Financial Performance - H1 2023 underlying profit was £4041 million, up 10% year-over-year[28] - Net interest income increased by 14% to £7004 million in H1 2023 compared to H1 2022[138] - The Group now expects net interest margin (NIM) for 2023 to be greater than 310bps[53, 56] - The Group now expects return on tangible equity (RoTE) for 2023 to be greater than 14%[30, 56] Costs and Asset Quality - H1 2023 operating costs were £4400 million, up 6% due to strategic investment, new business, and inflation[3, 5] - The Group continues to expect 2023 operating costs to be approximately £9100 million[5, 56] - H1 2023 impairment charge was £662 million[10, 65] - The Group continues to expect asset quality ratio (AQR) for 2023 to be around 30bps[10, 56] Capital and Lending - The Group's CET1 ratio was 142%[34, 65] - The Group expects capital generation for 2023, post CRD IV and transitional headwinds, to be approximately 175bps[36, 56] - Total lending was £4507 billion, down £16 billion or 04% in Q2[162]

[Form 6-K Filing Information](index=1&type=section&id=Form%206-K%20Filing%20Information) This section outlines Lloyds Banking Group plc's Form 6-K filing, covering its foreign private issuer status and share transaction exhibit [Filing Details](index=1&type=section&id=Filing%20Details) This section details the filing information for Lloyds Banking Group plc's Form 6-K, confirming its status as a foreign private issuer filing under Form 20-F - Registrant: **LLOYDS BANKING GROUP plc**[1](index=1&type=chunk) - Filing Type: **Form 6-K**, Report of Foreign Private Issuer pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934[1](index=1&type=chunk) - Annual reports are filed under **Form 20-F**[2](index=2&type=chunk) [Index to Exhibits](index=1&type=section&id=Index%20to%20Exhibits) The report includes a Regulatory News Service Announcement dated 30 June 2023, concerning transactions in the Company's own shares - Exhibit: Regulatory News Service Announcement, dated **30 June 2023**, regarding Transaction in Own Shares[4](index=4&type=chunk) [Share Buyback Program Details](index=1&type=section&id=Share%20Buyback%20Program%20Details) This section details Lloyds Banking Group's share buyback program, including daily transaction summaries and overall program status as of June 30, 2023 [Daily Transaction Summary (30 June 2023)](index=1&type=section&id=Daily%20Transaction%20Summary%20(30%20June%202023)) On 30 June 2023, Lloyds Banking Group plc purchased over 33 million ordinary shares as part of its ongoing buyback program, with a volume-weighted average price of 43.88 pence per share Ordinary Shares Purchased on 30 June 2023 | Metric | Value | | :--- | :--- | | Date of purchases | 30 June 2023 | | Number of ordinary shares purchased | 33,677,503 | | Highest price paid per share (pence) | 44.09 | | Lowest price paid per share (pence) | 43.20 | | Volume weighted average price paid per share (pence) | 43.88 | - Purchases were executed through **UBS AG, London Branch**[5](index=5&type=chunk) - The Company intends to **cancel** these purchased shares[6](index=6&type=chunk) [Overall Program Status](index=2&type=section&id=Overall%20Program%20Status) Since its commencement on 23 February 2023, the share buyback program has repurchased over 3.3 billion ordinary shares for a total consideration exceeding £1.5 billion, out of a planned £2 billion program Cumulative Share Buyback Program Status (as of 30 June 2023) | Metric | Value | | :--- | :--- | | Program Commencement Date | 23 February 2023 | | Total Shares Repurchased | 3,326,293,279 | | Total Consideration Paid (£) | 1,546,630,020 | | Maximum Program Size | Up to £2 billion | - The share buyback program, announced on **23 February 2023**, aims to repurchase up to **£2 billion** of ordinary shares[6](index=6&type=chunk) [Additional Information](index=2&type=section&id=Additional%20Information) This section provides contact information for investor relations and corporate affairs, along with details of the report's official signature [Contact Information](index=2&type=section&id=Contact%20Information) Contact details for Investor Relations and Corporate Affairs are provided for further inquiries regarding the Company's activities - Investor Relations Contact: **Douglas Radcliffe**, Group Investor Relations Director (douglas.radcliffe@lloydsbanking.com, +44 (0)20 7356 1571)[7](index=7&type=chunk) - Corporate Affairs Contact: **Matt Smith**, Head of Media Relations (matt.smith@lloydsbanking.com, +44 (0)20 7356 3522)[7](index=7&type=chunk) [Signatures](index=2&type=section&id=Signatures) The report was duly signed on behalf of Lloyds Banking Group plc by Douglas Radcliffe, Group Investor Relations Director, on 30 June 2023 - Signed by **Douglas Radcliffe**, Group Investor Relations Director, on behalf of **LLOYDS BANKING GROUP plc**[8](index=8&type=chunk)[9](index=9&type=chunk) - Date of signature: **30 June 2023**[9](index=9&type=chunk)

