Access ARM Pensions grows revenue by 50% to N42.4bn, pays N2 dividend

Access ARM Pensions has announced a strong financial performance for the 2025 financial year, posting a 50.4 per cent increase in gross revenue following the merger between Access Pensions and ARM Pensions.

The company’s revenue rose to N42.4 billion in 2025 from N28.2 billion recorded in the previous year, while profit after tax increased by 48 per cent to N16.1 billion from N10.9 billion in 2024.

The company also reported significant growth in its Assets Under Management (AUM), which climbed above N4 trillion in 2025 compared to about N3 trillion recorded a year earlier.

At its Annual General Meeting held in Lagos, shareholders approved a dividend payout of N2 per share in recognition of the company’s improved performance.

Speaking during the meeting, the Acting Managing Director and Chief Executive Officer, Abimbola Sulaiman, said the company’s latest results reflected the early benefits of the merger integration.

She explained that 2025 marked the first complete financial year after the consolidation of the two pension firms, noting that the company had already begun to unlock operational efficiencies and cost savings.

According to Sulaiman, the firm also strengthened its market position through increased customer acquisition and growth in pension assets.

“The business is strong, the brand is strong, and we recorded gains in customer acquisition and assets under management,” she said.

She added that the company’s growth rate exceeded broader industry performance due to the successful integration of operations and effective value capture from the merger.

Sulaiman expressed confidence that the company would record stronger growth in the coming years as the full benefits of the merger continue to materialise.

“Mergers and acquisitions usually take between one and three years before full integration benefits are realised, so we remain optimistic about the opportunities ahead,” she stated.

The acting managing director also assured shareholders that the company would meet new regulatory capital requirements without requiring external funding.

According to her, the company’s ability to declare dividends while still working toward meeting the revised capital threshold demonstrated its financial strength and stability.

“We will meet the requirement before the deadline and will not require any external capital injection,” she said.

Shareholders who attended the meeting welcomed the company’s financial results and dividend declaration, describing the performance as encouraging.

One of the shareholders, Obinna Anyanwu, said investors were already beginning to see the positive impact of the merger on the company’s operations and earnings.

He expressed confidence in the management team and its ability to sustain growth and deliver stronger returns to shareholders in the future.