Britain's Lloyds Bank reports first-quarter profit rise of 33%
29/04/2026 07:09
LONDON, April 29 (Reuters) - Lloyds Banking Group LLOY.L on Wednesday reported its first quarter profit rose 33%, beating analysts' forecasts, and said it was on track to meet its performance goals for the year as it increased lending income while trimming operating costs. The British lender reported statutory profit before tax for January-March of 2 billion pounds ($2.70 billion), up from 1.52 billion pounds in the same period a year ago and above the average analyst estimate of 1.84 billion pounds. ($1 = 0.7406 pounds) (Reporting by Lawrence White; Editing by Tommy Reggiori Wilkes) ((lawrence.white@tr.com; +44 7788 366940))