Lloyds Banking ‘confident’ in 2026 guidance

The company said, “Based on our current macroeconomic assumptions and confidence in our strategy, the Group is maintaining its medium-term guidance for 2026: Cost:income ratio of less than 50 per cent; Return on tangible equity of greater than 15 per cent; Capital generation of greater than 200 basis points; To pay down to a CET1 ratio of c.13 per cent.”