Record Pre-Provision Operating Profit
Pre-provision operating profit increased by 8% to over GBP 1 billion for the first time in our history, demonstrating the strength of our client franchises.
Revenue Growth and Cost Management
Revenue grew ahead of costs, improving the cost-to-income ratio from 53.8% to 52.6%.
Growth in Loan and Deposit Books
Significant pickup in activity and growth in loan books and deposit books in the second half of the year.
Strong Wealth and Investment Business
The Wealth and Investment business showed strong net inflows, contributing to the ability to declare a final dividend of 20p, bringing the full-year dividend to 36.5p.
Strategic Growth Initiatives
Announced significant growth initiatives backed by capital, expected to generate an additional 200 basis points in returns by 2030.
Focus on Sustainability and Climate Action
Met commitments to reduce exposure to fossil fuels and announced a 2030 target of GBP 18 billion for transition and sustainable finance.