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LBG Loan Performance Q1 2019 Update by saxobob is a document available to read on EtoBox.
1) Lloyds Banking Group reported a strong start to 2019 with continued progress on their strategic plan to digitize operations and enhance customer propositions. 2) Key financial metrics improved, with underlying profit up 8% to £2.2 billion, statutory profit after tax up 2% to £1.2 billion, and earnings per share up 2% to 1.49p. 3) The group achieved a cost:income ratio of 44.7% and return on tangible equity of 12.5%, reflecting good cost control and resilient net interest margin of 2.91%, despite asse
- Author
- saxobob
- Language
- EN