Lloyds Reports Rise In 2025 Statutory Pre-Tax Profit

Editorial Staff

29 January 2026

has reported a statutory pre-tax profit of £6.66 billion ($9.21 billion) for 2025, rising 12 per cent year-on-year helped by a rise in net income over the period.

The benefits of higher income were partly outweighed by an increase in operating costs and higher operating charges, the UK-listed banking group said in a statement today. Return on tangible equity stood at 12.9 per cent or 14.8 per cent when a charge for motor finance commission arrangements in the third quarter are stripped out, it said.

Underlying net interest income rose 6 per cent on the year to £13.6 billion; the banking net interest margin rose by 11 basis points on the year to 3.06 per cent.

Lloyds said it had a Common Equity Tier 1 ratio – an international measure of a bank’s capital shock absorber – of 13.2 per cent on a pro forma basis. Lloyds’ board said it has recommended a final ordinary dividend of 2.43 pence per share, equating to a total ordinary 2025 dividend of 3.65 pence, rising 15 per cent.

Because the bank has a “strong capital position,” its board intends to carry out share buybacks totalling up to £1.75 billion.

As previously reported in October last year, Lloyds and Schroders – the wealth management firm – said Lloyds had taken full ownership of the Schroders Personal Wealth joint venture, which was formed in 2019.

To some extent, Lloyds has retreated from forms of wealth management. It sold its international private banking business in 2013 to Geneva-based Union Bancaire Privée. As for Schroders, it added to its private banking and investment capabilities when it purchased Cazenove Capital in 2013.

Since the start of January, shares in Lloyds Banking Group have risen 5.5 per cent.