Electronic structure, molecular structure, and electronic spectra of lanthanide III mono-and bisporphyrin complexes are investigated using a DFT/TDDFT method. These complexes include YbP (acac), YbP 2 , [YbP 2 ] + , YbHP 2 , and [YbP 2 ] − (where P = porphine and acac = acetylacetonate). To shed some light on the origin of the out-of-plane displacement of Yb in YbP(acac), unligated model systems, namely planar D 4h and distorted C 4v YbP, were calculated. For comparison, the calculations were also extended to include the Ce IV P 2 and [Ce IV P 2 ] + systems. Even without an axial ligand, the lanthanide atom lies considerably above the porphyrin plane; the distortion of the YbP molecular structure from a planar D 4h to the non-planar C 4v symmetry leads to a considerable energy lowering. The axial ligand makes the metal out-of-plane displacement even larger, and it also changes the redox properties of the lanthanide mono-porphyrin. The ground state configurations of YbP 2 and YbHP 2 were determined by considering several possible low-lying states. YbP 2 is confirmed to be a singlehole radical. The special redox properties of the bis-porphyrin complexes can well be accounted for by the calculated ionization potentials and electron affinities. The TDDFT results provide a clear description of the UV-visible and near-IR absorption spectra of the various lanthanide porphyrins.