Trust Holding Company (GTCO) and Zenith Bank Plc.

Access Holdings said the extension was to enable the Company obtain the Central Bank of Nigeria’s approval of the Results.

One analyst MoneyCentral spoke to said this was part of the reason the stock is not doing well.

GTCO’s Gross Earnings and Profit Slump in H1

For the first six months through June 2025, GTCO’s profit after tax (PAT) dipped by 50.41 percent to N449.01 billion from N905.56 billion as at June 2025.

The lenders Gross Earnings also fell by 22% in the period.

Zenith Bank Profit Slides 8%

Zenith Bank Plc reported a 8% slide in profit after tax to N532 billion in the half year period to June 2025, compared to N578 billion as at June 2024.

Zenith Bank took a hit to earnings from a jump in impairment charges, while a higher share count from rights issues led to Earnings Per Share (EPS) falling 29.6%.

Zenith Bank booked net impairment charges on financial and non-financial instruments of N760.8 billion in H1, 2025, up 83% compared to H1, 2024 levels.

UBA’s Profit Before Tax Dips

UBA’s half year 2025 results showed that profit before tax dropped from N401 billion in 2024 to N388 billion in the period under consideration. 

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