Our purpose and strategy
Our purpose is Helping Britain Prosper.
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.
29 October 2024 | David Cleary
The number of people experiencing homelessness in the UK is at an all-time high, with 240,000 households living in unsuitable temporary accommodation.
25 October 2024 | Lloyds Bank
Lloyds customers can now request money from friends and family, quickly and easily, using the new Link Pay feature in the mobile banking app.
18 September 2024 | Andrew Walton
Sustainability Supporting business
We’ve teamed with Soil Association Exchange to create the largest, most comprehensive review of farm environmental performance ever carried out in the UK.
Popular topics you might be interested in
Sustainability Diversity Supporting business Housing Pensions Investment
The Group delivered a robust financial performance in the third quarter of 2024, with growth in income alongside continued cost discipline and strong asset quality. Our performance allows us confidently to reaffirm our 2024 guidance.
£1.3bn
Statutory profit after tax
£4.3bn
Net income
£2.3bn
Operating costs
15.2%
Return on tangible equity
52.5p
Tangible net asset value per share
14.3%
CET1 ratio
Our culture is more than just a statement. It's who we are, how we think, what we value and how we behave.
We’re creating a more sustainable and inclusive future for people and businesses, shaping finance as a force for good.
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 over 325 years.
In 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.
7.5m+
customers contacted with cost-of-living support since 2022
£35.2m
donated to our charitable Foundations in 2024 to help tackle social disadvantage
£12bn+
funding to first time buyers in 2023, enabling more people to get onto the housing ladder
c.£17bn
funding provided to the social housing sector since 2018
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.
Follow us on our social media channels for the latest updates from the Group and see how we're Helping Britain Prosper.