Pre-tax profits drop to £1.6bn between January and March, down from £2.3bn last year ...

But the UK’s biggest mortgage lender said its customers are ‘resilient’ as it unveiled improved predictions for parts of the economy this year.

The UK arm of the Spanish banking giant reported a 29% drop in its pre-tax profit for the first three months of the year, compared with 2023.

The Lloyds share price experienced volatility in April and this Fool expects more of the same in May. Here's why he'd still buy the stock.

Lloyds Banking Group has announced its profits plunged by 28% in the first three months of this year. The bank posted profits of £1.6bn for the quarter, down from £2.3bn for the same period in a ...

Lloyd’s pre-tax profits were just £1.6 billion between January and March, down from £2.3 billion for the same period last year. The bank attributed this to issues "mainly within UK mortgages" with ...

Lloyds said its margins had been hit "mainly within UK mortgages" amid heightened ... The UK's biggest lender also made less from loans to businesses, but more from credit cards and car finance.

Lloyds Banking Group flagged 'elevated severance charges' of £100million that contributed to an 11% increase in operating costs.

Lloyds’ net interest margin (NIM) — the difference between the interest it charges on loans and the rate it pays on customer deposits — fell to 2.95 per cent from 2.98 per cent in the previous quarter ...

The UK arm of the Spanish banking giant also reported also reported a £2.5billion decline in mortgage lending since the end of last year ...

Lloyds Banking Group's profits plunged by 28% in early 2024 as competition grew for mortgages and deposits. The bank posted pre-tax profits of £1.6bn between January and March, down from £2.3bn last ...

Lloyds Bank Corporate Markets has hired a former head of global markets to lead its north American business and a banker with 30 years' capital markets experience to run its Frankfurt office. William ...