Half Yearly Results stated:
First Half Pre-tax Profit £2.34B
First Half Net Loss £1.21B
First Half Loss/Share 6.5p
First Half Net Operating Income £9.83B
First Half Total Income £10.88B
Net Interest Margin Improved 10bps to 3.69%
Core Profit Before Tax Reduced 25% to £2,988m
CET1 Ratio Increased to 13.1%
Sees to Achieve a Greater Than 10% Group Return on Tangible Equity Over Time.
Tangible Net Asset Value Per Share Decreased to 284p
Charges for PPI of GBP700m
Keeps Dividend at 1.0p
As of 8:03am the stock was trading down c.1.19% at c.206.15p