- Lloyds Banking press release ( NYSE: LYG ): 1H Non-GAAP EPS of £0.037.
- Net interest income of £6.14B (+13.3% Y/Y).
- Outlook Given the strong financial performance in the first half of 2022 and based on current macroeconomic assumptions, the Group is enhancing its 2022 guidance:
- Banking net interest margin now expected to be greater than 280 basis points • Continue to expect operating costs of c.£8.8 billion on the new reporting basis1
- Asset quality ratio now expected to be below 20 basis points
- Return on tangible equity now expected to be c.13 per cent
- Continue to expect risk-weighted assets at the end of 2022 to be c.£210 billion
- Capital generation now expected to be greater than 200 basis points
For further details see:
Lloyds Banking Non-GAAP EPS of £0.037, Net interest income of £6.14B