We're a leading UK-based financial services group with over 325 years' history and a unique family of household brands. Our purpose at Lloyds Banking Group is Helping Britain Prosper.

Latest news and insight

Building a data-driven culture

25 May 2023 | Ranil Boteju

Digital technology Our people

Find out from Ranil Boteju, our Chief Data and Analytics Officer, how we're putting data at the heart of our culture and why it matters.

Read Ranil's article

What are the new skills that people will need for the future of work?

15 May 2023 | Ben Auty 

Our people Supporting business

How implementing a learning culture is helping Lloyds Banking Group – and our customers - to build the workforce of the future.

Read Ben's article
 

Where are SMEs on their journeys to Net Zero?

14 April 2023 | Paul Gordon

Sustainability Supporting business

Find out where SMEs are on their sustainability journeys, where they're looking for support, and what help and resources we have to offer.

Read Paul's article

2023 Q1 results highlights


The Group delivered a solid financial performance in the first quarter of the year, including strong income growth and capital generation.


  

£1.6bn

statutory profit after tax£1.6 billion statutory profit after tax for the 3 months ended 31 March 2023.

£5.9 billion statutory profit before tax for the nine months ended 30 September 2021

£1.4 billion statutory profit for the year ended 31 December 2020.

£4.7bn

net income£4.7 billion net income for the 3 months ended 31 March 2023.

£5.9 billion statutory profit before tax for the nine months ended 30 September 2021

£1.4 billion statutory profit for the year ended 31 December 2020.

£2.2bn

operating costsTotal costs of £2.2 billion for the 3 months ended 31 March 2023.

£5.9 billion statutory profit before tax for the nine months ended 30 September 2021

£1.4 billion statutory profit for the year ended 31 December 2020.

19.1%

return on tangible equity19.1% return on tangible equity for the 3 months ended 31 March 2023.

£5.9 billion statutory profit before tax for the nine months ended 30 September 2021

£1.4 billion statutory profit for the year ended 31 December 2020.

14.1%

CET1 ratio14.1% pro forma CET1 ratio, ahead of the Group’s ongoing target.

£5.9 billion statutory profit before tax for the nine months ended 30 September 2021

£1.4 billion statutory profit for the year ended 31 December 2020.

96%

loan to deposit ratio96% loan to deposit ratio at 31 March 2023.

£5.9 billion statutory profit before tax for the nine months ended 30 September 2021

£1.4 billion statutory profit for the year ended 31 December 2020.

People are the engine of our success

 

Our culture is more than just a statement. It's who we are, how we think, what we value and how we behave.

About the Group 


We’re creating a more sustainable and inclusive future for people and businesses, shaping finance as a force for good.
 

Our history

When the Group was formed in 2009 it brought together many well-known brands including Lloyds, Halifax, Bank of Scotland and Scottish Widows – with a combined history stretching back more than 325 years.

More about our heritage Click the link to visit heritage page

Our future

As part of our strategy we set out an ambition to become a truly purpose-driven organisation, and we're taking steps to embed purpose at the core of our business, decision making, operations and culture.

Our strategy and purpose Click the link to visit the strategy page

How we're Helping Britain Prosper

c.£15bn

funding provided to the social housing sector since 2018, making us the biggest supporter in the UK

95k

small businesses and start-ups supported with online help, advice and bank accounts during 2022

£22.4m

donated to our charitable Foundations in 2022 to help people overcome complex social issues 

£14.3bn

funding provided to first-time buyers in 2022, enabling more people to get onto the housing ladder

Our brands

 

With over 325 years' heritage across our family of brands, we serve and support the evolving needs of our customers and clients across the UK.

Join the conversation

 

Follow us on our social media channels for the latest updates from the Group and see how we're Helping Britain Prosper.