Lloyds Banking Group plc (LYG) financial statements: income statement, balance sheet and cash flow
Lloyds Banking Group plc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters.
Income statement
Lloyds Banking Group plc income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Interest income
$30.7B
$31.3B
$28.1B
$17.6B
Interest expense
($17.5B)
($19.0B)
($14.8B)
($3.7B)
Net interest income
$13.2B
$12.3B
$13.3B
$14.0B
Fee and commission income
$3.1B
$2.9B
$2.9B
$2.8B
Fee and commission expense
($1.3B)
($1.2B)
($1.1B)
($1.3B)
Net fee and commission income
$1.8B
$1.8B
$1.8B
$1.5B
Net trading income
$1.5B
$17.8B
$18.0B
($20.0B)
Insurance revenue
$3.4B
$3.3B
$3.0B
—
Insurance service expense
($2.5B)
($2.7B)
($2.4B)
—
Net expense from reinsurance contracts held
($139.0M)
($72.0M)
$2.0M
—
Insurance service result
$756.0M
$486.0M
$596.0M
—
Net investment return on assets held to back insurance and investment contracts
$23.8B
—
—
—
Net finance expense in respect of insurance and investment contracts
($24.0B)
—
—
—
Net investment return and finance result in respect of insurance and investment contracts
($200.0M)
—
—
—
Other operating income
$2.4B
$1.9B
$1.6B
$1.3B
Other income
$6.2B
$22.0B
$22.1B
—
Total income
$19.4B
$34.3B
$35.4B
$5.8B
Operating expenses
($12.0B)
($11.6B)
($10.8B)
($9.8B)
Impairment
($795.0M)
($431.0M)
($303.0M)
($1.5B)
Profit before tax
$6.7B
$6.0B
$7.5B
$6.9B
Tax expense
($1.9B)
($1.5B)
($2.0B)
($1.4B)
Profit for the year
$4.8B
$4.5B
$5.5B
$5.6B
Profit attributable to ordinary shareholders
$4.2B
$3.9B
$4.9B
$5.0B
Profit attributable to other equity holders
$463000000.00
$498000000.00
$527000000.00
$438000000.00
Profit attributable to equity holders
$4.7B
$4.4B
$5.5B
$5.5B
Profit attributable to non-controlling interests
$98.0M
$56.0M
$58.0M
$96.0M
Basic earnings per share (in GBP per share)
$0.07
$0.06
$0.08
$0.07
Diluted earnings per share (in GBP per share)
$0.07
$0.06
$0.07
$0.07
Lloyds Banking Group plc income statement, quarters
Line item
Jun 30, 2026 · YTD
Jun 30, 2025 · YTD
Jun 30, 2024 · YTD
Jun 30, 2023 · YTD
Interest income
$15.2B
$15.4B
$15.4B
$13.0B
Interest expense
($8.1B)
($8.9B)
($9.4B)
($6.3B)
Net interest income
$7.1B
$6.5B
$6.0B
$6.8B
Fee and commission income
$1.8B
$1.5B
$1.5B
$1.4B
Fee and commission expense
($750.0M)
($608.0M)
($568.0M)
($539.0M)
Net fee and commission income
$1.0B
$856.0M
$890.0M
$887.0M
Net trading income
$812.0M
$608.0M
$10.8B
$6.2B
Insurance revenue
$1.6B
$1.9B
$1.6B
$1.4B
Insurance service expense
($1.3B)
($1.4B)
($1.3B)
($1.2B)
Net expense from reinsurance contracts held
($17.0M)
($28.0M)
($23.0M)
$11.0M
Insurance service result
$298.0M
$430.0M
$288.0M
$223.0M
Net investment return on assets held to back insurance and investment contracts
$16.2B
$5.3B
—
—
Net finance expense in respect of insurance and investment contracts
($16.0B)
($5.3B)
—
—
Net investment return and finance result in respect of insurance and investment contracts
$192.0M
($1.0M)
—
—
Other operating income
$1.2B
$1.0B
$907.0M
$826.0M
Other income
$3.5B
$2.9B
$12.8B
$8.1B
Total income
$10.6B
$9.4B
$18.9B
$14.9B
Operating expenses
($5.7B)
($5.4B)
($5.5B)
($4.8B)
Impairment
