v3.25.4

Liquidity risk (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2025
Liquidity risk [Abstract] |
Schedule of Reconciliation of Group Funding to the Balance Sheet |
| At 31 December 2025 |  | At 31 December 2024
| Included in funding analysis £bn |  | Cash collateral received 1 £bn |  | Fair value and other accounting methods £bn |  | Balance sheet £bn |  | Included in funding analysis £bn |  | Cash collateral received 1 £bn |  | Fair value and other accounting methods £bn |  | Balance sheet £bn
Deposits from banks | 3.8 |  | 2.0 |  | – |  | 5.8 |  | 3.1 |  | 3.2 |  | (0.1) |  | 6.2
Debt securities in issue | 83.9 |  | – |  | (5.6) |  | 78.3 |  | 77.2 |  | – |  | (6.4) |  | 70.8
Subordinated liabilities | 11.7 |  | – |  | (1.8) |  | 9.9 |  | 12.2 |  | – |  | (2.1) |  | 10.1
Total wholesale funding | 99.4 |  | 2.0 |  |  |  |  |  | 92.5 |  | 3.2 |  |  |  |
Customer deposits | 496.5 |  | – |  | – |  | 496.5 |  | 482.7 |  | – |  | – |  | 482.7
Repurchase agreements at amortised cost | 38.6 |  | – |  | – |  | 38.6 |  | 37.8 |  | – |  | – |  | 37.8
Total equity | 47.9 |  | – |  | – |  | 47.9 |  | 45.9 |  | – |  | – |  | 45.9
Funding Sources | 682.4 |  | 2.0 |  |  |  |  |  | 658.9 |  | 3.2 |  |  |  |
1 The Group enters into derivatives and repurchase and reverse repurchase agreements with various counterparties which are governed by industry standard master netting agreements. The Group holds cash collateral on its balance sheet in respect of these agreements. At 31 December 2025, £2.0 billion (31 December 2024: £3.2 billion) was with bank counterparties, of which £1.5 billion (31 December 2024: £2.8 billion) relates primarily to the Global Markets business of Lloyds Bank Corporate Markets plc, whilst £0.5 billion (31 December 2024: £0.4 billion) relates to the Insurance business.
Schedule of Maturities of Liabilities | The table below analyses financial instrument liabilities of the Group, excluding those arising from insurance and participating investment contracts, on an undiscounted future cash flow basis according to contractual maturity, into relevant maturity groupings based on the remaining period at the balance sheet date; balances with no fixed maturity are included in the over 5 years category. In the case of dated subordinated liabilities, the maturity presented is based on call date where applicable. The Group’s preference shares have partially discretionary coupons and have been included in the below analysis.
| Up to 1 month £m |  | 1 to 3 months £m |  | 3 to 12 months £m |  | 1 to 5 years £m |  | Over 5 years £m |  | Total £m
At 31 December 2025 |  |  |  |  |  |  |  |  |  |  |
Deposits from banks | 1,872 |  | 421 |  | 1,930 |  | 1,579 |  | 10 |  | 5,812
Customer deposits | 428,915 |  | 23,351 |  | 35,640 |  | 9,722 |  | 503 |  | 498,131
Repurchase agreements at amortised cost | 11,966 |  | 9,750 |  | 7,866 |  | 6,773 |  | 3,147 |  | 39,502
Financial liabilities at fair value through profit or loss | 13,140 |  | 6,062 |  | 2,953 |  | 2,044 |  | 5,657 |  | 29,856
Notes in circulation | 2,118 |  | – |  | – |  | – |  | – |  | 2,118
Debt securities in issue at amortised cost | 408 |  | 9,959 |  | 22,797 |  | 40,064 |  | 13,427 |  | 86,655
Liabilities arising from non-participating investment contracts | 61,640 |  | – |  | – |  | – |  | – |  | 61,640
Lease liabilities | 35 |  | 59 |  | 200 |  | 446 |  | 392 |  | 1,132
Subordinated liabilities | 24 |  | 1,170 |  | 990 |  | 6,247 |  | 8,328 |  | 16,759
Total non-derivative financial liabilities | 520,118 |  | 50,772 |  | 72,376 |  | 66,875 |  | 31,464 |  | 741,605
Derivative financial liabilities |  |  |  |  |  |  |  |  |  |  |
Gross settled derivatives – outflows | 89,450 |  | 66,862 |  | 43,379 |  | 40,311 |  | 21,260 |  | 261,262
Gross settled derivatives – inflows | (88,088) |  | (65,410) |  | (42,508) |  | (38,949) |  | (18,853) |  | (253,808)
Gross settled derivatives – net flows | 1,362 |  | 1,452 |  | 871 |  | 1,362 |  | 2,407 |  | 7,454
