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Lloyds Banking Group Q1 Profit Surges 33% on Rising Interest Income

6:05pm on Wednesday 29th of April, 2026 AEST Financial Services
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Lloyds Banking Group Q1 Profit Surges 33% on Rising Interest Income

6:05pm on Wednesday 29th of April, 2026 AEST
Key Points
  • Statutory profit before tax up 33% to £2.0 billion
  • Underlying net interest income rises 8% to £3.6 billion
  • Cost:income ratio improves to 51.9%, operating costs down 3%
  • Loans and advances grow 1% to £486.2 billion
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