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 ...

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 ...

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

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

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

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 ...

The bank’s net interest margin (Nim), which measures the difference between what lenders earn on loans and mortgages ... uncertainty over rates, but moved quickly to take advantage of better deals at ...

Lloyds, which is Britain's biggest mortgage lender, now thinks prices will rise by 1.5% over the course of 2024, helped by lower interest rates.

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 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 ...

The prospect of home loan rates staying high for longer is not the tonic for lenders’ financial results it once was ...