Lloyds Banking Group plc (LYG)

NYSE: LYG · Real-Time Price · USD
2.700
-0.050 (-1.82%)
Dec 27, 2024, 4:00 PM EST - Market closed
-1.82%
Market Cap 41.43B
Revenue (ttm) 24.87B
Net Income (ttm) 5.96B
Shares Out 61.42B
EPS (ttm) 0.09
PE Ratio 6.95
Forward PE 8.20
Dividend $0.15 (5.48%)
Ex-Dividend Date Aug 5, 2024
Volume 7,785,975
Open 2.710
Previous Close 2.750
Day's Range 2.690 - 2.730
52-Week Range 2.000 - 3.240
Beta 1.24
Analysts Buy
Price Target 2.75 (+1.85%)
Earnings Date Feb 20, 2025

About LYG

Lloyds Banking Group plc, together with its subsidiaries, provides a range of banking and financial services in the United Kingdom and internationally. It operates in three segments: Retail; Commercial Banking; and Insurance, Pensions and Investments. The Retail segment offers a range of financial service products, including current accounts, savings, mortgages, motor finance, unsecured loans, leasing solutions, and credit cards to personal customers. The Commercial Banking segment provides lending, transactional banking, working capital manage... [Read more]

Sector Financials
Founded 1695
Employees 62,569
Stock Exchange NYSE
Ticker Symbol LYG
Full Company Profile

Financial Performance

In 2023, Lloyds Banking Group's revenue was 18.41 billion, an increase of 26.72% compared to the previous year's 14.53 billion. Earnings were 4.93 billion, an increase of 45.56%.

Financial numbers in GBP Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for LYG stock is "Buy." The 12-month stock price forecast is $2.75, which is an increase of 1.85% from the latest price.

Price Target
$2.75
(1.85% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Lloyds Banking Group Digital Transformation Strategy Report 2024 - Accelerators, Incubators and Innovation Programs

Lloyds Banking Group Pioneers Future of Banking with Strategic Tech Investments and Digital Initiatives Lloyds Banking Group Pioneers Future of Banking with Strategic Tech Investments and Digital Init...

4 weeks ago - GlobeNewsWire

UK Retail Banking Competitor Benchmarking Report 2024: Financial Performance of the Top 15 Banks - Lloyds Banking Group Remains the Leading Provider

Dublin, Nov. 22, 2024 (GLOBE NEWSWIRE) -- The "UK Retail Banking: Competitor Benchmarking 2024" report has been added to ResearchAndMarkets.com's offering. This report discusses the financial performa...

5 weeks ago - GlobeNewsWire

Lloyds, Close Brothers fall after UK motor finance ruling

Shares in Lloyds and Close Brothers Group fell on Friday after London's Court of Appeal ruled that motor finance brokers owe duties to their customers.

2 months ago - Reuters

Lloyds Banking Group plc (LYG) Q3 2024 Earnings Call Transcript

Lloyds Banking Group plc (NYSE:LYG) Q3 2024 Earnings Conference Call October 23, 2024 4:30 AM ET Company Participants William Chalmers - Executive Director & CFO Conference Call Participants Aman Rak...

2 months ago - Seeking Alpha

Lloyds Banking Group: NIM Expansion Powers A Solid Q3

Lloyds Banking Group plc recently released Q3 2024 earnings, beating consensus on both the top and bottom lines. Return on tangible equity was a healthy ~15%. The bank's net interest margin expanded o...

2 months ago - Seeking Alpha

Lloyds Bank PLC: 2024 Q3 Interim Management Statement

LONDON, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Lloyds Bank plcQ3 2024 Interim Management Statement23 October 2024

2 months ago - GlobeNewsWire

Lloyds Banking Sticks to Guidance After Profit Beats Market Views

The U.K.'s largest mortgage provider confirmed its full-year guidance after pretax profit and revenue in the third quarter both fell by less than expected.

2 months ago - WSJ

Britain's Lloyds Bank Q3 profit holds flat, beating forecasts

Lloyds Banking Group reported third quarter profits that exceeded expectations on Wednesday, and reaffirmed its performance guidance for 2024, citing increasing financial confidence among its customer...

2 months ago - Reuters

The UK should lean on private investment, says Lloyds Banking CEO

“We estimate that there's about £40-50 billion worth of investment per year for the next 20 years” Lloyds Banking Group CEO Charlie Nunn tells Francine Lacqua that the UK government should lean on pri...

