Lloyds Banking (LYG) Earnings Dates, Call Summary & Reports

Compare

1,506 Followers

Earnings Data

Report Date

Jul 23, 2026

Before Open (Confirmed)

Period Ending

2026 (Q2)

Consensus EPS Forecast

―

Last Year’s EPS

0.11

Same Quarter Last Year

Analyst Consensus

―

Based on 0 Analysts Ratings

Earnings Call Summary

Q4 2025

Earnings Call Date:Jan 29, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call presents a clearly positive trajectory: the company reported broad-based revenue growth (NII +6%, OOI +9%), strong balance sheet momentum (lending +5%, deposits +3%), material cost and RWA savings realized since 2021, and accelerated digital/AI monetization with explicit near-term benefits (GBP 50m in 2025; >GBP 100m expected in 2026). Management upgraded 2026 targets (RoTE >16%, strategic revenue target ~GBP 2bn) and increased shareholder returns (15% dividend uplift and GBP 1.75bn buyback). Headwinds exist — notably a large motor remediation charge (GBP 800m), a still-elevated 2025 cost/income ratio (58.6%) and mortgage margin pressure from COVID-era book maturities and competitive completion margins — but these are framed as manageable and largely being offset by structural hedge income, further efficiency delivery, and diversified OOI growth. On balance the positives significantly outweigh the negatives, and management expressed clear confidence in upgraded 2026 guidance and beyond.

Company Guidance

The call upgraded 2026 guidance across income, efficiency and capital: management now targets return on tangible equity >16% and net interest income around GBP 14.9bn, with a cost/income ratio below 50% (operating expenses <GBP 9.9bn) and capital generation >200 basis points in 2026 while targeting a CET1 of ~13% by year-end; key balance-sheet and income pointers include lending GBP 481bn (up 5%), mortgages GBP 323bn (up 3%, c.19% flow share), deposits GBP 496.5bn (up GBP 13.8bn, +3%), other operating income GBP 6.1bn in 2025 (+9%) with strategic other-income contribution ~GBP 0.9bn, and upgraded strategic initiatives revenue target to c. GBP 2bn; structural hedge notional was GBP 244bn with hedge income c. GBP 5.5bn in 2025 and an expected uplift of ~GBP 1.5bn to c. GBP 7bn in 2026 (c. GBP 8bn in 2027); efficiency and tech metrics included c. GBP 1.9bn gross cost savings since 2021, c. GBP 24bn gross RWA optimization since 2021, 50 GenAI cases delivered ~GBP 50m P&L benefit in 2025 and >GBP 100m expected in 2026, TNAV 57p (up 4.6p), impairment guidance ~25bps for 2026, and shareholder distributions supported by a 15% ordinary dividend increase and a buyback of up to GBP 1.75bn (total capital return up to ~GBP 3.9bn).

Sustained Revenue and Profit Growth

Statutory profit after tax of GBP 4.8bn; return on tangible equity 12.9% (14.8% excluding Q3 motor provision). Net income GBP 18.3bn, up 7% versus 2024; Net interest income (NII) up 6% and Other operating income (OOI) up 9% year-on-year.

Strong Balance Sheet Momentum

Lending balances closed at GBP 481bn, up GBP 22bn (5%) in 2025. Mortgages up GBP 10.8bn (3%) to GBP 323bn with a flow share ~19%. Total deposits increased by GBP 13.8bn (3%) to GBP 496.5bn.

Net Interest Margin and Structural Hedge Tailwind

Net interest margin increased 11 basis points to 3.06% for the year (Q4 margin 3.10%). Structural hedge income around GBP 5.5bn in 2025, with an expected step-up of ~GBP 1.5bn to circa GBP 7bn in 2026 and ~GBP 8bn in 2027.

Diversified Other Income Performance

Other operating income GBP 6.1bn, up 9% versus 2024. Retail OOI +12%, Insurance/Pensions/Investments +11%, Equity investments +15%. Lloyds Wealth acquisition contributes to OOI and net new money (IP&I open book net new money GBP 7.9bn in 2025, including GBP 4.2bn in Q4).

Material Cost Savings and RWA Optimization

Delivered circa GBP 1.9bn of gross cost savings since 2021 and GBP 24bn of gross RWA optimization since 2021. Company reiterates target cost/income ratio below 50% in 2026 and expects capital generation >200 basis points in 2026.

AI and Digital Scaling

Scaled 50 generative AI use cases into production in 2025 delivering ~GBP 50m of in-year P&L benefit. Company expects >GBP 100m P&L benefit from AI use cases in 2026 and identifies AI/digital as a driver of ~70% of upgraded strategic revenue and >60% of gross cost savings since 2021.

Shareholder Returns Increase

Board proposing a 15% increase in the ordinary dividend (total dividend 3.65p for 2025; final ordinary dividend 2.43p) and announced a share buyback of up to GBP 1.75bn. Total capital return up to GBP 3.9bn, up 8% versus 2024; dividends up >80% since 2021.

Strong Credit and Coverage Position

Impairment charge for 2025 GBP 795m, equating to an asset quality ratio of 17 basis points; Q4 impairment GBP 177m (14 bps). Stock of ECLs GBP 3.4bn, ~GBP 0.4bn above base case coverage. Guidance: asset quality ratio circa 25 bps for 2026.

Business and Product Momentum

Retail mobile app users up circa 45% since 2021; plan to roll out in-app AI agents in 2026. BCB gross net lending increased 15% in 2025. FX volumes in CIB increased by over 20% in the year. Lloyds Living grew to nearly 8,000 homes; LDC generated >GBP 600m of exit proceeds.

Upgraded 2026 Financial Targets

Upgraded strategic revenue target for 2026 to circa GBP 2bn (GBP 1.4bn delivered to date). Other income contribution expected circa GBP 0.9bn for 2026. Return on tangible equity target upgraded to greater than 16% for 2026.

Lloyds Banking (LYG) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

LYG Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 23, 2026	2026 (Q2)	- / -	0.114	―	―	―
Jan 29, 2026	2025 (Q4)	0.11 / 0.12	0.083	45.78% (+0.04)
Jul 24, 2025	2025 (Q2)	0.11 / 0.11	0.087	31.03% (+0.03)
Feb 20, 2025	2024 (Q4)	0.07 / 0.08	0.086	-3.49% (>-0.01)
Jul 25, 2024	2024 (Q2)	0.07 / 0.09	0.093	-6.45% (>-0.01)
Feb 22, 2024	2023 (Q4)	0.09 / 0.09	0.109	-21.10% (-0.02)
Jul 26, 2023	2023 (Q2)	0.10 / 0.09	0.1	-7.00% (>-0.01)
Feb 22, 2023	2022 (Q4)	0.09 / 0.11	0.096	13.54% (+0.01)	―	―
Oct 27, 2022	2022 (Q3)	0.09 / -	0.11	―	―	―
Jul 27, 2022	2022 (Q2)	0.07 / 0.10	0.157	-36.31% (-0.06)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

LYG Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jan 29, 2026	$5.81	$5.92	+1.89%
Jul 24, 2025	$4.23	$4.18	-1.18%
Feb 20, 2025	$3.00	$3.18	+6.00%
Jul 25, 2024	$2.82	$2.87	+1.77%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Lloyds Banking Group (LYG) report earnings?

Lloyds Banking Group (LYG) is schdueled to report earning on Jul 23, 2026, Before Open (Confirmed).

What is Lloyds Banking Group (LYG) earnings time?

Lloyds Banking Group (LYG) earnings time is at Jul 23, 2026, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is LYG EPS forecast?

Currently, no data Available