Lloyds Banking Group PLC (LSE:LLOY)
£ 0.5422 -0.0024 (-0.44%) Market Cap: 32.55 Bil Enterprise Value: 55.16 Bil PE Ratio: 7.83 PB Ratio: 0.72 GF Score: 41/100

Q1 2022 Lloyds Banking Group PLC Interim Management Statement Call Transcript

Apr 27, 2022 / 08:30AM GMT
Release Date Price: £0.4577 (-0.25%)
Operator

There will be a presentation by William Chalmers following by a question-and-answer session. (Operator Instructions) Please note this call is scheduled for 1 hour. I must advise you that this call is being recorded today.

I will now hand over to William Chalmers. Please go ahead, sir.

William Leon David Chalmers
Lloyds Banking Group plc - Group CFO & Executive Director

Thank you, operator, and good morning, everybody. Thanks for joining our Q1 interim management call. As usual, I'll run through the group's financial performance in the first quarter of 2022 before we then open the line for Q&A.

It is only 9 weeks since Charlie and I outlined the group's new strategy alongside the full year results, so I do not intend to go through our strategic plans again today. I will nonetheless provide comments on this at the half year. Suffice to say, the group has embarked upon implementation of the plans we set out in February. Indeed, you may have seen the recent announcement on our new management structure, which is aligned with the new

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