RE: Underlying profit & PPI1 Jun 2018 18:32
2015
Q1 Underlying �2.1bn Statutory �1.2bn
Q2 Underlying �4.3bn Statutory �1.2bn divi 0.75p
Q3 Underlying �6.3bn Statutory �2.1bn
Q4 Underlying �8.1bn Statutory �1.6bn divi 1.5p + 0.5p special
(Out - 4bn Ppi, other conduct 0.8bn, Volatility 1.6bn)
2016 results
Q1 Underlying �2.1bn Statutory �0.7bn
Q2 Underlying �4.2bn Statutory �2.4bn divi 0.85p
Q3 Underlying �6.1bn Statutory �3.3bn
Q4 Underlying �7.9bn Statutory �4.2bn divi 1.7p + 0.5p Special
(Out - 1bn Ppi, other conduct 1bn, Volatility 1.5bn)
2017 results
Q1 Underlying �2.1bn Statutory �1.3bn
Q2 Underlying �4.5bn Statutory �2.5bn divi 1p
Q3 Underlying �6.6bn Statutory �4.5bn
Q4 Underlying �8.5bn Statutory �5.3bn (+24%) divi 2.05p (+20%) + �1bn buyback program,
(Out - 1.65bn Ppi, other conduct 0.87bn, Volatility 0.7bn)
2017 results analysis -
Post tax profit �3.547bn (+41%)
�3.2bn total return to shareholders (+47%)
EPS 4.4p (+52%)
2018
Q1 Underlying �2bn Statutory �1.6bn (+23%)
(projected)
Q2 Underlying �4.8bn Statutory �3.4bn divi 1.2p
Q3 Underlying �6.8bn Statutory �5.3bn
Q4 Underlying �8.9bn Statutory �7.4bn divi 2.4p + �2.4bn buyback
(Out - other conduct 0.5bn, Volatility 0.5bn)
#Shhh, don't tell the algo's
A1