Key facts
- Statutory profit before tax rose 42% to £6.6 billion for the nine months ended Sept. 30.
- Underlying net interest income rose 10% to £11.1bn, with a net interest margin of 3.21%.
- Underlying other income increased 10% to £5bn.
Lloyds Banking Group reported a 42% increase in statutory profit before tax to £6.6 billion for the nine months ended September 30, driven by higher total income and a reduced remediation charge. The owner of Bank of Scotland, Halifax and Scottish Widows also saw underlying net interest income rise 10% to £11.1 billion, with a net interest margin of 3.21%. Underlying other income increased 10% to £5 billion. The group maintained its 2026 guidance, expecting underlying net interest income above £14.9 billion and a cost:income ratio below 50%. Chief executive Charlie Nunn stated the bank is on track to meet its guidance and is focused on supporting UK households and businesses.