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2025 full year results

Our 2025 full year results were published on 29 January. See the highlights and download key documents in the investors hub.

Information for investors

Championing social housing

We believe everyone deserves the security of a safe and affordable home. That’s why we’re working with partners across the UK to build more social housing and create stronger futures for families and communities.

Social housing

Artificial Intelligence at Lloyds Banking Group

We’re reimagining how we operate by harnessing the full potential of AI – embedding it across our business to drive smarter decisions, faster outcomes, and better experiences. 

Visit the AI hub

    We're a leading UK-based financial services group with over 325 years' history and a unique family of household brands. Our purpose at Lloyds Banking Group is Helping Britain Prosper.

     

    2025 full year financial results

    "The Group demonstrated sustained strength in financial performance in 2025, including in the final quarter, with continued balance sheet and income growth, as well as strong cost discipline and credit performance. This enables total shareholder distributions of c.£3.9 billion for the year."  

     Charlie Nunn, Group Chief Executive

    £18.30bn

    Net income

    (+7% YoY)

    £9.76bn

    Operating costs

    (+3% YoY)

    £4.76bn

    Statutory profit after tax

    (+6% YoY)

    5% / 3%

    Loan / deposit growth

    (£22.0bn lending growth / £13.8 bn deposit growth)

    12.9%

    Return on tangible equity

    (14.8% excl Q3 motor charge)

    £3.9bn

    Total capital return

    (3.65p total dividend per share and £1.75bn buyback)

    Financial downloads

    Our 2025 highlights

    Charlie Nunn on our 2025 full year results

    Charlie Nunn, Group Chief Executive, on our financial results, strategic progress and forecast for the year ahead – along with the steps we're taking to support customers, businesses and communities across the UK.

    Watch video Video opens in a new tab

    Groundbreaking AI developments

    We unveiled the UK’s first multi-feature, AI-powered financial assistant, due to go live in early 2026. By harnessing cutting-edge AI, the assistant will transform the way our customers manage their money through the mobile app by providing 24/7 personalised financial coaching.

    This launch is a key milestone in our journey to harness the full potential of AI for the business.

    Supporting the UK housing market

    We’re the UK’s number one direct mortgage lender for first-time buyers, and 70,000 people purchased their first home with our help in 2025. We continue to support the UK housing market in numerous ways, and we aspire to a UK in which all households have access to affordable, safe and sustainable homes in places they want to live.  

    Financial empowerment

    Empowering our customers to meet their financial goals is just one of the ways that we’re Helping Britain Prosper. In 2025, customers opened more than 3.5 million new savings accounts across our brands, and 76,000 started investing with Ready Made Investments. 

    Convenient everyday banking

    We became the first major UK bank to launch an app feature which allows cash to be paid in at over 30,000 convenient locations nationwide, through a market-leading partnership with PayPoint.

    We also announced that customers of Lloyds, Halifax and Bank of Scotland can now use branches of any brand for their in-person banking, giving them greater choice, flexibility and convenience. 

    LinkedIn top company to work for

    We were ranked second in the LinkedIn Top Companies financial services list, identified as one of the best workplaces to grow your career in the finance sector. And we agree: with hubs across the UK and a fast-paced, dynamic environment with unlimited opportunities, you can fast-forward your career with us. 

    40 years of our charitable Foundations

    2025 marked 40 years of our charitable Foundations, founded in 1985 to provide vital support to small and local charities across the UK and Channel Islands, helping to tackle disadvantage in the communities that need it most. Since then, we’ve donated more than £800 million and supported nearly 70,000 small charities.

    Pioneering the future of finance

    Together with our partners we completed the UK’s first public blockchain transaction of digital assets using tokenised deposits. The tokenisation of deposits can revolutionise traditional banking, and will enable businesses to transact with greater speed, transparency and flexibility.

    10 years of the Consumer Digital Index

    The 2025 Consumer Digital Index marked the 10th edition of this landmark study of digital and financial capability in the UK. In the refreshed report we explored how people are responding and adapting to AI – one of the most transformative technologies in the digital space.

    Farming with nature

    We published an industry-leading farming report to help clients tackle climate and nature risk.

    Farming with nature: mapping the growth opportunity for UK agriculture is the most comprehensive analysis of its kind – mapping 5.1 million hectares of UK farmland – and demonstrates that sustainable farming is not only environmentally imperative but can be commercially viable.  

    Women and Retirement

    The Scottish Widows 2025 Women and Retirement Report looks at the unique challenges women face as they plan for retirement. Despite 20 years of progress in reducing the gender pensions gap, there is still work to do. But when women are given the right knowledge, tools and support, we can help them create a more secure future.  

    Working to end homelessness

    In 2025 we hit £5 million raised to support our charity partners Crisis and Simon Community Northern Ireland. Through fundraising, colleague volunteering, the Changing Lives grant programme and government lobbying, we’re working to end homelessness for good.

    Latest news and insight

    Bank on Lloyds: shaping the future of finance

    Charlie Nunn, Group Chief Executive, reflects on Lloyds Banking Group’s delivery of the largest digital transformation in UK financial services, and shares his confidence in shaping the future of finance.

    Read Charlie's article

    Group expects over £100 million in value from next‑generation AI in 2026

    Generative AI delivered around £50 million of value for Lloyds Banking Group in 2025, with more than £100 million in additional value expected this year as the Group extends its AI leadership position.

    Read the press release
     

    2026: the year of Agentic AI, and a new era for finance

    21 Jan 2026 | Rohit Dhawan

    Agentic AI is transforming finance in 2026. Discover how Lloyds Banking Group is leading with autonomous AI systems that enhance customer experience, operations, and innovation.

    Read Rohit's article

    Shaping finance as a force for good


    We’re creating a more sustainable and inclusive future for people and businesses, shaping finance as a force for good.
     

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    Purpose and strategy

    Our purpose is Helping Britain Prosper – it’s what drives us, what makes us different and defines how we profitably grow.

    Purpose and strategy
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    Sustainability

    We have an important role to play in creating a more sustainable and inclusive future for people and businesses, by shaping finance as a force for good.

    Sustainability

    How we're Helping Britain Prosper

    >£17bn
    lending to more than 70,000 first time buyers in 2025

    >£35bn
    new finance will be made available for UK businesses in 2026

    >£22bn
    funding to support the social housing sector since 2018

    70,000
    charities supported through our charitable Foundations

    Our brands

     

    With over 325 years' heritage across our family of brands, we serve and support the evolving needs of our customers and clients across the UK.

    Brand logos for: Lloyds Bank, Halifax, Bank of Scotland, Scottish Widows, Schroders Personal Wealth, MBNA, Black Horse, Lex Autolease, Birmingham Midshires, Embark Group, HGP, AMC, LDC, Lloyds Living, Cavendish Online and Tusker.

    About the Group

    Our history

    People are the engine of our success

     

    Our culture is more than just a statement. It's who we are, how we think, what we value and how we behave.

    Achieving my career goals and personal happiness

    Being based in our Bristol hub has enabled Sally to have the best of both worlds: a fast-paced career and a great lifestyle in the South West.

    Read Sally's story

    A life-long career in tech

    Dan is a Lead Software Engineer in the Group's devices lab, with a lifelong career in app development and AI.

    Read Dan's story

    Inclusivity goes beyond ethnic diversity

    Repi works as a solicitor for the Group and is also a one of our Ethnicity Network's role models as well as the chair of the Ethnicity Working Group for the Legal and Secretariat Division.

    Read Repi's story

    Careers at the Group