Lloyds reinstates bumper bonuses for staff as profits surge to £6.9bn and mortgage lending booms - but shares sink 11% as it fails to hit forecasts Lloyds Banking Group saw its profit rise to £6.9bn in 2021, up from £1.2bn Spate of bad debt provisions fell and mortgage lending surged over the period But, the group revealed charges for past misdeeds of £1.3bn, results showed Boss said bank on 'heightened alert' over potential Russian cyberattcks Shares in the FTSE 100-listed lender fell over 10% in trading this afternoon
lol doesnt matter really, if interest rates go higher banks will benefit, they could be winners over the next 5 years metro probably get taken out at some point, always been a takeover target