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Lloyds profits down a fifth but mortgage business strong – Mortgage Finance Gazette

Summary by Mortgage Finance Gazette
In its annual results, Lloyds Bank Group has reported a pre-tax profit of £5.97bn for 2024, a fifth below the £7.5bn posted the prior year, and also undershooting analysts’ forecsasts. Underlying loans and advances to customers increased by £9.4bn in the year, including £2.1bn in… The post Lloyds profits down a fifth but mortgage business strong appeared first on Mortgage Finance Gazette.
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Mortgage Finance GazetteMortgage Finance Gazette

Lloyds profits down a fifth but mortgage business strong – Mortgage Finance Gazette

In its annual results, Lloyds Bank Group has reported a pre-tax profit of £5.97bn for 2024, a fifth below the £7.5bn posted the prior year, and also undershooting analysts’ forecsasts. Underlying loans and advances to customers increased by £9.4bn in the year, including £2.1bn in… The post Lloyds profits down a fifth but mortgage business strong appeared first on Mortgage Finance Gazette.

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morningstar.co.ukmorningstar.co.uk

Lloyds Earnings: Profits Below Expectations, Share Buybacks Announced

The bank's share price jumped 5% after reporting its 2024 figures.

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morningstar.co.uk broke the news in on Thursday, February 20, 2025.
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