($616.0M)
($442.0M)
($100.0M)
($662.0M)
Profit before tax
$4.3B
$3.5B
$3.3B
$3.9B
Tax expense
($1.2B)
($960.0M)
($880.0M)
($1.0B)
Profit after tax
$3.1B
$2.5B
$2.4B
$2.9B
Profit attributable to ordinary shareholders
$2.8B
$2.3B
$2.1B
$2.6B
Profit attributable to other equity holders
$229000000.00
$245000000.00
$269000000.00
$255000000.00
Profit attributable to equity holders
$3.1B
$2.5B
$2.4B
$2.8B
Profit attributable to non-controlling interests
$58.0M
$25.0M
$30.0M
$37.0M
Basic earnings per share (in GBP per share)
$0.05
$0.04
$0.03
$0.04
Diluted earnings per share (in GBP per share)
$0.05
$0.04
$0.03
$0.04
Balance sheet
Lloyds Banking Group plc balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and balances at central banks
$56.7B
$62.7B
$78.1B
$91.4B
Financial assets at fair value through profit or loss
$240.4B
$215.9B
$203.3B
$180.6B
Derivative financial instruments
$19.7B
$24.1B
$22.4B
$24.8B
Loans and advances to banks
$7.2B
$7.9B
$10.8B
$10.6B
Loans and advances to customers
$481.5B
$459.9B
$449.7B
$454.9B
Reverse repurchase agreements
$51.0B
$49.5B
$38.8B
$44.9B
Debt securities
$14.0B
$14.5B
$15.4B
$9.9B
Financial assets at amortised cost
$553.7B
$531.8B
$514.6B
$520.3B
Financial assets at fair value through other comprehensive income
$36.3B
$30.7B
$27.6B
$23.2B
Goodwill and other intangible assets
$8.6B
$8.2B
$8.3B
—
Current tax recoverable
$1.3B
$526.0M
$1.2B
$612.0M
Deferred tax assets
$4.0B
$5.0B
$5.2B
$5.2B
Retirement benefit assets
$2.7B
$3.0B
$3.6B
$3.8B
Other assets
$20.7B
$24.8B
$17.1B
$13.8B
Total assets
$944.1B
$906.7B
$881.5B
$877.8B
Deposits from banks
$5.8B
$6.2B
$6.2B
$7.3B
Customer deposits
$496.5B
$482.7B
$471.4B
$475.3B
Repurchase agreements at amortised cost
$38.6B
$37.8B
$37.7B
$48.6B
Financial liabilities at fair value through profit or loss
$27.9B
$27.6B
$24.9B
$17.8B
Derivative financial instruments
$16.1B
$21.7B
$20.1B
$24.0B
Notes in circulation
$2.1B
$2.1B
$1.4B
$1.3B
Debt securities in issue at amortised cost
$78.3B
$70.8B
$75.6B
—
Liabilities arising from insurance and participating investment contracts
$135.3B
$122.1B
$120.1B
—
Liabilities arising from non-participating investment contracts
$61.6B
$51.2B
$45.0B
$43.0B
Other liabilities
$20.9B
$25.9B
$19.0B
$19.1B
Retirement benefit obligations
$120.0M
$122.0M
$136.0M
$126.0M
Current tax liabilities
$52.0M
$45.0M
$39.0M
$8.0M
Deferred tax liabilities
$146.0M
$125.0M
$157.0M
$216.0M
Provisions
$2.9B
$2.3B
$2.1B
—
Subordinated liabilities
$9.9B
$10.1B
$10.3B
$10.7B
Total liabilities
$896.2B
$860.8B
$834.1B
$830.3B
Share capital
$5.9B
$6.1B
$6.4B
$6.7B
Share premium account
$18.8B
$18.7B
$18.6B
$18.5B
Other reserves
$10.7B
$8.8B
$8.5B
$6.6B
Retained profits
$6.3B
$5.9B
$6.8B
$10.1B
Ordinary shareholders’ equity
$41.7B
$39.5B
$40.2B
$42.0B
Other equity instruments
$5.9B
$6.2B
$6.9B
$5.3B
Total equity excluding non-controlling interests
$47.7B
$45.7B
$47.2B
$47.3B
Non-controlling interests
$199.0M
$172.0M
$201.0M
$244.0M
Total equity
$47.9B
$45.9B
$47.4B
$47.5B
Total equity and liabilities
$944.1B
$906.7B
$881.5B
$877.8B
Lloyds Banking Group plc balance sheet, quarters
Line item
Jun 30, 2026
Jun 30, 2025
