Brief: Lloyds Posts PBT Of GBP 2,025 Mln; Reiterates 2026 Guidance
29/04/2026 07:40
April 29 (Reuters) - Lloyds Banking Group PLC LLOY.L: LLOYDS BANKING GROUP - 2026 Q1 INTERIM MANAGEMENT STATEMENT LLOYDS Q1 UNDERLYING NET INTEREST INCOME GBP 3,569 MILLION LLOYDS Q1 NET INTEREST MARGIN 3.17% LLOYDS Q1 PRETAX PROFIT GBP 2,025 MILLION LLOYDS: REITERATE OUR GUIDANCE FOR 2026 LLOYDS: FOR 2026 GROUP REITERATES ITS GUIDANCE LLOYDS - Q1 UNDERLYING IMPAIRMENT CHARGE £295 MILLION, ASSET QUALITY RATIO 25 BPS LLOYDS: A REMEDIATION CHARGE OF £11 MILLION WAS RECOGNISED BY THE GROUP IN THE FIRST THREE MONTHS OF 2026 LLOYDS: NO CHANGE TO PROVISION FOR MOTOR FINANCE COMMISSION ARRANGEMENTS, FOLLOWING ANNOUNCEMENT OF FINAL RULES OF INDUSTRY WIDE REDRESS SCHEME LLOYDS: Q1 MES CHARGE REFLECTS £151 MILLION IMPACT FROM THE DETERIORATION IN ECONOMIC OUTLOOK AS A RESULT OF THE MIDDLE EAST CONFLICT LLOYDS: Q1 UNDERLYING IMPAIRMENT CHARGE OF £295 MILLION INCLUDES A £101 MILLION NET CHARGE FROM UPDATED MULTIPLE ECONOMIC SCENARIOS Source text: ID:nRSc2942Ca Further company coverage: LLOY.L ((Reuters.Briefs@thomsonreuters.com;))