|Bid||59.64 x 0|
|Ask||59.63 x 0|
|Day's range||58.97 - 60.53|
|52-week range||48.16 - 66.79|
|Beta (3Y monthly)||0.74|
|PE ratio (TTM)||21.29|
|Earnings date||31 Jul 2019|
|Forward dividend & yield||0.03 (5.51%)|
|1y target est||75.37|
Festive cheer and holiday rest can bring stock buying to the forefront of your mind. Don't forget to follow Warren Buffett's lead.
Royston Wild explains why 2020 could prove to be a disaster for FTSE 100 member Lloyds Banking Group (LLOY) and its share price. Come and take a look.
With election campaigning heating up, what could recent moves mean for Lloyds Banking Group? Jonathan Smith tries to extrapolate.
The LLOY share price looks too cheap to pass up today. But is the FTSE 100 dividend stock a great buy, or a possible disaster for your Stocks and Shares ISA?
The days of making easy money through buy-to-let are gone. This Fool thinks generating a second income through the stock market is far less hassle.
Standard Chartered joined some of its British rivals in cutting its chief executive's pension allowance on Friday after protests from shareholders, putting pressure on other banks such as Lloyds to follow suit. Standard Chartered said its CEO Bill Winters and Chief Financial Officer Andy Halford had agreed to have their pension allowances cut to 10% from 20% of their salary from January, putting them in line with the rest of its workforce in Britain. The bank's definition of 'total salary' includes both base salary and a fixed pay allowance paid in shares.
Lloyds shares (LON: LLOY) have appeal, says Edward Sheldon. However, there are other FTSE 100 (INDEXFTSE: UKX) stocks he'd buy first.
With its market-beating dividend yield and long-term growth potential, the Lloyds share price makes a great ISA investment, argues Rupert Hargreaves.
A mandatory 24-hour delay on all first-time payments from one bank account to another would cut mounting fraud in finance, UK lawmakers said in a report on Friday. Parliament's Treasury Select Committee said fraudsters stole over 600 million pounds ($777 million) from consumers in the first half of 2019 and regulators must crack down harder on scammers. With money transfers between accounts taking just seconds, customers or their bank have little time to be aware that a fraud has taken place, the report said.
PPI claims continue to impact profits, but Paul Summers thinks the dividends on offer from Lloyds Bank (LON: LLOY) make it one for income hunters to tuck away.
A daily overview of the top business, market, and economic stories to watch in the UK, Europe, and abroad.
The FTSE 100 blue-chip stock index dropped more than 1% on Thursday, under pressure from results-driven falls in Shell and Lloyds and the latest tensions over the U.S.-China trade situation. The main index ended 1.1% lower on its worst day in a month, lagging its European counterparts, while losses in the domestically focused FTSE 250 were capped at 0.5% in response to stronger sterling.
Surge of mis-selling claims before August deadline slashes quarterly profit from £1.8bn to £50m. Lloyds Banking Group has put aside a further £1.8bn to cover a surge in payment protection insurance (PPI) complaints before the August claims deadline, which nearly wiped out its quarterly profit. Including the PPI charge, the bank’s profit before tax slumped to £50m for the three months to 30 September, from a profit of £1.8bn in the third quarter last year. The result was weaker than expected. The latest charge is at the top end of estimates, and takes the group’s total bill to £21.8bn. PPI has become the banking industry’s biggest mis-selling scandal and Lloyds accounts for the lion’s share of the total bill, which has risen to £48bn and is expected to top £50bn. Lloyds shares were the biggest faller on the FTSE 100 index in early trading, dropping 2.7% to 56p. The City regulator had set a 29 August deadline to make a claim for compensation for mis-sold PPI, which sparked a surge in complaints in the final weeks, prompting Lloyds to suspend a share buyback programme. PPI was sold alongside loans and mortgages to cover repayments if customers fell ill or lost their jobs, but the insurance was often sold to people who did not want or need it. António Horta-Osório, the chief executive, said: “I am disappointed that our statutory result was significantly impacted by the additional PPI charge in the third quarter, driven by an unprecedented level of PPI information requests received in August.” William Chalmers, the bank’s new chief financial officer, said the charge reflected its “best estimate of what PPI might come out as” but he could not rule out further provisions. “When George walked out the door he said: ‘Never say never’ on the issue,” he quipped about his predecessor, George Culmer. Royal Bank of Scotland took a £900m PPI charge last week, which pushed the 62%-state-owned bank into a quarterly loss of £8m. Barclays set aside a further £1.4bn and reported an 80% plunge in profits. Lloyds also said its chairman, Lord Blackwell, would retire at or before next year’s annual meeting, after serving nine years on the board, including seven as chairman. The firm’s chief operating officer, Juan Colombás, will step down in July after four years in the job. Richard Hunter, head of markets at investment platform interactive investor, said: “The shares have had the benefit of a ‘Brexit bounce’ of late, rising 9% in the last three months as perception switched to ruling out the likelihood of a no-deal Brexit. That particular cloud will not be lifted in the immediate future, and on balance the third quarter numbers were largely uninspiring.”
Lloyds Banking Group came close to suffering a shock third-quarter pretax loss on Thursday after an increase in bad loans and a fresh 1.8 billion pounds ($2.3 billion) provision for mis-sold loan insurance payouts. Pretax profit of 50 million pounds fell short of a 163 million pound average analyst forecast as Britain's most costly consumer banking scandal continued to haunt the bank. As Britain's biggest mortgage lender, due in part to its Halifax business, and a key source of finance for small companies, Lloyds is seen as a bellwether for the UK economy, and most exposed to shaky sentiment among business and household borrowers unsettled by Britain's protracted exit from the EU.
Lloyds Banking Group came close to suffering a shock third-quarter pretax loss on Thursday after an increase in bad loans and a fresh 1.8 billion pounds provision for mis-sold loan insurance payouts. Pretax profit of 50 million pounds fell short of a 163 million pound average analyst forecast as Britain's most costly consumer banking scandal continued to haunt the bank. As Britain's biggest mortgage lender, due in part to its Halifax business, and a key source of finance for small companies, Lloyds is seen as a bellwether for the UK economy, and most exposed to shaky sentiment among business and household borrowers unsettled by Britain's protracted exit from the EU.
Investing.com -- They loved it yesterday, but Peugeot (PA:PEUP) shareholders are revolting at the thought of the merger with Fiat Chrysler Automobiles NV (MI:FCHA) now that the terms have been announced.