LONDON (Reuters) - Britain's biggest retail bank Lloyds Banking Group reported a 21 percent rise in underlying pretax profit for the first quarter, reflecting an improved margin and lower losses for bad debts.
The state-backed lender said on Friday it made a pretax profit before one-off items of 2.2 billion pounds ($3.4 billion) for the three months to the end of March, at the top end of expectations, according to a Reuters poll of analysts.
The bank said losses from bad debts fell 59 percent from a year ago to 177 million pounds and margins were better than expected, and it should exceed previous guidance on its net interest margin this year.
(Reporting by Steve Slater; Editing by Carolyn Cohn)
Relacionados
- Avanqua invertirá 25 millones en 15 años en el Ágora y L'Oceanogràfic
- General Motors invertirá 5.400 millones de dólares en sus plantas de EE.UU.
- General Motors invertirá 5.400 millones de dólares en plantas de EEUU
- Avanqua invertirá 25 millones en L'Oceanogràfic y el Ágora
- El Ayuntamiento de Soria invertirá 200.000 euros en una zona de ocio, deporte y recorrido de 'running' en Los Royales