2 months ago - Bloomberg Markets and Finance

Lloyds share price sits and waits: Oct. 23 will be key

Lloyds Banking Group (LON: LLOY) share price has done well this year and is hovering near the year-to-date high of 60.66p. It has soared by over 200% from its lowest point in 2020.

3 months ago - Invezz

Buy Lloyds Banking Group For Its Dividend Yield Of 5.2%

Lloyds Banking Group plc offers a sustainable high-dividend yield and attractive valuation, making it a compelling income pick in the European banking sector. Lloyds maintains a strong position in the...

3 months ago - Seeking Alpha

UK shares forecasts: Ocado, Lloyds, BT Group

UK stocks have gone nowhere in the past few months. The FTSE 100 index was trading at £8,235 on Tuesday, a few points above last week's low of £8,167 and 4.12% from its lowest level in August.

3 months ago - Invezz

Lloyds and Barclays share prices have risen in 2024: more upside?

Lloyds and Barclays share prices have held steady in the past few days as investors focus on the British economy. Barclays (BARC) stock was trading at 220p on Wednesday, 12% higher than this month's l...

Other symbols: BCS
4 months ago - Invezz

Lloyds share price could rise by another 43% soon

Lloyds (LON: LLOY) share price is looking for direction as the company braces for headwinds in key segments. Britain's biggest bank was trading at 56p on Wednesday, down by over 7.4% from its highest ...

5 months ago - Invezz

Lloyds Taps AWS Vet Rohit Dhawan to Lead AI Efforts

British banking giant Lloyds has picked an Amazon Web Services veteran as its AI head. Rohit Dhawan has been named Lloyds' director of artificial intelligence (AI), overseeing the firm's AI Center of ...

5 months ago - PYMNTS

Lloyds Banking Group: NIM Dynamics Still Playing Out As Expected

Shares of British bank Lloyds have continued to do well since my last update in May, outperforming broader European financials by around ten points in that time. Q2 was good enough for Lloyds, with ne...

5 months ago - Seeking Alpha

Lloyds Banking Group plc (LYG) Q2 2024 Earnings Call Transcript

Lloyds Banking Group plc (NYSE:LYG) Q2 2024 Earnings Conference Call July 25, 2024 4:30 AM ET Company Participants Charlie Nunn - Executive Director and Group Chief Executive William Chalmers - Execu...

5 months ago - Seeking Alpha

Lloyds Bank plc: 2024 Half-Year Results

LONDON, July 25, 2024 (GLOBE NEWSWIRE) -- Member of the Lloyds Banking Group   CONTENTS       Financial review 1         Risk management     Principal risks and uncertainties 3   Capital risk 4   Cred...

5 months ago - GlobeNewsWire

In Full: Lloyds Banking CEO on Profit, Investors, Mortgages

Lloyds Banking Group Chief Executive Officer Charlie Nunn discusses the company's performance as pretax profit beat estimates in the second quarter. Speaking on Bloomberg Television, Nunn also talks a...

5 months ago - Bloomberg Markets and Finance

Lloyds posts falling H1 pretax profit, lending margins hold firm

Lloyds Banking Group reported a 14% fall in first half pretax profit to 3.3 billion pounds ($4.25 billion) on Thursday, broadly in line with forecasts, as lending margins held firm in the face of moun...

5 months ago - Reuters

Lloyds Bank and Oaktree Partner to Launch a New Direct Lending Facility

LONDON--(BUSINESS WIRE)--Lloyds Bank and Oaktree Capital Management, L.P. have today announced a strategic partnership (the “Partnership”) to support UK middle-market sponsor-backed borrowers. Lloyds ...

5 months ago - Business Wire

Lloyds share price could be at risk of a harsh reversal in July

Lloyds (LON: LLOY) share price has stalled in the past few weeks as investors focus on the upcoming UK election and Bank of England (BoE) interest rate decision. It was trading at 55.6p on Monday, dow...

6 months ago - Invezz

Lloyds CEO expects $380 mln UK business banking revenue boost

Lloyds Banking Group is set to make an extra 300 million pounds ($380 million) a year in revenue by 2026 from its business banking unit, CEO Charlie Nunn said on Thursday, as corporate confidence pick...

6 months ago - Reuters

3 reasons why Lloyds share price could rebound soon

Lloyds (LON: LLOY) share price has pulled back in the past few weeks as the focus shifts to the upcoming Bank of England (BoE) decision. After peaking at 57.36p in May, the stock has crashed by over 4...

6 months ago - Invezz

Britain's Lloyds Bank consolidates London offices

Lloyds Banking Group will leave one of its London office sites as part of a consolidation into three remaining premises, the British bank said on Thursday.

7 months ago - Reuters