Investegate |Lloyds Bank PLC Announcements | Lloyds Bank PLC: Lloyds Bank plc Q1 2021 Interim Management Statement
Lloyds Bank plc Q1 2021 Interim Management Statement LONDON, April 28, 2021 (GLOBE NEWSWIRE) -- REVIEW OF PERFORMANCE Income statement In the three months to 31 March 2021, the Group recorded a profit before tax of £1,768 million compared to £404 million in the same period in 2020, representing an increase of £1,364 million largely reflecting the improved economic outlook for the UK in the current quarter compared to the deterioration assumed in the first quarter of 2020. Profit after tax was £1,283 million. Total income decreased by £258 million, or 7 per cent, to £3,644 million in ...