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

Lloyds said the decline was partially driven by lower net interest income meaning the difference between what it generates from loans and pays out for deposits ...

PROFITS at Lloyds have fallen by more than a ­quarter after the bank faced more pressure to increase rates for savings accounts customers. Britain’s biggest domestic lender posted a 28 per cent ...

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

The bank’s net interest margin (Nim), which measures the difference between what lenders earn on loans and mortgages ... He is seeking to make Lloyds a slimmer and more profitable bank, cutting costs ...

Lloyds quarterly profit drops 28% from bumper 2023 earnings - The lender said its statutory pre-tax profit for the first three months of the year hit £1.6 billion.

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 has posted a 28 per cent fall in profit - in line with analysts' estimates - as price wars and the prospect of interest rate cuts forced it to offer better rates to customers.

MORE than a dozen branches are set to close their doors in the coming days. Several locations will pull down their shutters in England, Wales, and Scotland in a fresh blow to customers. Among ...

House prices will rise and mortgage rates fall in 2024, Lloyds Bank says - Britain’s biggest bank predicts three rate cuts this year ...

This Fool has loved watching the Lloyds share price climb higher in 2024. Here are three good reasons why I’m cautious of buying right now. The post Is the Lloyds share price overvalued right now?