SECURITIES AND EXCHANGE COMMISSION Washington, D.C.20549 FORM 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 31 March 2023 LLOYDS BANKING GROUP plc (Translation of registrant's name into English) 5th Floor 25 Gresham Street London EC2V 7HN United Kingdom (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F..X.. Form 40-F Indicate by ...

SECURITIES AND EXCHANGE COMMISSION Washington, D.C.20549 FORM 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 24 February 2023 LLOYDS BANKING GROUP plc (Translation of registrant's name into English) 5th Floor 25 Gresham Street London EC2V 7HN United Kingdom (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F..X.. Form 40-F Indicate ...

Financial Performance - The profit before tax for the year ended December 31, 2022, was £6,928 million, slightly up from £6,902 million in 2021[13]. - Net interest income increased significantly to £13,957 million in 2022 from £9,366 million in 2021[13]. - Total income, net of insurance claims and changes in insurance and investment contract liabilities, was £18,209 million, compared to £16,324 million in 2021[13]. - Operating expenses decreased to £9,759 million in 2022 from £10,800 million in 2021[13]. - Underlying profit before tax for Lloyds Banking Group in 2022 was £7,448 million, a slight decrease of 1.2% from £7,536 million in 2021[16]. - Retail segment reported a profit of £4,497 million in 2022, down from £4,832 million in 2021, reflecting a decline of 6.9%[16]. - Commercial Banking segment achieved a profit of £1,861 million in 2022, a marginal increase of 0.9% compared to £1,844 million in 2021[16]. - Insurance, Pensions and Investments segment saw a significant increase in profit to £391 million in 2022, up 39.2% from £281 million in 2021[16]. - Other segment reported a profit of £699 million in 2022, an increase of 20.7% from £579 million in 2021[16]. - The Group's profit attributable to ordinary shareholders for 2022 was £5,021 million, down from £5,355 million in 2021[195]. Assets and Capital - As of December 31, 2022, Lloyds Banking Group's total assets were £877,829 million and the market capitalization was £30,555 million[12]. - The capital ratios as of December 31, 2022, were 19.7% for total capital, 17.1% for tier 1 capital, and 15.1% for common equity tier 1 capital[12]. - The Group's total assets decreased to £877,829 million in 2022 from £886,525 million in 2021[195]. - The Group's total lending as of December 31, 2022, amounted to £410,153 million, with personal lending accounting for 85.4% of the total[104]. Organizational Structure and Strategy - The Group's primary operating divisions include Retail, Commercial Banking, and Insurance, Pensions and Investments[14]. - The Group's new organizational structure was adopted on July 1, 2022, aligning with strategic objectives and enhancing performance assessment[36]. - Lloyds Banking Group aims to drive revenue growth and diversification, focusing on deepening and innovating in Consumer and targeting Corporate and Institutional offerings[34]. - The Group's strategy emphasizes becoming a UK-customer focused digital leader and integrated financial services provider, capitalizing on new opportunities[33]. Acquisitions and Investments - The Group completed the acquisition of Embark Group in February 2022, enhancing its Wealth proposition alongside Schroders Personal Wealth[30]. - In February 2023, the Group acquired 100% of Hamsard 3352 Limited ("Tusker"), expanding