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 ...

Pre-tax profits drop to £1.6bn between January and March, down from £2.3bn 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 Banking Group has seen its profits drop by more than a quarter in recent months, as interest rates reached a peak and competition in the […] ...

The bank’s net interest margin (Nim), which measures the difference between what lenders earn on loans and mortgages, and what they pay savers, fell to 2.95pc from 3.22pc last year. Lloyds ...

Lloyds reported a statutory pre-tax profit of £1.6 billion for the first quarter of the year, a decrease of 28 per cent from the £2.3 billion announced during the same period last year. The figures ...

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

Lloyds Banking Group reported its first quarter profit fell 28%, in line with analyst expectations, as peaking interest rates and rising competition in the mortgage market squeezed margins. The ...

UK media regulator stops short of outright ban on politicains presenting news ...

Lloyds Bank plc together with its subsidiaries' (the Group) statutory profit before tax for the first three months of 2024 was £1,587 million, 23 per cent lower than the same period in 2023. This was ...

The UK’s biggest high street banks are set to report lower profits over the start of the year, after a bumper 2023 which saw earnings peak as borrowing costs soared.

Buy-to-let lender BM Solutions, part of Lloyds Banking Group ... its lifetime mortgage deals are unchanged and new business applications can be submitted as normal. Lifetime mortgages are loans ...