Lloyds Banking Group plc (LYG)
| Market Cap | 42.39B |
| Revenue (ttm) | 24.87B |
| Net Income (ttm) | 5.96B |
| Shares Out | 61.42B |
| EPS (ttm) | 0.09 |
| PE Ratio | 7.11 |
| Forward PE | 8.31 |
| Dividend | $0.15 (5.29%) |
| Ex-Dividend Date | Aug 5, 2024 |
| Volume | 8,603,437 |
| Open | 2.790 |
| Previous Close | 2.790 |
| Day's Range | 2.780 - 2.810 |
| 52-Week Range | 2.000 - 3.240 |
| Beta | 1.24 |
| Analysts | Buy |
| Price Target | 2.75 (-1.79%) |
| Earnings Date | Oct 23, 2024 |
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]
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 StatementsAnalyst Forecast
According to 4 analysts, the average rating for LYG stock is "Buy." The 12-month stock price forecast is $2.75, which is a decrease of -1.79% from the latest price.
News
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.
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...
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...
Lloyds Bank PLC: 2024 Q3 Interim Management Statement
LONDON, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Lloyds Bank plcQ3 2024 Interim Management Statement23 October 2024
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.
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...
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...
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.
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...
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.
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...
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 ...
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 ...
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...
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...
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...
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...
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...
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 ...
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...
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...
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...
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.
How high can the Lloyds share price surge?
Lloyds Bank (LON: LLOY) share price continued its remarkable comeback this week after the latest UK inflation numbers dampened hopes of rate cuts. It is in its third consecutive week of gains and is h...
Activists disrupt Lloyds Bank shareholder meeting
Activists disrupted Lloyds Banking Group's annual shareholder meeting in Glasgow on Thursday, protesting against its alleged provision of financial services to defence firms linked to violence in the ...