LLOY.L - Lloyds Banking Group plc
| Previous close | 66.12 |
| Open | 65.63 |
| Bid | 64.60 x 2429200 |
| Ask | 67.90 x 2154700 |
| Day's range | 64.62 - 66.14 |
| 52-week range | 62.20 - 73.58 |
| Volume | 193,271,592 |
| Avg. volume | 176,511,712 |
| Market cap | 46.765B |
| Beta | 0.14 |
| PE ratio (TTM) | 13.54 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.03 (4.55%) |
| Ex-dividend date | 2018-04-19 |
| 1y target est | N/A |
- MarketWatch•5 hours ago
FTSE 100 breaks 6-day win streak after rising bond yields spur selloff on Wall Street
U.K. stocks dropped Wednesday, with the blue-chip market’s winning streak coming to an end as elevated U.S. bond yields triggered a selloff on Wall Street.
- Fool.co.uk•8 hours ago
Why I believe the Lloyds share price is too cheap to ignore today
Is 2018 the year Lloyds Banking Group plc (LON: LLOY) shares will finally see a resurgence?
- Evening Standard•8 hours ago
Lloyds’ move into the black sets the scene for a bumper banking season
LLOYDS Banking Group set the scene for the return of bumper bank profits today, on the back of a “resilient” economy and low unemployment. The UK’s biggest mortgage lender’s profits rose 23% in the first quarter to £1.6 billion, a result likely to be matched by peers in the next few days. Asked if Lloyds could do more to help TSB, which moved its computer systems away from Lloyds at the weekend and immediately saw its system crash, he replied: “We fulfilled our obligations.
Sky News•10 hours agoLloyds urged to rethink branch closures as profits surge
Lloyds has reported a surge in first quarter pre-tax profits to £1.6bn, prompting a business group to call on the bank to "rethink" branch closures amid its digital investment drive. Lloyds pointed to resilience in the UK economy for its first quarter profit growth - which represented a rise of 23% compared with the first three months of 2017. The bottom-line growth was seized upon by the Federation of Small Businesses (FSB) as evidence it could easily afford to maintain branch services for its members.
Reuters•14 hours agoLloyds Bank reassures investors on future of preference shares
Britain's Lloyds Banking Group (LLOY.L) said it would not cancel its preference shares following investor complaints about the possibility after insurer Aviva (AV.L) abandoned its plans to scrap the high-yielding shares. George Culmer, the bank's chief financial officer, provided the reassurance on Wednesday as Lloyds reported first-quarter profits that just missed analysts' expectations. "Absolutely no discussion on these and absolutely no plans to cancel these irredeemable preference shares through a reduction in capital," Culmer told a media call.
- Reuters - UK Focus•14 hours ago
Lloyds Bank reassures investors on future of preference shares
Britain's Lloyds Banking Group said it would not cancel its preference shares following investor complaints about the possibility after insurer Aviva (Other OTC: AIVAF - news) abandoned its plans to scrap the high-yielding shares. George Culmer, the bank's chief financial officer, provided the reassurance on Wednesday as Lloyds reported first-quarter profits that just missed analysts' expectations. "Absolutely no discussion on these and absolutely no plans to cancel these irredeemable preference shares through a reduction in capital," Culmer told a media call.
- Reuters•14 hours ago
Income funds turn sights on UK banks as end of PPI saga draws closer
Huge payouts to customers mis-sold mortgage and credit card payment protection insurance (PPI) have cost British banks dearly for years, but the end may be in sight and income fund managers are starting to show renewed interest in the sector. Millions of borrowers were sold unsuitable PPI policies, but a deadline for customer compensation claims has been set for August 2019 and investors are already becoming more bullish about the prospects of capital returns from the banks through dividends or buybacks. "What we're anticipating ... is actually that PPI hindrance goes away and we can get significant yield growth from these companies," said Ed Meier, who runs the Old Mutual UK Equity Income Fund.
- The Wall Street Journal•15 hours ago
[$$] Lloyds Bank Posts 23% Profit Rise
Lloyds Banking Group said that pretax profit rose 23% in the first quarter of 2018, as the U.K. lender benefited from lower exceptional charges and rising net income.
- PA Money News•15 hours ago
Lloyds announces profits rise in spite of extra PPI costs
The high street lending giant reported a 6% rise in first quarter underlying pre-tax profits to £2 billion.
- The Independent•15 hours ago
Lloyds Bank profits rise 23% as lender cuts jobs and branches
Lloyds Banking Group has reported a 23 per cent increase in profits to £1.6bn in the first quarter of the year, weeks after announcing another round of branch closures and job cuts. The lender posted a 4 per cent increase in net income for the three months to 31 March, from £4.18bn this time last year to £4.33bn, while earnings per share rose 36 per cent to 1.5p from 1.1p. “In the first three months of 2018 we have again delivered strong financial performance with increased profits and returns, a significantly reduced gap between underlying and statutory profit and a strong increase in capital.