Net settled derivative liabilities | 8,258 |  | 35 |  | 62 |  | 291 |  | 1,784 |  | 10,430
Total derivative financial liabilities | 9,620 |  | 1,487 |  | 933 |  | 1,653 |  | 4,191 |  | 17,884
| Up to 1 month £m |  | 1 to 3 months £m |  | 3 to 12 months £m |  | 1 to 5 years £m |  | Over 5 years £m |  | Total £m
At 31 December 2024 |  |  |  |  |  |  |  |  |  |  |
Deposits from banks | 1,809 |  | 673 |  | 904 |  | 2,775 |  | 105 |  | 6,266
Customer deposits | 437,693 |  | 14,873 |  | 24,811 |  | 6,127 |  | 256 |  | 483,760
Repurchase agreements at amortised cost | 8,974 |  | 5,169 |  | 15,300 |  | 9,416 |  | – |  | 38,859
Financial liabilities at fair value through profit or loss | 15,208 |  | 3,965 |  | 1,803 |  | 2,102 |  | 7,078 |  | 30,156
Notes in circulation | 2,121 |  | – |  | – |  | – |  | – |  | 2,121
Debt securities in issue at amortised cost | 3,704 |  | 10,367 |  | 13,624 |  | 38,973 |  | 8,519 |  | 75,187
Liabilities arising from non-participating investment contracts | 51,228 |  | – |  | – |  | – |  | – |  | 51,228
Lease liabilities | 28 |  | 65 |  | 241 |  | 574 |  | 461 |  | 1,369
Subordinated liabilities | 26 |  | 698 |  | 1,676 |  | 4,207 |  | 6,705 |  | 13,312
Total non-derivative financial liabilities | 520,791 |  | 35,810 |  | 58,359 |  | 64,174 |  | 23,124 |  | 702,258
Derivative financial liabilities |  |  |  |  |  |  |  |  |  |  |
Gross settled derivatives – outflows | 100,432 |  | 61,356 |  | 43,231 |  | 34,795 |  | 22,505 |  | 262,319
Gross settled derivatives – inflows | (97,653) |  | (59,238) |  | (41,319) |  | (32,333) |  | (18,950) |  | (249,493)
Gross settled derivatives – net flows | 2,779 |  | 2,118 |  | 1,912 |  | 2,462 |  | 3,555 |  | 12,826
Net settled derivative liabilities | 10,432 |  | 92 |  | 109 |  | 404 |  | 1,557 |  | 12,594
Total derivative financial liabilities | 13,211 |  | 2,210 |  | 2,021 |  | 2,866 |  | 5,112 |  | 25,420
Disclosure of maturity analysis for liquidity risk that arises from contracts within scope of IFRS 17 | The following table presents the estimated amount and timing of the remaining contractual discounted cash flows arising from insurance liabilities. The amounts presented do not include those relating to the liability for remaining coverage of contracts that are measured under the premium allocation approach.
| Less than 1 year £m | 1 to 2 years £m | 2 to 3 years £m | 3 to 4 years £m | 4 to 5 years £m | Over 5 years £m | Total £m
At 31 December 2025 |  |  |  |  |  |  |
Liabilities arising from insurance and participating investment contracts | (1,823) | (1,941) | (2,316) | (2,775) | (3,147) | (117,710) | (129,712)
Reinsurance contract liabilities | 3 | 3 | 3 | 2 | 2 | 12 | 25
Total | (1,820) | (1,938) | (2,313) | (2,773) | (3,145) | (117,698) | (129,687)
At 31 December 2024 |  |  |  |  |  |  |
Liabilities arising from insurance and participating investment contracts | (1,038) | (1,292) | (1,951) | (2,453) | (2,992) | (112,055) | (121,781)
Reinsurance contract liabilities | 3 | 3 | 3 | 3 | 2 | 13 | 27
Total | (1,035) | (1,289) | (1,948) | (2,450) | (2,990) | (112,042) | (121,754)
Schedule Of Insurance And Participating Investment Contract Liabilities Payable | Some of the Group’s insurance and participating investment contract liabilities are payable on demand as shown in the table below:
| 2025 |  | 2024
| Amounts payable on demand £m | Carrying amount £m |  | Amounts payable on demand £m | Carrying amount £m
Life | 122,691 | 118,931 |  | 110,402 | 107,909
Non-life | – | – |  | – | –
Total | 122,691 | 118,931 |  | 110,402 | 107,909
Schedule of Liabilities Arising From Insurance and Participating Investment Contracts | The table below shows the contractual maturity of the Group’s contingents, commitments and financial guarantees. Commitments are shown in the time band containing the earliest date the commitment can be drawn down. For financial guarantee contracts, the maximum amount of the guarantee is allocated to the earliest period in which the guarantee could be called.
