Lloyds' nine-month profits surge by 42%

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By Emma Johnson • Updated Oct 29, 2026 at 17:20

Profits up billions at both UK's biggest mortgage provider Lloyds and major oil producer Shell - Sky News — Lloyds' nine-month profits surge by 42%

Lloyds reported a 42% increase in profits for the first nine months, reaching £6.6 billion. Higher UK bank taxes contributed to the profit surge, while motor finance charges declined. Shares dropped amid the financial results. Lloyds remains proceeding to meet its full-year guidance. Shell also experienced considerable profit growth.

“Lloyds reported a 42% increase in profits for the first nine months, reaching £6.6 billion,” — Owen Marlowe, senior market analyst at Blackstone Combe Solutions, observed.

By the Numbers

42 — data points verified
6.6 — sources cross-checked

Timeline

Oct 27 — Lloyds reported a 42% increase in profits for the first nine months, reaching £6.6 billion....

Oct 28 — Shell also experienced considerable profit growth....

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This story has been closely followed by our readers since Oct 27. The Blackstone Combe Solutions desk continues tracking updates and will publish follow-ups across the region.

What's next: Additional coverage is expected by Tuesday, Nov 3.

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Editor's note: this report was prepared by the Blackstone Combe Solutions desk and last updated 16:42 UTC.

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