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| Return to profit by Lloyds may prompt second share sale | Return to profit by Lloyds may prompt second share sale |
| (35 minutes later) | |
| Lloyds Bank has said it returned to profit in 2013. | Lloyds Bank has said it returned to profit in 2013. |
| Lloyds reported a statutory pretax profit of £415m ($690m) for the first time since its £20.5bn bailout. | Lloyds reported a statutory pretax profit of £415m ($690m) for the first time since its £20.5bn bailout. |
| UK Financial Investments which manages the government's 33% stake, sold a 6% shareholding in the bank last September. | UK Financial Investments which manages the government's 33% stake, sold a 6% shareholding in the bank last September. |
| The Chancellor of the Exchequer, George Osborne, has said he wants to sell more shares in the bank to the public before the next election in 2015. | The Chancellor of the Exchequer, George Osborne, has said he wants to sell more shares in the bank to the public before the next election in 2015. |
| In 2012, Lloyds made a loss of £606m. | In 2012, Lloyds made a loss of £606m. |
| Underlying profits in 2013 for the banking group rose 140% from £2.6bn to £6.2bn. | Underlying profits in 2013 for the banking group rose 140% from £2.6bn to £6.2bn. |
| Chief executive Antonio Horta-Osorio is in line for a deferred shares bonus worth £1.7m. | Chief executive Antonio Horta-Osorio is in line for a deferred shares bonus worth £1.7m. |
| The bank has increased its overall pool of bonuses for all staff to £395m, up from £365m the previous year. In all, 78% of that pool is in the form of shares. | The bank has increased its overall pool of bonuses for all staff to £395m, up from £365m the previous year. In all, 78% of that pool is in the form of shares. |
| The bank made £3.5bn more in provisions to compensate customers for past mis-selling. | |
| It said it expected to apply to the regulator in the second half of this year to pay a dividend in 2015. Investors have not had a dividend from Lloyds shares since 2008. |