|Bid||66.00 x 2429200|
|Ask||68.54 x 2154700|
|Day's range||66.85 - 69.45|
|52-week range||50.68 - 73.58|
|PE ratio (TTM)||22.50|
|Dividend & yield||0.04 (4.86%)|
|1y target est||N/A|
Lloyds has taken a near £1bn hit - revealing it has set aside another £700m for PPI claims and £283m over mortgage arrears errors. Sky News revealed on Wednesday that the banking group was to repay nearly £300m to about 600,000 customers over failings in the way it applied mortgage arrears policies. The mortgage redress scheme is understood to centre on the way Lloyds applied policies relating to financial difficulty assessments, leading to some customers being charged in error between 2009 and 2016.
This document contains certain forward looking statements with respect to the business, strategy and plans of the Bank of Scotland Group and its current goals and expectations relating to its future financial condition and performance. Statements that are not historical facts, including statements about the Bank of Scotland Group's or its directors' and/or management's beliefs and expectations, are forward looking statements.
Lloyds Banking Group plc (LON: LLOY) could be a strong long-term share due to its improving performance.