Lloyds Banking Group PLC

LLOY: XLON (GBR)

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Lloyds Earnings: We Expect Good Operating Performance This Year, but Risks Are Slowly Building

Niklas Kammer

Apr 29, 2026

Lloyds Banking Group reported a good first quarter, with net income up 9% and costs down 3%. The bank also booked a GBP 295 million provision, part of which was related to the conflict in the Middle East and the resulting more cautious outlook for the UK economy.

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Lloyds Banking Group PLC

Lloyds Earnings: We Expect Good Operating Performance This Year, but Risks Are Slowly Building

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