25 July 2025 Fixed Income Investors | Disciplined growth across our businesses | £384bn | £436bn | £52bn | | --- | --- | --- | --- | | | Customer Loans1 | Customer Deposits2 | AUMA | | | +3.2% vs Dec'24 | +1.0% vs Dec'24 | +5.9% vs Dec'24 | | Strong returns with | £8.0bn | £3.9bn | 18.1% | | attributable profit of | Income ex notable items3 | Costs4 | Return on Tangible Equity | | £2.5bn | +13.7% vs H1'24 | -1.4% vs H1'24 | vs 16.4% in H1'24 | | 101bps capital generation | 30.9p | 9.5p | 351p | | pre distri ...

Lloyds Banking Group (LYG) Q2 2025 Earnings Call July 24, 2025 04:30 AM ET Company ParticipantsCharlie Nunn - Executive Director & Group Chief ExecutiveWilliam Chalmers - Executive Director & CFOGuy Stebbings - Executive Director - European Banks ResearchBenjamin Toms - Director - EquitiesAmit Goel - Managing DirectorBenjamin Caven-Roberts - Vice PresidentAman Rakkar - Director - Banks Equity ResearchEdward Firth - Managing DirectorJason Napier - Head - European Banks ResearchChristopher Cant - Head of Bank ...

Strategy and Outlook - Sabadell aims for a Return on Tangible Equity (RoTE) of 16% by 2027[8, 97] - The bank anticipates a mid-single-digit Compound Annual Growth Rate (CAGR) for fees and commissions between 2024 and 2027[41, 51, 106, 147] - Sabadell projects a cost of risk (CoR) of approximately 40bps in 2027[41, 97, 117, 118, 119, 147] - The institution expects mid-single-digit growth in its loan book between 2024 and 2027[41, 94] Financial Performance and Capital Allocation - Sabadell plans to distribute a total of €6.3 billion to shareholders between 2025 and 2027 through dividends and share buybacks[83, 133, 138, 148, 152] - The bank's Common Equity Tier 1 (CET1) ratio target is 13% fully loaded[82, 83, 134, 147] - The company expects cash dividend per share in 2025, 2026 and 2027 to be higher than 2024[83, 139] Growth and Transformation Initiatives - The institution anticipates credit market share in Spain to grow 25-30bps from the current 80%[45] - Sabadell has observed a 46% to 59% of new lending with PD<1% in Dec'24[26] - The bank's digital customer acquisition is expected to increase by over 15% cumulatively between 2025 and 2027[54]