Our purpose at Lloyds Banking Group is to Help Britain Prosper.

Latest news

William Chalmers begins his new role as Interim Group Chief Executive

Date: 05 May 2021 | Author: William Chalmers

Interim Group Chief Executive William Chalmers outlines the priorities for Lloyds Banking Group as he takes the helm.

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Mental Health Awareness Week 2021

Date: 10 May 2021

Together with Mental Health UK, we are tackling stigma, raising awareness and equipping people with tools to look after their mental health, so they can live their best possible lives.

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Lloyds Banking Group becomes a founding member of the Net Zero Banking Alliance

Date: 21 April 2021

The UN-convened, industry-led alliance of 43 banks across the world aims to accelerate the transition of the finance sector and the global economy to net zero emissions by 2050. 

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2021 Q1 interim management statement



The Group has delivered a solid financial performance in the first quarter, reflecting business momentum and improved economic outlook.  The Group remains absolutely focused on supporting its customers and Helping Britain Recover from the financial effects of the pandemic.

 


  

£1.4bn

statutory profit after tax£1.4 billion statutory profit after tax for the quarter ended 31 March 2021

£3.7bn

net income£3.7 billion net income for the quarter ended 31 March 2021

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

£1.9bn

total costsTotal costs of £1.9 billion for the quarter ended 31 March 2021, 2% lower than for Q1 2020

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

16.7%

CET1 ratio16.7% CET1 ratio, ahead of the Group’s ongoing target and providing significant loss absorbing capacity and capacity to lend to the real economy

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

13.9%

statutory RoTE13.9% statutory return on tangible equity for the three months ended 31 March 2021

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

£323m

net impairment credit£323 million net impairment credit for the quarter ended 31 March 2021

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

Our Group 


Lloyds Banking Group is a financial services group that serves people, businesses and communities across the UK. 
 

Watch some of our Group Executive Committee members talk about our ambitions 

Our history

Collectively, the Group's brands pull together over 320 years of experience in UK financial services. 

Read moreClick the link to visit heritage page

Our future

As the UK's biggest digital bank, we continue to innovate through services and partnerships.

Read moreClick 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.