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Lloyds profit rose 81% to £1.7bn in fourth quarter
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Lloyds on 22 February reported a rise in pretax profit for the fourth quarter of 2022 on higher income and a lower impairment charge and issued 2023 guidance as it updated its mid-term targets.
The UK bank posted a pretax profit for the three months to 31 December of £1.76bn ($2.13bn) compared with £968m for the same period a year earlier and with £1.78bn expected by a company-compiled consensus.
The...
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