British Lloyds Banking profit rises 46% by September to 5.753 billion euros

Lloyds Banking Group reported a 46% increase in net profit to £4.835 billion for the first nine months of 2026. Total revenues rose by 9% to £14.819 billion, with a pre-tax profit increase of 42%. The cost-to-income ratio improved to 49.3%, while asset quality ratio was 0.25%. The CET1 capital ratio stood at 13.3%, slightly down from 13.6% in June. CEO Charlie Nunn highlighted the bank's strong financial performance and continuous revenue growth.