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Lloyds posts £2.2bn Q1 profit
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fnlondon.comLloyds Banking Group on 3 May maintained its full-year guidance as it posted better-than-expected pretax profit for its first quarter on strong net income and capital generation.
The UK lender posted a pretax profit of £2.26bn ($2.82bn) for the three months to March 31, compared with £1.54bn for the same period a year earlier. It beat expectations taken from a company-compiled consensus that had estimated £1.95bn.
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