its salary sacrifice proposition within motor finance[31]. - The Group's acquisition of Hamsard 3352 Limited ("Tusker") aims to expand its salary sacrifice proposition within motor finance[175]. - A share buyback program was announced to repurchase up to £2.0 billion of outstanding ordinary shares, commencing on 23 February 2023[176]. Sustainability and Emissions - The company aims to reduce financed emissions by more than 50% by 2030, targeting net zero by 2050 or sooner[50]. - Scottish Widows targets to halve the carbon footprint of its investments by 2030, also on the path to net zero by 2050[50]. - The company plans to achieve net zero carbon operations by 2030, reducing direct carbon emissions by at least 75% and energy consumption by 50% compared to a 2018/2019 baseline[51]. - In 2022, the company achieved £7.9 billion in sustainable finance for corporate and institutional customers, with a target of £15 billion by 2024[52]. - The company financed £2.1 billion for electric vehicles in 2022, aiming for £8 billion by 2024[52]. - The company achieved £3.5 billion in green mortgage lending in 2022, with a target of £10 billion by 2024[52]. - The company has committed to reduce supply chain emissions by at least 50% by 2030, focusing on 123 suppliers contributing over 80% of supply chain carbon emissions[58]. - The total Scope 3 emissions from the supply chain in the baseline year 2021/2022 were 747,409 tonnes CO2e[59]. - The Group's estimated absolute financed emissions are based on total Group assets of £871.3 billion, with approximately 82% of the balance sheet in scope of the PCAF methodology[61]. - The Group aims to achieve its emissions reduction targets by 2030 and 2050, using 2019 as the baseline year for measuring progress[76]. - The Group has set a decarbonization target in line with the IEA NZE 2050 scenario for the automotive sector, expecting clients to align their targets accordingly[106]. - The Group plans a full exit from thermal coal power in the UK by the end of 2023 and from all entities operating thermal coal facilities by 2030[106]. - The Group has set a target for a 50% reduction in absolute emissions from oil and gas operations by 2030, equating to a reduction from 7.8 MtCO2e in 2019 to 3.9 MtCO2e[137]. Climate Risk and Management - Climate risk is considered a principal risk within the Enterprise Risk Management Framework, ensuring consistent integration across business activities[148]. - The company has made significant progress in embedding ESG risk management into credit processes, focusing on three key areas: ESG credit risk framework, portfolio management, and case management[156]. - The Group's climate risk policy is structured around eight principles to meet climate change ambitions and regulatory expectations[152]. - The company is focused on improving data quality for measuring climate risk, recognizing data limitations as a significant area of concern[156]. - The Group's financial planning process incorporates climate considerations, assessing the impact of climate change on financial statements and expected credit losses[109]. - The Group has established a centre of excellence to enhance climate scenario analysis capabilities, building on experiences from the Bank of England's Climate Biennial Exploratory Scenario exercise[161]. - The Group's preliminary assessment identified the agriculture sector as a key focus due to its significant impact on UK natural ecosystems[131].

