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Lloyds Banking Group (LYG) Q2 2026 earnings results (second quarter 2026)

6-K filed Jul 30, 2026

Lloyds Banking Group (LYG) reported revenue of $5.4B for the second quarter 2026 (Q2 2026), +16% from a year earlier and +5% from the quarter before. Operating margin was 41.7%, net earnings $1.4B (26.1% of revenue).

Revenue$5.4B
Year over year+16%
Quarter over quarter+5%
Operating margin41.7%
Net earnings$1.4B

Lloyds Banking Group, Q2 2026: revenue $5.4B (+16% year over year), operating margin 41.7%, net earnings $1.4B. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$5.4B+5%+16%
Operating profit$2.3B+12%+14%
Net earnings$1.4B+0.7%+12%

What changed

Revenue was £5.4B in Q2 2026, up 16% year over year and up 5% from the previous quarter.

Operating profit was £2.3B, a 41.7% margin (down 0.7 points year over year). Of the extra revenue versus a year earlier, 37% reached operating profit, below the 42% margin then. Total costs grew 17% against revenue growth of 16%. Net earnings were £1.4B, up 12% year over year. The effective tax rate was 30.9%.

Questions

What was Lloyds Banking Group's revenue in the second quarter 2026?

Lloyds Banking Group (LYG) reported revenue of $5.4B for the second quarter 2026 (Q2 2026), +16% from a year earlier and +5% from the quarter before.

Was Lloyds Banking Group profitable in the second quarter 2026?

Operating profit was $2.3B (41.7% of revenue) and net earnings $1.4B.

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Source: Lloyds Banking Group 6-K on SEC EDGAR.