Lloyds Banking 2014 Pretax Profit Rises - Quick Facts

(RTTNews) - Lloyds Banking Group plc (LLOY.L, LYG) reported profit before tax of 1.76 billion pounds for the year ended 31 December 2014, compared to 415 million pounds, previous year. Profit attributable to equity holders was 1.41 billion pounds, compared to a loss of 838 million pounds. Profit per share was 1.6 pence, compared to a loss of 1.2 pence.

Underlying profit increased to 7.8 billion pounds from 6.2 billion pounds. Underlying earnings per share was 8.1 pence, compared to 6.6 pence.

Net interest income increased year-over-year to 10.66 billion pounds from 7.34 billion pounds.

The Board of Lloyds Banking Group announced the resumption of dividend payments, with a recommended dividend payment of 0.75 pence per share in respect of 2014.