The bank reported pre-tax profit of 6.9 billion pounds for 2022, unchanged on the previous year and in line with analyst forecasts it had compiled.
Expenses also rose 6% to 8.8 billion, partly due to rising wage bills as Lloyds boosted its staff bonus pool by 12% to 446 million pounds.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
It’s well covered and a good buy sun .50p