Helping Britain Prosper: annual report and accounts 2024
Our annual report provides disclosures relating to our strategic, financial, operational, environmental and social performance.
Sustainability
As the UK’s largest financial services provider, 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.
2024 results
Our 2024 full year results were published on Thursday 20 February at 7am. Charlie Nunn, Group Chief Executive and William Chalmers, Chief Financial Officer, then hosted a presentation at 9.30am.
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.
Latest news and insight
Reimagining banking with AI
14 March 2025 | Rohit Dhawan
Artificial Intelligence (AI) will revolutionise the financial services industry over the coming decade. And the transformation will be broad – impacting everything from customer experience to administrative operations.
40 years of Foundations
28 February 2025 | Lloyds Banking Group
Our charitable Foundations are celebrating 40 years of tackling social disadvantage and Helping Britain Prosper.
Putting power into the hands of our customers
20 February 2025 | Charlie Nunn
Charlie Nunn, Group Chief Executive, reflects on the Group's performance in 2024 and looks at what lies ahead in 2025.
More news and insight
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Sustainability Supporting business Housing Pensions Investment Digital technology
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2024 results highlights
"The Group delivered a robust financial performance in 2024. Pleasingly and as expected, income grew in the second half of the year and we maintained discipline in costs, whilst asset quality remained strong. This performance enabled total shareholder distributions of 3ドル.6 billion."
Charlie Nunn, Group Chief Executive
22.7m
Digitally active users
(+6% YoY)
£17.1bn
Net income
£4.5bn
Statutory profit after tax
12.3%
Return on tangible equity
(14.0% excluding motor charge)
3.17p
Total ordinary dividend per share
£1.7bn
Share buyback for 2024
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.
Our history
When the Group was formed in 2009 it brought together many well-known brands including Lloyds, Halifax, Bank of Scotland and Scottish Widows – with a combined history stretching back over 325 years.
Our future
In our strategy we set out an ambition to become a truly purpose-driven organisation, and we're taking steps to embed purpose at the core of our business, decision making, operations and culture.
How we're Helping Britain Prosper
>15ドルbn
of funding provided to first-time buyers.
>10ドルbn
of sustainable finance provided for Commercial Banking customers in 2024.
>2bn
new funding supported in the social housing sector in 2024.
c.35ドルm
donated to our Charitable Foundations in 2024.
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.
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.
Careers at the Group
Are you looking to fast forward your career?
There are over 28 million reasons to join Lloyds Banking Group. Join us as we reshape the future of finance.
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.
Music and Data & AI
Xinyi is pioneering AI and advanced analytics at the Group alongside her part-time role as a concert pianist.
We moved our job share from finance to nature
Having successfully job-shared for the past eight years and moved to a new role together in Group Environmental Sustainability, Annabelle and Clare are united by their hope for the future.
Living, working and thriving with Parkinson's
Despite being diagnosed with Parkinson's and undergoing major brain surgery, Simon is working full-time, enjoying a sporty lifestyle and even captained the England Parkinson’s football team.
A dynamic career in data
Caroline works in the world of data, and is passionate about bringing our services, and shared skills, into the future.
Building a career after a challenging educational experience
After a difficult time in school due to lack of support with his dyslexia, Michael has built a rewarding career in the Group.