Lloyds Bank: who owns it, who runs it and what the accounts show
Lloyds Bank PLC's person with significant control on the Companies House register is Lloyds Banking Group Plc. In the year to December 2025 Lloyds Bank PLC reported turnover of £34,528m.
- In the year to December 2025, Lloyds Bank had turnover of £34,528m, up 0.5% on the year before.
- It made a pre-tax profit of £5,472m.
- For a bank, the turnover shown here is gross income: interest received plus fees and other income, before the interest it pays out to savers and lenders. Its total income after that interest was £18,429m, and its group includes Bank of Scotland plc (the company behind Halifax), MBNA and Black Horse (accounts to 31 December 2025, pp. 1 and 171).
- It employed an average of 62,242 people, with staff costs of £4,471m.
- Lloyds Bank PLC is controlled by Lloyds Banking Group Plc, according to the Companies House register.
- These figures are from Lloyds Bank PLC's group accounts for the year to December 2025, filed at Companies House on 19 March 2026.
- Registered name
- LLOYDS BANK PLC
- Company number
- 00002065
- Status
- Active
- Incorporated
- 20 April 1865
- Registered office area
- East-Central London
- Industry code on the register
- 64191: Financial service activities (excl insurance and pension)
- Accounts
- Group accounts, covering the companies it owns
- Accounts type
- Full group accounts
- Latest accounts
- Year to December 2025, filed 19 March 2026
What does Lloyds Bank do?
Lloyds Bank is a UK high street bank, providing current accounts, savings, mortgages, credit cards, car finance and loans to households, and lending and banking services to businesses. It earns most of its income from interest, with the rest from fees and other income such as car leasing. These figures are for Lloyds Bank plc, the ring-fenced bank of Lloyds Banking Group, whose group accounts also include Bank of Scotland plc, the company behind Halifax and Bank of Scotland, as well as MBNA and Black Horse.
In brief: high street bank · ring-fenced bank · includes Halifax and Bank of Scotland · owned by Lloyds Banking Group
Source: Spark Intel editorial, checked 6 November 2026. Official website: lloydsbank.com.
Who owns Lloyds Bank?
The Companies House register records Lloyds Banking Group Plc as the person with significant control of Lloyds Bank PLC, company number 00002065. Lloyds Banking Group Plc is itself company number SC095000.
That places Lloyds Bank PLC inside a larger group. Its accounts are group accounts, covering the companies it owns as well.
The full ownership record is on the Companies House register. Control is given in the bands the register uses, not as exact shareholdings.
Who runs Lloyds Bank?
The Companies House register lists 17 current officers for Lloyds Bank PLC.
All 17 current officers
| Officer | Appointed |
|---|---|
| Amanda Felicity Mackenzie | 1 October 2018 |
| Sarah Elise Bentley | 1 January 2019 |
| Nigel Grant Hinshelwood | 1 January 2019 |
| Brendan Edward Gilligan | 1 January 2019 |
| Catharine Lucy Cheetham | 1 July 2019 |
| William Leon David Chalmers | 1 August 2019 |
| Sarah Catherine Legg | 1 December 2019 |
| Catherine Marie Woods | 1 March 2020 |
| Robin Francis Budenberg | 1 October 2020 |
| Charles Alan Nunn | 16 August 2021 |
| Harmeen Mehta | 1 November 2021 |
| Catherine Lucy Turner | 1 November 2022 |
| Nathan Mark Bostock | 1 August 2024 |
| Christiaan Franciscus Henricus Herman Vogelzang | 16 June 2025 |
| Danuta Gray | 1 July 2026 |
| Kelly Brian Bennett | 1 September 2026 |
| Christopher Stuart Rhodes | 1 November 2026 |
Every current officer, with appointment dates, is on the Companies House register.
What did Lloyds Bank file?
Lloyds Bank PLC reported turnover of £34,528m in the year to December 2025. That was up 0.5% on £34,343m the year before.
It reported 62,242 employees. The year before it reported 65,435.
It filed a pre-tax profit of £5,472m for the year, against a pre-tax profit of £4,688m the year before.
