Lloyds Banking Group said net profit fell sharply in the first half of the year as the U.K. bank was hit by a number of legacy charges including another sizable provision to cover wrongfully sold insurance products.
Lloyds Profit Hit By Provisions
WSJ.com: What's News US, Wall Street Journal: Home US
Thu, 07/31/2014 - 12:16am
BING NEWS:
- Lloyds quarterly profit drops 28% from bumper 2023 earnings
The lender said its statutory pre-tax profit for the first three months of the year hit £1.6 billion, down 28% from the £2.3 billion reported during the same period last year. I
04/23/2024 - 7:37 pm | View Link - Analysts Saw Lloyds Banking 1Q Pretax Profit GBP1.66B
By Elena Vardon Lloyds Banking maintained its full-year guidance as it reported a slightly better-than-expected net interest margin for the first quarter
04/23/2024 - 7:19 pm | View Link - More
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