Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email Email * SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our Privacy noticeLloyds Banking Group has notched up a higher-than-expected annual profit haul despite significant provisions for motor finance compensation. Lloyds said it now expects underlying net interest income of around £14.9 billion for 2026, up from £13.6 billion in 2025. It also revealed it would share out a £405 million share bonus pool among workers, up 10% on 2024, “reflecting financial performance and delivery against the strategy”. Mr Nunn said the group was doubling down on investment in generative artificial intelligence (AI), which he said had directly provided a £50 million profit boost last year.