Lloyds Banking Group Reports Third-Quarter 2025 Results

Lloyds Banking Group has reported its financial results for the first nine months of 2025, showcasing a robust performance despite challenges. The group achieved a statutory profit after tax of £3.3 billion, a decrease from £3.8 billion in the same period last year. The decrease was influenced by an £800 million charge related to motor finance commissions.

Net income increased by 6%, driven by stronger customer activity and strategic initiatives. Underlying net interest income also rose by 6% to £10.1 billion, supported by a banking net interest margin of 3.04%. Operating costs increased by 3% to £7.2 billion due to inflation, strategic investments, and business growth.

The group’s acquisition of Schroders Personal Wealth was highlighted as a strategic move to deepen wealth management services, supporting £17 billion in assets under administration. Lloyds remains confident about its yearly and 2026 forecasts, expecting capital generation to improve despite recent charges.