As the UK's largest digital bank and financial services group, we support and serve Britain's diverse communities and businesses.

 

Q1 results highlights



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.

Strategic Review 2021


Since 2011 we have significantly transformed our business for the benefit of our customers and other key stakeholders, while also positioning us well to succeed in a digital world.

We are not complacent, however, and recognise that we need to continually evolve in response to increasing customer and societal expectations, new technologies and a rapidly changing competitive environment. Most importantly, we also recognise that we have a critical role to play in Helping Britain Recover from the COVID-19 pandemic.

In our Strategic Review we outline our priorities for 2021 and beyond, and how they have both been shaped by and will be instrumental in Helping Britain Recover. 

Strategy highlights



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

Annual report and accounts 2020


The public health crisis caused by coronavirus has affected all of us and the society in which we live. Our priority is to Help Britain Recover in an effective, inclusive and sustainable way.

Annual report highlights

 

Key information for investors

""

Contact us

Who to contact for institutional and private investor information and queries

Get in touch

Shareholder information

Dividend performance over time

Shareholder services

Financial calendar

 

Share price

Share price feeds and downloads for the London and New York Stock Exchanges.

View share price

""

Group Executive Committee

The Group Executive Committee reports to the Group Chief Executive and is responsible for delivering our vision across different parts of the business.

Meet the Committee
""

ESG information

Environmental, social and governance (ESG) issues are an integral part of our strategy at Lloyds Banking Group, and embedded in our day-to-day activity.

ESG information

News and insight


The latest updates and opinions from across the Group

Rob Hailey
Head of Public Policy
11 May 2021
3 min read

Recognising fraud as an online harm

Fraud is one of the UK’s most common crimes, with around 1 in 16 people falling victim a year. Rob Hailey sets out why including online financial scams in the Online Safety Bill is a crucial step in protecting platform users from fraudsters.

Read more
Lloyds Banking Group
21 April 2021
1 min read

We become a founding member of the Net Zero Banking Alliance

On 21 April we became a founding member of the Net Zero Banking Alliance (NZBA), a UN-convened, industry-led alliance of 43 banks across the world aiming for net zero emissions by 2050.

Read more