v3.26.1
CONDENSED CONSOLIDATED INCOME STATEMENT (UNAUDITED) - GBP (£)
£ in Millions
 6 Months Ended
Jun. 30, 2026
Dec. 31, 2025
Jun. 30, 2025
Profit or loss [abstract]      
Interest income £ 15,219 £ 15,382 £ 15,367
Interest expense (8,114) (8,630) (8,889)
Net interest income 7,105 6,752 6,478
Fee and commission income 1,752 1,654 1,464
Fee and commission expense (750) (726) (608)
Net fee and commission income 1,002 928 856
Net trading income 812 877 608
Insurance revenue 1,566 1,571 1,867
Insurance service expense (1,251) (1,134) (1,409)
Net expense from reinsurance contracts held (17) (111) (28)
Insurance service result 298 326 430
Net investment return on assets held to back insurance and investment contracts 16,152 18,528 5,316
Net finance expense in respect of insurance and investment contracts (15,960) (18,727) (5,317)
Net investment return and finance result in respect of insurance and investment contracts 192 (199) (1)
Other operating income 1,217 1,352 1,015
Other income 3,521 3,284 2,908
Total income 10,626 10,036 9,386
Operating expenses (5,717) (6,526) (5,440)
Impairment (616) (353) (442)
Profit before tax 4,293 3,157 3,504
Tax expense (1,170) (944) (960)
Profit after tax 3,123 2,213 [1] 2,544 [1]
Profit attributable to ordinary shareholders 2,836 1,922 2,274
Profit attributable to other equity holders 229 218 245
Profit attributable to equity holders 3,065 2,140 2,519
Profit attributable to non-controlling interests £ 58 £ 73 £ 25
Basic earnings per share (in GBP per share) £ 0.048 £ 0.032 £ 0.038
Diluted earnings per share (in GBP per share) £ 0.048 £ 0.032 £ 0.037
[1] 1Current tax and deferred tax impacts, previously shown in aggregate for each reserve, are now presented alongside each line
item. Comparatives are represented on a consistent basis.