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

Latest news

Lloyds Banking Group to acquire Cavendish Online

15 June 2022 

Group news

Lloyds Banking Group has announced its intention to acquire Cavendish Online, a leading UK protection business which offers hybrid direct to consumer, guided and advised life insurance, critical illness and income protection services.

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How can shared ownership homes give first time buyers better access to the housing market?

26 May 2022 | Andy Mason 

Housing

Rising house prices means that prospective buyers are struggling to get a mortgage big enough to buy a house, which is why we think Shared Ownership can play an important role in helping first-time buyers onto the property ladder.

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Insta-scam: how scammers are targeting younger users online

5 May 2022 | Liz Ziegler

Fraud

Scammers are deviously adaptable and there’s always a new kind of hustle being developed. And now younger social media users need to be on the lookout, or risk falling victim.

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2022 Q1 interim management statement highlights


A solid financial performance, with strong income growth and capital build, demonstrating the consistent strength of our business model.


  

£1.2bn

statutory profit after tax£1.2 billion statutory profit after tax for the three months ended 31 March 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.

£4.1bn

net income£4.1 billion net income for the three months ended 31 March 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.

£2.1bn

operating costsOperating costs of £2.1 billion for the three months ended 31 March 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.

£177m

net impairment charge£177 million net impairment charge for the three months ended 31 March 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.

14.2%

CET1 ratio14.2% CET1 ratio, ahead of the Group’s ongoing target and providing significant loss absorbing capacity and capacity to lend to the real economy.

£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.

£451.8bn

loans and advances to customers£451.8 billion loans and advances to customers at 31 March 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 are the largest UK retail and commercial financial services provider, with 26 million customers and a leading digital presence.
 

Our next chapter: 2022 strategy update

Video | 3 mins

Hear from Charlie Nunn, Group Chief Executive and Carla Antunes da Silva, Group Strategy, Corporate Development and Investor Relations Director, on our ambitions and the next chapter of our strategy. 

Watch now

Our history

For over 320 years, with our unique family of brands, we have supported Britain through the good times and the bad.

Our heritageClick the link to visit heritage page

Our future

Our purpose is Helping Britain Prosper. We do this by creating a more sustainable and inclusive future for people and businesses, shaping finance as a force for good.

Our strategyClick 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.