Lloyd's (LYG.US) Q3 pre-tax profit beats expectations; impairment charges soar 78% year-over-year.

Zhito Finance APP has learned that Lloyds (LYG.US) third-quarter profit exceeded market expectations, mainly driven by growth in net interest income and fee income, and the bank also maintained its full-year guidance. Data shows that in the three months ended September 30, Lloyds' net interest income was 3.8 billion pounds (about 5.1 billion US dollars), up 10% year-on-year and in line with expectations; pre-tax profit for the quarter was 2.33 billion pounds, higher than the average analyst estimate of 2.29 billion pounds.