Lloyds Banking (GB:LLOY) has released an update.
Lloyds Banking Group PLC reported a half-year profit before tax of £3,324 million as of June 30, 2024, down from £3,870 million in the same period the previous year, with a profit after tax of £2,444 million. The company experienced a decrease in net interest income and an increase in interest expenses, yet maintained a consistent net fee and commission income. Total comprehensive income for the period was recorded at £1,967 million, showing the company’s resilience amidst financial fluctuations.
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