Strong Financial Performance
Lloyds Banking Group reported a statutory profit after tax of GBP 2.5 billion for the first half of 2025, with a return on tangible equity of 14.1%. Net income grew by 6% to GBP 8.9 billion.
Dividend Increase
The ordinary dividend was increased by 15% at the interim stage, reflecting continued improvement in shareholder distributions.
Growth in Strategic Initiatives
The group has delivered over GBP 1 billion in additional revenues from strategic initiatives on an annualized basis, with a target of GBP 1.5 billion by 2026.
Record Deposit Growth
Deposits increased by GBP 11.2 billion or 2% in the first half, reaching GBP 494 billion.
Operational Efficiency
Achieved GBP 300 million of gross cost savings in the first half, with a total of circa GBP 1.5 billion since 2021.