EQS-News

Lloyds Banking Group PLC: 2023 Half-Year Results - Seite 3

 

RESULTS FOR THE HALF-YEAR (continued)

Enhancing guidance for 2023, delivering higher, more sustainable returns

Based on our purpose-driven strategy, robust financial performance and the Group's revised macroeconomic forecasts, we are enhancing our 2023 guidance and now expect:

• Banking net interest margin to be greater than 310 basis points
• Operating costs to be c.£9.1 billion
• Asset quality ratio to be c.30 basis points
• Return on tangible equity to be greater than 14 per cent
• Capital generation to be c.175 basis points1

 

 ¹  Excluding capital distributions and the impact of the Tusker acquisition. Inclusive of ordinary dividends received from the Insurance business.

 

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26.07.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
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Language:	English
Company:	Lloyds Banking Group PLC
	Gresham Street
	EC2V 7HN London
	United Kingdom
Phone:	020 7626 1500
Internet:	www.lloydsbankinggroup.com
ISIN:	GB0008706128
WKN:	871784
Listed:	Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; London, BX, SIX
EQS News ID:	1688961