- Reuters - UK Focus•17 hours ago
Income funds turn sights on UK banks as end of PPI saga draws closer
Huge payouts to customers mis-sold mortgage and credit card payment protection insurance (PPI) have cost British banks dearly for years, but the end may be in sight and income fund managers are starting to show renewed interest in the sector. Millions of borrowers were sold unsuitable PPI policies, but a deadline for customer compensation claims has been set for August 2019 and investors are already becoming more bullish about the prospects of capital returns from the banks through dividends or buybacks. "What we're anticipating ... is actually that PPI hindrance goes away and we can get significant yield growth from these companies," said Ed Meier, who runs the Old Mutual UK Equity Income Fund.
- Reuters•yesterday
Oil stocks, Shire fuel further gains for FTSE 100
By Kit Rees and Helen Reid LONDON (Reuters) - A sustained surge in oil stocks helped Britain's top share index climb further on Tuesday to seven-week highs as pressure on defensive stocks such as utilities ...
- Reuters - UK Focus•yesterday
Oil stocks, Shire fuel further gains for FTSE 100
A sustained surge in oil stocks helped Britain's top share index climb further on Tuesday to seven-week highs as pressure on defensive stocks such as utilities eased and a fifth bid from Takeda Pharmaceutical ...
- Reuters - UK Focus•2 days ago
Britain's FTSE continues climb as oil stocks jump
The UK's top share index rose on Tuesday, remaining at seven-week highs as oil stocks jumped and pressure on bond proxy-type stocks eased. The blue chip FTSE 100 index was up 0.5 percent at 7,433.90 points ...
- Fool.co.uk•2 days ago
Is Barclays’ share price now the biggest bargain in the FTSE 100?
With its shares trading well below book value, is it time for investors to snap up struggling FTSE 100 (INDEXFTSE: UKX) bank Barclays plc (LON: BARC)?
- Reuters•2 days ago
Britain hails new optimism about Brexit deal for financial services
The British government and senior finance executives said they are increasingly confident Europe will offer financial companies generous market access after Brexit, boosting London's hopes of retaining its status as a top global financial centre. Since Britain voted to leave the EU 22 months ago, some of the world's most powerful finance companies in London have been searching for a way to preserve the existing cross-border flow of trading after it leaves the bloc in March 2019. "The EU have now recognised that there will be some form of market access in financial services, having previously dismissed the idea.
- Reuters - UK Focus•2 days ago
Britain hails new optimism about Brexit deal for financial services
The British government and senior finance executives said they are increasingly confident Europe will offer financial companies generous market access after Brexit, boosting London's hopes of retaining its status as a top global financial centre. Since Britain voted to leave the EU 22 months ago, some of the world's most powerful finance companies in London have been searching for a way to preserve the existing cross-border flow of trading after it leaves the bloc in March 2019. "The EU have now recognised that there will be some form of market access in financial services, having previously dismissed the idea.
- PA Money News•4 days ago
Banks to report first quarter results in busy week for sector
Lloyds, Barclays and RBS will reveal first quarter figures.
- Fool.co.uk•4 days ago
Why I believe the Lloyds share price is far too cheap
The Lloyds Banking Group plc (LON: LLOY) share price could rise 108% from current levels.
- The Telegraph•5 days ago
Current account cuts: Lloyds and Bank of Scotland reduce rates by 25pc
Current account cuts: Lloyds and Bank of Scotland reduce rates by 25pc
- Reuters•8 days ago
Lloyds Banking Group to axe 305 jobs and 49 more branches in Britain
Lloyds Banking Group will cut 305 jobs and close 49 branches in Britain, the latest in a series of reductions to its workforce and network as it promotes its digital services. Lloyds said in February it would invest 3 billion pounds over three years in such digital initiatives, but had not said how many branches or jobs it would axe as part of the cost-cutting strategy. Lloyds said the plan reflected changes in customer behaviour, with more people using digital services than branches, which are costly to maintain .
Sky News•8 days agoLloyds reveals 49 banks to close with 305 jobs cut
Lloyds Banking Group is taking the axe to its UK branch network again by announcing 49 further closures, with 305 staff losing their jobs. The lender has announced several waves of closures since its post-bailout ...
- Sky News•8 days ago
Lloyds takes another chop at UK branch network
Lloyds Banking Group is taking the axe to its UK branch network again by announcing 49 further closures, with 305 staff losing their jobs. The lender has announced several waves of closures since its post-bailout ...
- The Independent•8 days ago
Lloyds Banking group to cut 305 jobs and close 49 branches across UK
Lloyds Banking Group has said it is cutting a further 305 jobs as part of its plans to axe 49 branches across the UK. The company said it was cutting a total of 1,230 roles, but would then create 925 jobs throughout the business. The group first revealed the branch closures last year, but at the time announced plans to cut fewer than 100 jobs.
- Reuters - UK Focus•8 days ago
Lloyds Banking Group to axe 305 jobs and 49 more branches in Britain
Lloyds Banking Group will cut 305 jobs and close 49 branches in Britain, the latest in a series of reductions to its workforce and network as it promotes its digital services. Lloyds said in February it would invest 3 billion pounds over three years in such digital initiatives, but had not said how many branches or jobs it would axe as part of the cost-cutting strategy. Lloyds said the plan reflected changes in customer behaviour, with more people using digital services than branches, which are costly to maintain .
