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Lloyds gains momentum as profit surges and 2026 targets remain intact

6:32pm on Thursday 29th of October, 2026 AEDT • 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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