Our purpose at Lloyds Banking Group is Helping Britain Prosper.

Latest news and insight

Are savers making the most of their tax-free ISA allowance?

21 March 2023 | Andy Bickers 

Financial wellbeing

Different types of ISA come with their own benefits and uses, but they all offer significant tax benefits compared to standard savings accounts. Find out why savers should be making the most of ISA season this year.

Read Andy's article
Woman in cafe

Closing the pension knowledge gap for adults

23 March 2023 | Robert Cochran

Pensions

There's currently a serious shortfall in financial literacy among adults in the UK. But how do we close the pensions knowledge gap?

Read Robert's article
 

What's next for Lloyds Banking Group in 2023?

22 February 2023 | Charlie Nunn 

Group news

Charlie Nunn, Group Chief Executive, reflects on the 12 months since launching our new strategy and what’s to come in 2023.

Read Charlie's article

2022 full year results highlights


The Group has delivered a robust financial performance in 2022 with strong income growth, continued franchise strength and strong capital generation, enabling increased capital returns for shareholders.


  

£5.6bn

statutory profit after tax£5.6 billion statutory profit after tax for the year ended 31 December 2022.

£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.

£18.0bn

net income£18.0 billion net income for the year ended 31 December 2022.

£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.

£8.8bn

operating costsOperating costs of £8.8 billion for the year ended 31 December 2022.

£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.

13.5%

return on tangible equity13.5% return on tangible equity for the year ended 31 December 2022.

£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.

2.40p

total dividend per share2.40 pence per share total ordinary dividend for the year ended 31 December 2022.

£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.

Our Group 


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

Our strategy: looking to 2023 and beyond

Video | 1 min

Hear from Charlie Nunn, Group Chief Executive, on how we're working to support a more inclusive and sustainable society.

Watch videoOpens video in same tab

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 300 years.

More about our heritageClick 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 purposeClick the link to visit the strategy page

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.

Our brands

 

With more than 320 years of 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.