Earnings ·
Lloyds Banking Group reported half-year results ending June 30, 2026, with statutory profit before tax rising to £4.3…
LLDTFLloyds Banking Group plc
Lloyds Banking Group reported half-year results ending June 30, 2026, with statutory profit before tax rising to £4.3 billion from £3.5 billion in the prior year period. Underlying net interest income increased 9% to £7.3 billion, driven by a higher banking net interest margin of 3.19%. The Group announced an interim ordinary dividend of 1.58 pence per share, representing a 30% increase year-over-year and totaling approximately £918 million. Additionally, the Board authorized a new ordinary share buyback program of up to £1.0 billion, supplementing existing capital returns. Pro forma CET1 ratio stood at 13.1%, supported by strong capital generation of 108 basis points. Lloyds Banking Group operates as a major financial services provider in the United Kingdom, offering retail banking, commercial banking, and insurance products.