Lloyds Banking Group plc (LYG) Tops Q2 EPS by 21c; offers guidance

Lloyds Banking Group plc (NYSE: LYG) reported Q2 EPS of GBP0.21. Revenue for the quarter came in at GBP3.36 billion.

GUIDANCE

2025 guidance re-affirmed
Based on our current macroeconomic assumptions, for 2025 the Group continues to expect:
• Underlying net interest income of c.£13.5 billion
• Operating costs of c.£9.7 billion
• Asset quality ratio of c.25 basis points
• Return on tangible equity of c.13.5%
• Capital generation to be c.175 basis points2
Confident in 2026 guidance
Based on our current macroeconomic assumptions and confidence in our strategy, the Group is maintaining its
guidance for 2026:
• Cost:income ratio of less than 50%
• Return on tangible equity of greater than 15%
• Capital generation of greater than 200 basis points2
• To pay down to a CET1 ratio of c.13.0%

For earnings history and earnings-related data on Lloyds Banking Group plc (LYG) click here.

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