Bank of Scotland releases 2024 annual financial report

LONDON - Bank of Scotland plc, a subsidiary of Lloyds Banking Group (LON:LLOY), has announced the submission of its Annual Report and Accounts for the year ended December 31, 2024. The report, which provides detailed information on the bank’s financial performance, was made available today to the National Storage Mechanism and can also be accessed through the Investors section of the Lloyds Banking Group website.

The document contains a comprehensive overview of the bank’s financial results, including profit attributable to shareholders, capital structure, net interest margin, liquidity, and risk-weighted assets, among other key financial metrics. It also outlines the bank’s future business strategies, plans, and current goals, as well as its environmental, social, and governance (ESG) targets and commitments.

The report includes forward-looking statements regarding the bank’s anticipated future financial position and performance. These statements are based on management’s current beliefs and expectations and are subject to various risks and uncertainties that could cause actual results to differ materially. Factors that may influence the bank’s future include changes in economic conditions, market trends, regulatory changes, and geopolitical events.

Bank of Scotland’s disclosures in the report also address potential future challenges and opportunities, including the impact of evolving customer behavior, technological advancements, and the competitive landscape. The bank emphasizes its commitment to maintaining strong capital and liquidity positions to support sustainable growth and meet the needs of its customers.

This announcement is made in accordance with the Disclosure and Transparency Rules (DTR) 4.1, ensuring transparency and regular communication with investors and the market.

Investors and interested parties are directed to the bank’s website for further details and to view the full text of the Annual Report and Accounts for 2024. The information contained in this article is based on a press release statement from Bank of Scotland plc.

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