Access Holdings hits N1.39trn Gross Earnings, declares N1.30 as final dividend to shareholders in FY 2022

Access Holdings Plc has declared a final dividend of N1.30 to shareholders for the year ended 31 December 2022. In addition to the interim dividend of 20 kobo, the financial institution gave a total of N1.50 as dividend for 2022 financial year.

In its Audited Report, the Group reported the Gross Earnings of N1.388 trillion for the 12 months period, up by 42.81% from N971.885 billion reported the previous year.

Profit after tax of N152.2 billion was achieved for the period under review, down by 5% from N160.2 billion reported he previous year.

Earnings per share of the financial institution stands at N4.28.

At the share price of N9, the P/E ratio of Access Bank stands at 2.10x with earnings yield of 47.58%.

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