Lloyds Banking Group reported statutory profit before tax of £6.625 billion for the nine months ended 30 September 2026, up 42% from £4.678 billion in the same period of 2025. The jump was driven by higher total income and a lower remediation charge, according to the group’s Q3 Interim Management Statement published on 29 October 2026. Understanding the Lloyds Banking Group Q3 2026 results in full requires looking at these details closely.
This article summarises the Lloyds Banking Group Q3 2026 results as disclosed in the group’s regulatory filing, cross-checked against secondary reporting. The figures below are the ones Lloyds published itself; our role here is to lay them out clearly and point to what they imply for the UK retail banking sector.
The finding — what the results show — Lloyds Banking Group Q3 2026 results
The headline is a sharp year-on-year improvement in both the quarterly and the year-to-date numbers. Lloyds released the statement at 07:00 UK time on 29 October 2026, with a CFO presentation scheduled for 09:30. The event was reported by multiple outlets, including ADVFN, Webull and ad-hoc-news.
The key figures disclosed by the group are summarised below.
| Metric | Value |
|---|---|
| 9M 2026 statutory profit before tax | £6.625 billion |
| 9M 2025 statutory profit before tax | £4.678 billion |
| Year-on-year change (9M) | +42% |
| Q3 2026 net income | £1,666 million |
| Q3 2025 net income | £618 million |
| Q3 2026 YoY change | ~+170% |
| Q3 2026 revenue | £5,214 million |
| Q3 2026 net interest income | £3,828 million |
| 9M 2026 underlying net interest income | £11,106 million |
| 2026 guidance — underlying NII | above £14.9 billion |
| 2026 guidance — RoTE | above 16% |
What it means
The 42% increase in nine-month statutory profit is a large step up for a bank of this size. Lloyds itself attributes the swing to two factors: higher total income and a lower remediation charge. In plain terms, the group earned more and set aside less for past-conduct issues than in the comparable period of 2025. These figures put the Lloyds Banking Group Q3 2026 results into clearer perspective.
The Q3 standalone figure stands out even more. Net income of £1,666 million against £618 million a year earlier is roughly a 170% year-on-year increase, reflecting the same income growth and the easing of the remediation drag that weighed on the 2025 comparable quarter. Readers should treat the percentage change as mechanically correct but also sensitive to the low prior-year base. This context matters for anyone following the Lloyds Banking Group Q3 2026 results.
Group Chief Executive Charlie Nunn framed the quarter as follows: “The Group is delivering sustained strength in financial performance, with continued income growth, improving operating leverage and strong and stable credit performance.” Lloyds also reiterated its 2026 guidance for underlying net interest income above £14.9 billion and a return on tangible equity above 16%, signalling management confidence in the full-year trajectory. It is a central thread in the wider Lloyds Banking Group Q3 2026 results.
For the broader UK banking sector, a result of this scale from the country’s largest retail lender is widely seen as a read-across for peers facing the same rate and credit backdrop. We would caution, however, that one bank’s results do not define a sector, and that today’s statement is a quarterly update rather than a full set of audited annual accounts. Such details shaped how the Lloyds Banking Group Q3 2026 results unfolded.
Explore the full data behind this article: bank branches worldwide and ATMs worldwide in the gf6.com directory.
Methodology
The numerical content of this article is drawn exclusively from Lloyds Banking Group’s Q3 2026 Interim Management Statement, published via regulatory filing on 29 October 2026 and reported by ADVFN, with corroborating coverage from Webull and ad-hoc-news. The quotation attributed to Charlie Nunn is reproduced verbatim from the ADVFN/EQS regulatory filing.
gf6.com maintains a separate, independently curated worldwide directory of bank branches and ATMs, covering roughly 445,000 financial locations globally. That directory is editorial reference material and does not source or verify the earnings figures above; for context on the UK branch network you can browse banks in London. Nothing in this article should be read as investment advice.
Frequently asked questions
What did Lloyds Banking Group report for Q3 2026?
Lloyds reported Q3 2026 net income of £1,666 million on revenue of £5,214 million, with net interest income of £3,828 million for the quarter. The results were disclosed in the group’s Interim Management Statement on 29 October 2026.
How much did nine-month profit grow year on year?
Statutory profit before tax for the nine months to 30 September 2026 was £6.625 billion, up 42% from £4.678 billion in the same period of 2025. Lloyds attributes the increase to higher total income and a lower remediation charge.
Why is the Q3 year-on-year change so large?
Q3 2026 net income of £1,666 million compares with £618 million in Q3 2025, a move of about 170%. Part of that reflects genuine income growth, and part reflects a low comparable quarter affected by remediation.
What is Lloyds guiding for the full year 2026?
The group reiterated guidance for underlying net interest income above £14.9 billion and return on tangible equity above 16% for 2026. Nine-month underlying NII already stands at £11,106 million.
Where was the statement published and when?
Lloyds released the Interim Management Statement at 07:00 UK time on 29 October 2026, followed by a CFO presentation at 09:30. The filing was carried by ADVFN and picked up by other outlets the same day.
Is this article investment advice?
No. It is a plain-language summary of a public earnings disclosure. For investment decisions, consult the full regulatory filing and a qualified adviser.
This article was produced with AI assistance from publicly available sources and is handled under our editorial standards and AI policy.
I have been online since 1995. For many years, I worked in the e-commerce sector, setting up several online shops, and have always been interested in data analysis. In 2007, I moved to the Seychelles to work from there or as a digital nomad. In recent years, I have increasingly specialised in the financial sector. I manage the Seychelles’ Commercial Register and am also very familiar with the offshore world. GF6.com is a project I have been working on for many years. I built and curated the 445,000-entry bank database myself over a period of six years, and for the past two years or so I have also been using AI to achieve better structures.
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