Financial Performance and Key Metrics - The company reported a net income of GBP 18 billion, representing a 14% increase compared to 2021, supported by a higher net interest margin of 294 basis points and a 4% growth in other income [24][25] - Operating costs were GBP 8.8 billion, in line with guidance, reflecting a 6% increase year-over-year due to planned investments and costs associated with new businesses [39] - The return on tangible equity (RoTE) was 13.5%, with a capital generation of 245 basis points, enabling an increased ordinary dividend of 2.4p per share and a share buyback program of up to GBP 2 billion [10][25][46] Business Line Performance - The mortgage portfolio grew by GBP 3.7 billion in 2022, with GBP 1.2 billion of open book growth in Q4, while credit card balances increased by GBP 0.5 billion [26] - Commercial banking balances rose by GBP 1.2 billion, driven by growth in Corporate & Institutional and FX, despite some repayments of government support scheme loans [26] - Retail deposits increased by GBP 2.4 billion, although there was a decline of GBP 1.7 billion in Q4 due to seasonal effects and customer behavior [27] Market Data and Key Metrics - The company achieved a net interest income of GBP 13.2 billion, an 18% increase from the previous year, with average interest-earning assets at GBP 452 billion [28] - The net interest margin for Q4 was 322 basis points, up 24 basis points from the previous quarter, driven by base rate movements [28][30] - The company expects the net interest margin to be greater than 305 basis points in 2023, despite headwinds from mortgage refinancing and deposit repricing [30][47] Company Strategy and Industry Competition - The company’s strategy focuses on three pillars: driving revenue growth and diversification, strengthening cost and capital efficiency, and building a powerful enabling platform [11][13] - The strategic transformation aims for a five-year plan with clear deliverables, expecting to generate GBP 0.7 billion of additional revenues per annum by 2024 and GBP 1.5 billion by 2026 [14][19] - The company is committed to responsible investment and sustainability, having provided over GBP 13 billion in green and sustainable lending in 2022 [9][10] Management Commentary on Operating Environment and Future Outlook - Management expressed confidence in the strategic direction despite a challenging macroeconomic environment, highlighting the resilience of the customer base [3][12] - The outlook includes expectations of a mild recession in the UK, with base rates peaking at 4% and starting to decline in early 2024 [41] - The company anticipates a return on tangible equity of around 13% in 2023, increasing to greater than 15% by 2026, reflecting confidence in future performance [47] Other Important Information - The company has made significant investments in digital capabilities, with over 20 million digitally active customers, two years ahead of schedule [17] - The company is focused on enhancing its capital efficiency, with a closing CET1 ratio of 14.1%, above the target of 13.5% [46] - The impact of IFRS 17 is expected to lower reported other income in the near term but will have a neutral long-term effect on financial results [38][45] Q&A Session Summary Question: Net interest margin trajectory for 2023 - Management indicated that while the margin is expected to stabilize above 300 basis points, headwinds from mortgage refinancing and deposit migration will impact the margin throughout the year [52][55] Question: Deposit costs and migration assumptions - Management acknowledged the rapid rate changes and indicated that deposit migration is being monitored closely, with expectations of some movement from current accounts to savings accounts as customers seek higher returns [65][66]

Lloyds Banking Group plc (NYSE:LYG) Q2 2022 Earnings Conference Call July 27, 2022 4:30 AM ET Company Participants Charlie Nunn - Group Chief Executive William Chalmers - CFO Douglas Radcliffe - Head of IR Conference Call Participants Joseph Dickerson - Jefferies & Company Omar Keenan - Credit Suisse Jonathan Pierce - Numis Securities Rohith Chandra-Rajan - Bank of America Merrill Lynch Raul Sinha - JPMorgan Christopher Cant - Autonomous Research LLP Guy Stebbings - BNP Paribas Exane Martin Leitgeb - Goldma ...

Classification: Public LLOYDS BANKING GROUP 2022 Half Year Results Presentation Lloyds Banking Group 27 July 2022 Classification: Public 2 Introduction and business update Classification: Public Purpose • Resilient customer franchise • Strong financial performance with continued business momentum Helping Britain Prosper • Enhanced guidance for 2022 • Strength of performance enabling increased interim dividend • Strategic delivery and business model position the Group well Strong performance with confidence ...

Classification: Public LLOYDS BANKING GROUP 2021 Results Presentation Lloyds Banking Group Classification: Public | --- | --- | --- | --- | --- | --- | |-----------|----------------------------------------|-------------------------------------------------------------------------------|-------|-------|-------| | Agenda | | | | | | | Section 1 | Introduction | Charlie Nunn, Group Chief Executive | | | | | Section 2 | 2021 strategic and financial progress | William Chalmers, Chief Financial Officer | | | | | S ...

Form 20-F 2021 Lloyds Banking Group plc 2021 Annual Report on Form 20-F As filed with the Securities and Exchange Commission on 28 February 2022 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended 31 December 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d ...