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Lloyds gains momentum as profit surges and 2026 targets remain intact
6:32pm on Thursday 29th of October, 2026 AEDT
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Banking and Financial Services
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Lloyds gains momentum as profit surges and 2026 targets remain intact
6:32pm on Thursday 29th of October, 2026 AEDT
Key Points
Statutory profit before tax rose 42% to £6.625 billion
Underlying net interest income increased 10% to £11.084 billion
Return on tangible equity reached 17.9% and CET1 stood at 13.3%
Loans grew 3% to £495.5 billion, while deposits rose 1% to £502.8 billion
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