LSE$LYG
Lloyd's Banking Group PLC · Q1 2025 earnings
Q1 2025 earnings · · Before market open · Investor relations
Briefing
Lloyds Banking Group reported strong Q1 2025 results with higher net income, increased EPS, and continued growth in net interest income and deposits.
Lloyds delivered a solid Q1 2025 with £4.4 billion in revenue and £1.1 billion in net income. EPS improved to 1.7p, and the bank maintained a stable CET1 ratio of 13.5%. Asset quality remained resilient, and capital generation was robust despite severance costs and temporary RWA increases.
- Net income reached £1.1 billion, supported by resilient asset quality.
- Revenue grew to £4.4 billion, driven by higher net interest income and other income.
- EPS per ADS was $0.085, reflecting stronger profitability.
- CET1 ratio held steady at 13.5%, reflecting strong capital generation.
Headline financials
Revenue & EPS history
Lloyd's · Revenue · Quarterly
$5.68B
Forward guidance
Lloyds reaffirmed its 2025 outlook with strong capital generation, operating cost discipline, and resilient asset quality.
Tailwinds
- Capital generation expected around 175bps for 2025
- Net interest income guidance maintained at approximately £13.5 billion
- Operating costs targeted at £9.7 billion for 2025
- Asset quality ratio expected to remain around 25bps
- CET1 ratio to be managed down to ~13.0% by end of 2026
Headwinds
- Temporary increase in RWAs impacted capital build
- Upfront severance costs raised Q1 expenses
- Ongoing mortgage and deposit headwinds
- No specific updates on cost of revenue or cash position
- EPS growth may be tempered by economic uncertainties
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2025
+42.5%
Avg return
Earnings day
-0.7%
Avg return
5 days after
+46.8%
Avg return
30 days after
55%
22 / 40 earnings
Positive
+1705.9%
Q1 2025
Best reaction
-10.6%
Q1 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | +0.3% | -1.7% | +1808.1% | |
| Q3 2025 | +1.3% | +3.5% | +2.0% | |
| Q1 2025 | +1705.9% | -2.8% | +6.6% | |
| Q4 2024 | +6.1% | +13.1% | +19.1% | |
| Q2 2024 | +2.7% | -9.7% | -15.0% | |
| Q3 2024 | +0.6% | -9.7% | -15.0% | |
| Q1 2024 | -1.6% | +0.0% | +4.0% | |
| Q4 2023 | +6.1% | +8.5% | +22.1% | |
| Q3 2023 | +1.0% | +0.0% | +9.8% | |
| Q2 2023 | -3.4% | -2.6% | -11.5% | |
| Q1 2023 | -4.2% | -2.1% | -4.2% | |
| Q4 2022 | +5.9% | +4.2% | -7.1% | |
| Q2 2022 | +4.3% | -0.5% | +14.9% | |
| Q3 2022 | -2.1% | -0.5% | +14.9% | |
| Q1 2022 | +1.8% | +6.2% | -3.3% | |
| Q4 2021 | -6.4% | -14.6% | -8.6% | |
| Q2 2021 | -3.5% | +4.2% | -8.3% | |
| Q3 2021 | +2.6% | +4.2% | -8.3% | |
| Q1 2021 | +5.4% | +0.8% | -7.4% | |
| Q4 2020 | -1.8% | -1.8% | +5.0% | |
| Q3 2020 | +2.2% | +7.2% | +40.6% | |
| Q1 2020 | -10.6% | -0.7% | +2.1% | |
| Q2 2020 | -8.3% | -0.7% | +2.1% | |
| Q4 2019 | -1.4% | -5.7% | -13.4% | |
| Q3 2019 | -1.0% | +0.3% | +5.1% | |
| Q2 2019 | -5.7% | -9.1% | -9.8% | |
| Q1 2019 | +0.9% | -1.7% | -17.7% | |
| Q4 2018 | +4.7% | -2.1% | -10.8% | |
| Q3 2018 | +1.4% | +1.4% | +2.8% | |
| Q2 2018 | -0.3% | -1.3% | +0.7% | |
| Q1 2018 | -2.4% | -0.9% | -5.4% | |
| Q4 2017 | +1.6% | -5.1% | -9.9% | |
| Q3 2017 | +1.9% | +1.9% | -1.1% | |
| Q2 2017 | -2.5% | -3.6% | -7.9% | |
| Q1 2017 | +3.7% | +4.0% | +6.5% | |
| Q4 2016 | +4.4% | +6.7% | +16.5% | |
| Q3 2016 | +3.7% | +3.3% | +8.1% | |
| Q2 2016 | -4.0% | -4.0% | +3.7% | |
| Q1 2016 | -3.4% | -14.1% | -3.7% | |
| Q3 2013 | -5.1% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro