Lloyds Banking Q2 2026 Earnings
Net Interest Income GBP 3.71B (est GBP 3.73B) -Operating Costs GBP 2.40B (est GBP 2.43B) -Net Interest Margin 3.22% (est 3.23%) -Statutory Pretax Profit GBP 2.27B (est GBP 2.09B) -Interim DIV/SHR 1.58P -Still Sees FY Rote Above +16% (est +17%) -Still Sees FY Underlying NII Above GBP14.9B
Story updates
Q2 Net Revenues Up 13% Y/Y At 43.5B (est 43.4B) -Q2 Industrial Free Cash Flow Of 1B Euros, (Y/Y Prior 31M) -Q2 Adjusted Operating Income 773M (est 914M), Y/Y Prior 213M) -Q2 Net Profit Of 293M (Y/Y Prior - 1.87B) -Q2 Consolidated Shipments Up 10% Y/Y To 1.6M Units -H1 Net Tariff Costs Amounted To 300M, Including Refund Of 400M -In H1 2026 Paid 900M, Part Of 2B-Euro Cash Payments Related To H2 2025 Charges -Expects H2 Performance To Be Skewed Toward Q4, Following Q3 Summer Production Shutdown And Continued Operational Performance Improvements -Confirms 2026 Financial Guidance -Estimates Net US Tariff Impact In 2026 At 1-1.2B -Expects Positive Industrial Free Cash Flows In 2027