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Lloyds Banking Profit Climbs on Stronger Net Interest Income

Lloyds Banking Group reported higher third-quarter profit, citing stronger net interest income and a lower motor finance remediation charge, and backed its 2026 guidance.

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07:51:36 AM UTC
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LONDON (dpa-AFX) - Lloyds Banking Group plc (LLOY.L), a British financial services company, Thursday reported higher nine-month profit, driven by increased income and a lower remediation charge.Profit before tax rose 41.6% to £6.625 billion from £4.678 billion a year ago.Profit attributable to ordi…

By Michael HennesseyLloyds Banking Group backed its 2026 guidance as it reported higher profit for the third quarter on stronger net interest income and a lower remediation charge compared to last year's motor finance probe provision.The British bank on Thursday posted 2.33 billion pounds ($3.11 bi…

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