Company: LLOBF
Filing Date: 2025-10-23
Form Type: 6-K
Source: 0001160106-25-000041
Chunk: 6

Company: Lloyds Banking Group plc
Filing Date: 2025-10-23
Form: 6-K
Chunk 6
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,831 million (31 December 2024 : £ 860,809 million). Customer deposits of £ 496,722 million increased in the period by £ 13,977 million. Retail deposits increased £ 4,019 million in the period, including growth in Retail savings accounts, as a result of net inflows to limited withdrawal and fixed term deposits given the Group’s strong performance throughout the ISA season, and growth in European retail balances. This was alongside growth in current accounts, due to strength in customer income and subdued spend. Commercial Banking deposits were up £ 9,923 million , resulting from growth in targeted sectors . Deposits from banks increased by £ 2,172 million (31 December 2024: £ 6,158 million), while repurchase agreements at amortised cost reduced by £ 981 million (31 December 2024: £ 37,760 million). Financial liabilities at fair value through profit or loss increased by £ 2,435 million to £ 30,046 million at 30 September 2025 due to increased repurchase agreements. Derivative financial liabilities decreased by £ 5,744 million to £ 15,932 million as a result of market movements. Liabilities arising from insurance and investment contracts increased by £ 14,534 million reflecting the increase in policyholder investments. Other liabilities decreased by £ 2,754 million and included the effects of the disposal of the Group’s bulk annuity business, partially offset by increased provisions, primarily driven by the increase in relation to motor finance commission arrangements. Debt securities in issue increased by £ 6,536 million, with new issuances in the period, while subordinated liabilities reduced by £ 847 million. Total equity of £ 45,633 million at 30 September 2025 decreased from £ 45,888 million at 31 December 2024 . Profit for the period, the unwind of the cash flow hedging reserve and issuance of an AT1 capital instrument in February 2025 was more than offset by the impact of the ongoing share buyback programme, the dividends paid in May 2025 and September 2025, as well as the impact of redemptions of AT1 capital instruments in June 2025 and September 2025 and a lower pension surplus.

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FINANCIAL REVIEW (continued) Capital The Group’s common equity tier 1 (CET1) capital ratio reduced to 13.8% at 30 September 2025 (31 December