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

2022 full year results

Charlie Nunn, Group Chief Executive, and William Chalmers, Chief Financial Officer, presented our 2022 full year results to analysts and institutional investors on Wednesday 22 February.

Results announcement (PDF, 1MB)
Results presentation (PDF, 1MB)
Excel download (PDF, 0.2MB)
Shareholder FAQs (PDF, 0.4MB)
Webcast recording

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 strategy


Building on our strong foundations and distinct competitive strengths, our purpose of Helping Britain Prosper forms the basis of our strategy to profitably deliver for all of our stakeholders.
 

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.

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Annual report and accounts 2022


Our reporting is designed to enable better communication to a range of stakeholders. Our annual report provides disclosures relating to our strategic, financial, operational, environmental and social performance and provides detail on our strategy.

Annual report highlights

 

Key information for investors

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Contact us

Who to contact for institutional and private investor information and queries.

Get in touch

Shareholder information

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Dividend performance over time

Shareholder services

Financial calendar

Share price

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

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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

Environmental, social and governance

Strong ESG performance is core to delivering our purpose and strategy.

ESG at Lloyds Banking Group

News and insight


The latest updates and opinions from across the Group.

Charlie Nunn
Group Chief Executive
22 February 2023
3 min read

What's next for Lloyds Banking Group in 2023?

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
Paul Gordon
Managing Director, Relationship Management
14 February 2023
5 min read

The top challenges for UK SMEs in 2023

UK small and medium-sized enterprises (SMEs) faced a litany of challenges in 2022 and the economic, political and social uncertainty looks set to continue. 

Read Paul's article