Jun 30, 2024
Jun 30, 2023
Cash and balances at central banks
$61.5B
$64.2B
$66.8B
$95.5B
Financial assets at fair value through profit or loss
$258.4B
$221.9B
$209.1B
$191.5B
Derivative financial instruments
$20.7B
$22.9B
$19.0B
$23.7B
Loans and advances to banks
$8.1B
$7.5B
$8.5B
$11.3B
Loans and advances to customers
$491.7B
$471.6B
$452.4B
$450.7B
Reverse repurchase agreements
$54.4B
$46.0B
$49.4B
$36.0B
Debt securities
$16.6B
$13.2B
$15.4B
$12.8B
Financial assets at amortised cost
$570.8B
$538.2B
$525.7B
$510.9B
Financial assets at fair value through other comprehensive income
$40.4B
$33.9B
$27.8B
$22.2B
Goodwill and other intangible assets
$8.7B
$8.0B
$8.3B
$8.2B
Current tax recoverable
$1.4B
$1.2B
$1.2B
$970.0M
Deferred tax assets
$3.7B
$4.4B
$5.0B
$6.2B
Retirement benefit assets
$2.9B
$3.0B
$3.4B
$4.7B
Other assets
$25.6B
$21.4B
$26.6B
$18.9B
Total assets
$994.2B
$919.3B
$892.9B
$882.8B
Deposits from banks
$8.2B
$7.7B
$5.6B
$6.2B
Customer deposits
$500.9B
$493.9B
$474.7B
$469.8B
Repurchase agreements at amortised cost
$45.4B
$38.2B
$37.9B
$44.6B
Financial liabilities at fair value through profit or loss
$31.3B
$28.8B
$27.1B
$23.8B
Derivative financial instruments
$17.8B
$19.9B
$16.6B
$23.7B
Notes in circulation
$2.2B
$2.1B
$1.8B
$1.3B
Debt securities in issue at amortised cost
$90.9B
$68.3B
$74.8B
—
Liabilities arising from insurance and participating investment contracts
$143.6B
$125.0B
$125.0B
—
Liabilities arising from non-participating investment contracts
$66.6B
$52.3B
$48.3B
$41.9B
Other liabilities
$27.8B
$23.1B
$23.5B
$22.3B
Retirement benefit obligations
$116.0M
$119.0M
$130.0M
$120.0M
Current tax liabilities
$35.0M
$63.0M
$47.0M
$25.0M
Deferred tax liabilities
$131.0M
$120.0M
$146.0M
$181.0M
Provisions
$2.8B
$2.2B
$1.8B
—
Subordinated liabilities
$9.2B
$10.7B
$10.4B
$9.9B
Total liabilities
$946.9B
$872.4B
$847.8B
$838.3B
Share capital
$5.8B
$6.0B
$6.3B
$6.5B
Share premium account
$18.9B
$18.8B
$18.7B
$18.6B
Other reserves
$10.5B
$10.0B
$8.5B
$6.2B
Retained profits
$6.2B
$5.6B
$5.5B
$6.1B
Ordinary shareholders’ equity
$41.5B
$40.4B
$39.0B
$37.3B
Other equity instruments
$5.6B
$6.3B
$5.9B
$6.9B
Total equity excluding non-controlling interests
$47.0B
$46.7B
$44.9B
$44.2B
Non-controlling interests
$225.0M
$154.0M
$226.0M
$251.0M
Total equity
$47.2B
$46.9B
$45.1B
$44.5B
Total equity and liabilities
$994.2B
$919.3B
$892.9B
$882.8B
Cash flow statement
Lloyds Banking Group plc cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Profit before tax
$6.7B
$6.0B
—
—
Change in operating assets
($40.7B)
($39.6B)
—
—
Change in operating liabilities
$35.4B
$23.6B
—
—
Non-cash and other items
$6.4B
$6.0B
—
—
Tax paid
($2.3B)
($1.3B)
—
—
Tax refunded
$200.0M
$970.0M
—
—
Net cash provided by (used in) operating activities
$5.7B
($4.4B)
—
—
Purchase of financial assets
($19.8B)
($10.5B)
—
—
Proceeds from sale and maturity of financial assets
$14.3B
$7.1B
—
—
Purchase of property, plant and equipment
($5.1B)
($4.4B)
—
—
Purchase of other intangible assets
($1.3B)
($1.3B)
—
—
Proceeds from sale of property, plant and equipment
$1.6B
$1.5B
—
—
Proceeds from sale of goodwill and other intangible assets
$0
$62.0M