Staff costs came to £4,471m. That is an average of £72,000 a head. It ended the year with £37,720m at the bank and net assets of £41,909m. It paid dividends of £2,390m.
| Measure | Dec 2025 | Dec 2024 |
|---|---|---|
| Turnover | £34,528m | £34,343m |
| Pre-tax profit | £5,472m (filed) | £4,688m (filed) |
| Employees | 62,242 | 65,435 |
| Staff costs | £4,471m | £4,445m |
| Average staff cost per head | £72,000 | £68,000 |
| Bank and cash | £37,720m | £42,396m |
| Net assets | £41,909m | £39,667m |
| Dividends paid | £2,390m | £3,990m |
| Directors' pay | £11m |
What these figures cover: For a bank, the turnover shown here is gross income: interest received plus fees and other income, before the interest it pays out to savers and lenders. Its total income after that interest was £18,429m, and its group includes Bank of Scotland plc (the company behind Halifax), MBNA and Black Horse (accounts to 31 December 2025, pp. 1 and 171).
Read the accounts to December 2025 (PDF, Companies House) · every accounts filing
What do these figures mean? Turnover vs profit · Profit per £100 · Cash vs profit · Net assets · Group accounts
Are there any charges against Lloyds Bank?
Lloyds Bank PLC has registered 37 charges at Companies House, of which 34 are still outstanding. A charge is security a lender takes over a company's assets; one is satisfied when the lending behind it is repaid or released.
All 34 outstanding charges
| Charge holder | Created |
|---|---|
| The Trustees (As Defined in the Instrument) | 19 June 2026 |
| The Premiums Trustees (As Defined in the Instrument) | 8 May 2026 |
| The Society Incorporated by Lloyd's Act 1871 by the Name of Lloyd's, The Trustees (As Defined in the Instrument), The Beneficiaries (As Defined in the Instrument), The Premiums Trustees (As Defined in the Instrument) | 30 June 2025 |
| The Society Incorporated by Lloyd's Act 1871 by the Name of Lloyd's, The Trustees (As Defined in the Instrument), The Beneficiaries (As Defined in the Instrument), The Premiums Trustees (As Defined in the Instrument) | 18 March 2025 |
| Kfw as Assignee | 17 March 2025 |
| Kfw as Assignee | 17 March 2025 |
| Kfw as Assignee | 17 March 2025 |
| Kfw as Assignee | 17 March 2025 |
| Lloyds Banking Group Pensions Trustees Limited (In Its Capacity as Trustee of Lloyds Bank Pension Scheme No. 1) (and Its Successors in Title and Permitted Transferees) | 31 May 2024 |
| Lloyds Banking Group Pensions Trustees Limited (In Its Capacity as Trustee of Lloyds Bank Pension Scheme No. 2) (and Its Successors in Title and Permitted Transferees) | 31 May 2024 |
| The Society Incorporated by Lloyd's Act 1871 by the Name of Lloyd's, The Trustees (As Defined in the Instrument), The Beneficiaries (As Defined in the Instrument), The Premiums Trustees (As Defined in the Instrument) | 1 December 2023 |
| The Bank of New York Mellon | 27 June 2023 |
| The Society Incorporated by Lloyd's Act 1871 by the Name of Lloyd's, The Trustees (As Defined in the Instrument), The Beneficiaries (As Defined in the Instrument), The Premiums Trustees (As Defined in the Instrument) | 16 December 2022 |
| The Bank of New York Mellon, London Branch | 13 October 2021 |
| Fontwell Ii Securities 2020 Designated Activity Company, Registered Office at 5TH Floor the Exchange, George's Dock, Ifsc, Dublin 1, D01W3P9, Ireland | 8 January 2021 |
| The Society Incorporated by Lloyd's Act 1871 by the Name of Lloyd's, The Trustees (As Defined in the Instrument), The Beneficiaries (As Defined in the Instrument), The Premiums Trustees (As Defined in the Instrument) | 3 December 2020 |
| The Society Incorporated by Lloyd's Act 1871 by the Name of Lloyd's, The Trustees (As Defined in the Instrument), The Beneficiaries (As Defined in the Instrument), The Premiums Trustees (As Defined in the Instrument) | 3 December 2020 |
| Wetherby Iii Securities 2019 Designated Activity Company | 31 December 2019 |
| Housing Association Risk Transfer 2019 Designated Activity Company | 25 October 2019 |
| Bnp Paribas | 10 October 2019 |
| Bnp Paribas | 8 October 2019 |
| Ubs Ag (And Its Successors in Title and Permitted Transferees) | 10 September 2019 |
| Deutsche Bank Ag | 4 September 2019 |
| Bnp Paribas | 3 September 2019 |
| Goldman Sachs International | 29 August 2019 |
| The Governor and Company of the Bank of England as Security Trustee for the Security Beneficiaries | 19 June 2019 |
| The Governor and Company of the Bank of England as Security Trustee | 15 March 2019 |
| The Governor and Company of the Bank of England as Security Trustee | 13 March 2019 |
| Wetherby Ii Securities 2018 Designated Activity Company | 3 January 2019 |
| Cheltenham Securities 2017 Limited | 8 January 2018 |
| Wetherby Securities 2017 Limited | 22 December 2017 |
| Scottish Widows Limited | 9 August 2017 |
| Fontwell Securities 2016 Limited | 23 December 2016 |
| Salisbury Ii Securties 2016 Limited | 15 December 2016 |
Each charge, with its holder and dates, is on the Companies House register.
