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

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 ...

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

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 ...

Higher levels of mortgage refinancing between January and March led to more churn in Lloyds’ mortgage book, denting the bank’s profitability. The bank’s net interest margin (Nim), which measures the ...

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, 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.

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 has seen its profits drop by more than a quarter in recent months, as interest rates reached a peak and competition in the […] ...

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 ...

LLOYDS Bank offered a boost to home owners and those trying to get on the property ladder today when it said prices will rise, but the cost of new mortgages will fall. Its prediction that the Bank of ...

Lloyds Banking maintained its full-year guidance as it reported a slightly better-than-expected net interest margin for the first quarter but weaker-than-forecast pretax profits.