—
—
Acquisition of businesses and joint ventures, net of cash acquired
$27.0M
($179.0M)
—
—
Net cash used in investing activities
($10.2B)
($7.7B)
—
—
Dividends paid to ordinary shareholders
($2.0B)
($1.8B)
—
—
Distributions in respect of other equity instruments
($463.0M)
($498.0M)
—
—
Distributions in respect of non-controlling interests
($51.0M)
($83.0M)
—
—
Interest paid on subordinated liabilities
($806.0M)
($622.0M)
—
—
Proceeds from issue of subordinated liabilities
$1.8B
$812.0M
—
—
Proceeds from issue of other equity instruments
$1.5B
$757.0M
—
—
Proceeds from issue of ordinary shares
99.0M
187.0M
—
—
Share buyback
-1.7B
-2.0B
—
—
Repayment of subordinated liabilities
($1.9B)
($819.0M)
—
—
Repurchases and redemptions of other equity instruments
($1.8B)
($1.8B)
—
—
Change in stake of non-controlling interests
$0
($2.0M)
—
—
Net cash used in financing activities
($5.4B)
($5.9B)
—
—
Effects of exchange rate changes on cash and cash equivalents
($378.0M)
($7.0M)
—
—
Change in cash and cash equivalents
($10.2B)
($18.0B)
—
—
Cash and cash equivalents at beginning of year
$70.8B
$88.8B
—
—
Cash and cash equivalents at end of year
$60.6B
$70.8B
$88.8B
$95.8B
Lloyds Banking Group plc cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Jun 30, 2025 · YTD
Jun 30, 2024 · YTD
Jun 30, 2023 · YTD
Profit before tax
$4.3B
$3.5B
$3.3B
$3.9B
Change in operating assets
($39.6B)
($9.2B)
($21.5B)
($589.0M)
Change in operating liabilities
$51.6B
$12.2B
$14.0B
$10.2B
Non-cash and other items
$2.4B
$2.3B
$1.7B
$2.2B
Tax paid
($968.0M)
($1.6B)
—
—
Tax refunded
$150.0M
$200.0M
—
—
Net cash provided by (used in) operating activities
$17.8B
$7.5B
($2.9B)
$14.8B
Purchase of financial assets
($13.6B)
($7.4B)
($5.8B)
($3.9B)
Proceeds from sale and maturity of financial assets
$9.4B
$4.7B
$5.3B
$3.7B
Purchase of property, plant and equipment
($2.6B)
($2.2B)
($2.9B)
($3.4B)
Purchase of other intangible assets
($827.0M)
($559.0M)
—
—
Proceeds from sale of property, plant and equipment
$837.0M
$620.0M
$642.0M
$534.0M
Net cash provided by (used in) other investing activities
$0
—
—
—
Acquisition of businesses and joint ventures, net of cash acquired
($58.0M)
($61.0M)
—
—
Net cash used in investing activities
($6.8B)
($4.8B)
($2.8B)
($3.1B)
Dividends paid to ordinary shareholders
($1.4B)
($1.3B)
($1.2B)
($1.1B)
Distributions in respect of other equity instruments
($229.0M)
($245.0M)
($269.0M)
($255.0M)
Distributions in respect of non-controlling interests
($32.0M)
($23.0M)
($3.0M)
($30.0M)
Interest paid on subordinated liabilities
($394.0M)
($411.0M)
($350.0M)
($344.0M)
Proceeds from issue of subordinated liabilities
$496.0M
$1.8B
$427.0M
$746.0M
Proceeds from issue of other equity instruments
$0
$749.0M
$0
$1.8B
Proceeds from issue of ordinary shares
63.0M
81.0M
170.0M
70.0M
Share buyback
-1.2B
-735.0M
-923.0M
-1.5B
Repurchases and redemptions of subordinated liabilities
($1.1B)
($904.0M)
$0
($1.2B)
Repurchases and redemptions of other equity instruments
($378.0M)
($641.0M)
($1.3B)
($135.0M)
Net cash used in financing activities
($4.2B)
($1.6B)
($3.4B)
($1.9B)
Effects of exchange rate changes on cash and cash equivalents