| Up to 1 month £m | 1 to 3 months £m | 3 to 6 months £m | 6 to 9 months £m | 9 to 12 months £m | 1 to 3 years £m | 3 to 5 years £m | Over 5 years £m | Total £m
At 31 December 2025 |  |  |  |  |  |  |  |  |
Acceptances and endorsements | 97 | 6 | 2 | – | – | – | – | – | 105
Other contingent liabilities | 215 | 555 | 366 | 86 | 290 | 691 | 364 | 337 | 2,904
Total contingent liabilities | 312 | 561 | 368 | 86 | 290 | 691 | 364 | 337 | 3,009
Lending commitments and financial guarantees | 143,506 | 1,553 | 1,057 | 2,061 | 2,341 | 3,468 | 3,058 | 435 | 157,479
Other commitments | 95 | – | – | – | – | – | – | – | 95
Total commitments and financial guarantees | 143,601 | 1,553 | 1,057 | 2,061 | 2,341 | 3,468 | 3,058 | 435 | 157,574
Total contingents, commitments and financial guarantees | 143,913 | 2,114 | 1,425 | 2,147 | 2,631 | 4,159 | 3,422 | 772 | 160,583
At 31 December 2024 |  |  |  |  |  |  |  |  |
Acceptances and endorsements | 24 | 11 | 3 | 1 | – | – | – | – | 39
Other contingent liabilities | 208 | 357 | 225 | 115 | 370 | 547 | 211 | 533 | 2,566
Total contingent liabilities | 232 | 368 | 228 | 116 | 370 | 547 | 211 | 533 | 2,605
Lending commitments and financial guarantees | 134,283 | 1,416 | 1,729 | 1,562 | 3,367 | 2,755 | 3,140 | 256 | 148,508
Other commitments | 94 | 6 | 11 | – | – | – | – | – | 111
Total commitments and financial guarantees | 134,377 | 1,422 | 1,740 | 1,562 | 3,367 | 2,755 | 3,140 | 256 | 148,619
Total contingents, commitments and financial guarantees | 134,609 | 1,790 | 1,968 | 1,678 | 3,737 | 3,302 | 3,351 | 789 | 151,224

X
- Definition The disclosure of additional information that may be relevant to users of financial statements in understanding the financial position and liquidity of an entity. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Name IAS -Number 7 -IssueDate 2025-01-01 -Paragraph 50 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=7&code=ifrs-tx-2025-en-r&anchor=para_50&doctype=Standard -URIDate 2025-03-27 + Details
Name: | ifrs-full_DisclosureOfAdditionalInformationAboutUnderstandingFinancialPositionsAndLiquidityOfEntityExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the maturity analysis for liquidity risk that arises from contracts within the scope of IFRS 17. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 17 -IssueDate 2025-01-01 -Paragraph 132 -Subparagraph b -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=17&code=ifrs-tx-2025-en-r&anchor=para_132_b&doctype=Standard -URIDate 2025-03-27 + Details
Name: | ifrs-full_DisclosureOfMaturityAnalysisForLiquidityRiskThatArisesFromContractsWithinScopeOfIFRS17Explanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of a maturity analysis for non-derivative financial liabilities (including issued financial guarantee contracts) that shows the remaining contractual maturities. [Refer: Derivative financial liabilities] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Note Effective 2027-01-01 -Name IFRS -Number 19 -IssueDate 2025-01-01 -Paragraph 72 -Subparagraph a -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=19&code=ifrs-tx-2025-en-r&anchor=para_72_a&doctype=Standard -URIDate 2025-03-27 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2025-01-01 -Paragraph 39 -Subparagraph a -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2025-en-r&anchor=para_39_a&doctype=Standard -URIDate 2025-03-27 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Note Effective 2027-01-01 -Name IFRS -Number 19 -IssueDate 2025-01-01 -Paragraph 72 -Subparagraph a -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=19&code=ifrs-tx-2025-en-r&anchor=para_72_a&doctype=Standard -URIDate 2025-03-27 + Details
Name: | ifrs-full_MaturityAnalysisForNonderivativeFinancialLiabilities
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Liquidity risk [Abstract] + References No definition available. + Details
Name: | lyg_LiquidityRiskAbstract
Namespace Prefix: | lyg_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | lyg_MaturityAnalysisForCommitmentsAndContingentLiabilitiesTableTextBlock
Namespace Prefix: | lyg_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule Of Insurance And Participating Investment Contract Liabilities Payable + References No definition available. + Details
Name: | lyg_ScheduleOfInsuranceAndParticipatingInvestmentContractLiabilitiesPayableTableTextBlock
Namespace Prefix: | lyg_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration