Why invest in Lloyds Banking Group?
Higher, more sustainable returns as we continue Helping Britain Prosper.
Lloyds Banking Group is a leading UK-focused financial services provider.
How we create value, and what sets us apart
We have a number of distinct competitive strengths that collectively differentiate our proposition.
Read our annual report to read more about our business model.
Purpose-driven strategy delivers for broader stakeholders
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 purpose
Helping Britain Prosper
Our strategic vision
UK customer-focused digital leader and integrated financial services provider, capitalising on new opportunities, at scale.
Grow
Drive revenue growth and diversification.
Focus
Strengthen cost and capital efficiency.
Change
Maximise the potential of people, technology and data.
Higher, more sustainable, returns and capital generation
The Group has a progressive and sustainable ordinary dividend policy whilst maintaining the flexibility to return further surplus capital through buybacks or special dividends.
2025 Q1 results highlights
"In the first quarter of 2025, the Group delivered sustained strength in financial performance. In particular, net income continues to grow, following the upward trajectory established in the second half of last year. We maintained our cost discipline and asset quality remains resilient. We remain confident in our 2025 and 2026 guidance.”
Charlie Nunn, Group Chief Executive
£1.1bn
Statutory profit after tax
£4.4bn
Net income
£2.6bn
Operating costs
12.6%
Return on tangible equity
54.4p
Tangible net asset value per share
13.5%
CET1 ratio
Confidence in delivering higher, more sustainable returns
2025 guidance
- Underlying net interest income of c.£13.5 billion
- Operating costs of c.£9.7 billion
- Asset quality ratio of c.25bps
- Return on tangible equity of c.13.5%
- Capital generation of c.175bps
- Progressive and sustainable dividend
2026 guidance
- Cost:income ratio of less than 50%
- Return on tangible equity of greater than 15%
- Capital generation of greater than 200bps
- To pay down to a CET1 ratio of c.13.0%
- Progressive and sustainable dividend
Who we are
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.
Related content
Annual report and accounts
Our annual report provides disclosures relating to our strategic, financial, operational, environmental and social performance.
Sustainability
We have an important role to play in creating a more sustainable and inclusive future for people and businesses, by shaping finance as a force for good.
