Lloyds Reports Q3 2026 Pretax Profit of £2.33 Billion
Statutory profit before tax rose from £1.17 billion a year earlier. Nine-month pretax profit increased 42% to £6.6 billion, while underlying net interest income climbed 10% to £11.1 billion. Lloyds maintained its 2026 guidance.
Lloyds Banking Group reported a statutory profit before tax of £2.33 billion for the third quarter of 2026, up from £1.17 billion in the same period last year. For the nine months ended September 30, 2026, the group achieved a statutory profit before tax of £6.6 billion, representing a 42% increase year-over-year. The performance was supported by a 10% rise in underlying net interest income to £11.1 billion and a substantial decrease in remediation charges, which fell to £22 million in the third quarter from £875 million a year prior.
Management maintained the group's 2026 financial guidance, projecting underlying net interest income to exceed £14.9 billion and a cost-to-income ratio of less than 50%.