How Lloyds Bank compares
Of the 7 high street banks, Lloyds Bank is 1st on turnover, 5th on profit margin and 2nd on growth. HSBC UK keeps the most of every £100 of sales: £34.11.
| Rank | High street banks | Turnover | Profit per £100 |
|---|---|---|---|
| 1st | Lloyds Bank | £34,528m | £15.85 |
| 2nd | NatWest | £23,714m | £24.15 |
| + 5 more high street banks ranked |
Ranked by turnover. Profit per £100 is pre-tax profit for every £100 of turnover, shown only where the profit is filed.
Lloyds Bank files as Lloyds Bank PLC, whose person with significant control is Lloyds Banking Group Plc, with turnover of £34,528m in its latest filed year.
Questions about Lloyds Bank
What does Lloyds Bank do?
Lloyds Bank is a UK high street bank, providing current accounts, savings, mortgages, credit cards, car finance and loans to households, and lending and banking services to businesses. It earns most of its income from interest, with the rest from fees and other income such as car leasing. These figures are for Lloyds Bank plc, the ring-fenced bank of Lloyds Banking Group, whose group accounts also include Bank of Scotland plc, the company behind Halifax and Bank of Scotland, as well as MBNA and Black Horse.
Is Lloyds Bank bigger than NatWest?
Yes, by turnover. Lloyds Bank reported £34,528m in its latest accounts, against £23,714m at NatWest. Our Lloyds v NatWest page compares the two on profit, margin, growth and staff. Lloyds v NatWest →
Is Lloyds Bank bigger than Monzo?
Yes, by turnover. Lloyds Bank reported £34,528m in its latest accounts, against £1,724m at Monzo. Our Monzo v Lloyds page compares the two on profit, margin, growth and staff. Monzo v Lloyds →
How does Lloyds Bank compare with its rivals?
By turnover, Lloyds Bank is 1st of the 7 companies in our battle of the high street banks, ahead of NatWest. The battle ranks them on turnover, pre-tax profit, margin, growth and net assets. The battle of the high street banks →
Who owns Lloyds Bank?
The Companies House register records Lloyds Banking Group Plc as the person with significant control of Lloyds Bank PLC.
How much does Lloyds Bank make?
Lloyds Bank PLC reported turnover of £34,528m in the year to December 2025. It filed a pre-tax profit of £5,472m.
How many people work at Lloyds Bank?
Lloyds Bank PLC reported 62,242 employees in the year to December 2025.
Who runs Lloyds Bank?
The Companies House register lists 17 current officers for Lloyds Bank PLC. The full list, with appointment dates, is on the Companies House register.
- Figures come from Lloyds Bank PLC's filings at Companies House, company number 00002065, for the period shown at the top of the page.
- These are group accounts: they include the companies it owns.
- Pre-tax profit is the figure the company filed, for both years.
- A figure the filing does not disclose is shown as n/d. A zero in the filing is treated as not disclosed, never as nil.
- Rounding: below £0.1m in thousands, from £0.1m to £2m to one decimal place, from £2m to the nearest million.
- Ownership is shown in the control bands the register of people with significant control uses, not as exact shareholdings.
- Officers' names and appointment dates come from the Companies House register. Job titles come from the company's own website. The description of what the company does comes from its website, or is marked Spark Intel editorial where it is written from stable, checked facts, with the date either way.
Spark Intel, “Lloyds Bank: who owns it, who runs it and what the accounts show”, updated 6 November 2026. https://www.spark-intel.co.uk/companies/lloyds-bank/. Figures from Companies House filings for LLOYDS BANK PLC (00002065).
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