LYG - Lloyds Banking Group plc

NYSE - NYSE Delayed Price. Currency in USD
3.08
+0.01 (+0.33%)
At close: 4:02PM EDT

3.08 0.00 (0.00%)
After hours: 4:31PM EDT

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Previous Close3.07
Open3.06
Bid3.07 x 21500
Ask3.19 x 301800
Day's Range3.06 - 3.10
52 Week Range3.02 - 4.21
Volume3,543,225
Avg. Volume4,603,855
Market Cap55.13B
Beta0.84
PE Ratio (TTM)11.16
EPS (TTM)0.28
Earnings DateN/A
Forward Dividend & Yield0.16 (4.85%)
Ex-Dividend Date2018-04-19
1y Target Est3.02
Trade prices are not sourced from all markets
  • Lloyds, Barclays Reveal Security Lapses, Disruptions in Payments
    Bloomberg5 days ago

    Lloyds, Barclays Reveal Security Lapses, Disruptions in Payments

    Lloyds Banking Group Plc, Barclays Plc and other U.K. lenders disclosed major security and operational incidents that cut off customers’ access to payment services, as regulators force lenders to publicize disruptions from cyber-attacks and other causes. There were 19 such incidents at Lloyds, 18 at Barclays and 16 at Royal Bank of Scotland Group Plc that prevented customers from using telephone, mobile and Internet banking in the second quarter of 2018. Tesco Bank, which was targeted by cyber-criminals in 2016, reported six incidents in the period.

  • Reuters6 days ago

    First Direct tops Britain's first banking quality survey, RBS in last place

    First Direct, Metro Bank and Nationwide Building Society came top in Britain's first mandatory sector-wide customer surveys to help people choose the best bank, with Royal Bank of Scotland at the bottom of the list. A review of retail banking in August 2016 by the Competition and Markets Authority (CMA), ordered lenders to publish bi-annual measurements of how customers rate their services. An independent survey of banks' customers conducted by GfK UK asked how willing they were to recommend their services to friends and family.

  • Reuters6 days ago

    Caring or creepy? UK banks turn to alerts to keep customers loyal

    Britain's biggest banks are planning to send personalised spending alerts and in some cases money management advice to their mobile banking customers as they strive to shore up brand loyalty in the face of growing competition. Lloyds Banking Group (LLOY.L) and HSBC (HSBA.L) will launch a range of new alerts from this year, for instance informing clients whenever they spend on their card or when a bill is higher than usual. The move is one example of how traditional lenders are expected to start harnessing a wealth of customer data in ways they haven't before, as competition and changing consumer behaviour threaten their decades-old business model.

  • Lloyds bank to raise interest rates on some savings accounts
    Reuters7 days ago

    Lloyds bank to raise interest rates on some savings accounts

    Britain's Lloyds Banking Group will raise interest rates on a number of its fixed and variable rate savings accounts at the end of August, a spokeswoman said on Monday. The move follows the Bank of England's decision to raise interest rates above their financial crisis lows earlier this month, with Lloyds the first of Britain's big four lenders to confirm it will pass the move on to savers. The bank's decision includes rate rises of 0.5 percent on Individual Savings Accounts (ISA)and 0.7 percent on fixed rate accounts, in a change the spokeswoman said would affect millions of savers.

  • Lloyds bank raises variable mortgage rates
    Reuters17 days ago

    Lloyds bank raises variable mortgage rates

    Lloyds Banking Group said on Friday it would increase rates on a number of its variable rate mortgage products by 0.25 percent in September, following the Bank of England's decision to raise interest rates on Thursday. The bank's Lloyds and Halifax homeowner variable mortgage rates, and its Halifax standard variable mortgage rate, will rise to 4.24 percent, according to a bank spokeswoman. Its Lloyds standard variable mortgage rate will rise to 2.75 percent.

  • Lloyds bank to stop financing new coal plants, thermal coal mines
    Reuters18 days ago

    Lloyds bank to stop financing new coal plants, thermal coal mines

    Lloyds Banking Group (LLOY.L) said on Thursday it will not fund new coal-fired power stations or thermal coal mines, or bank new clients that derive most of their revenue from either of these operations. The new policy brings Lloyds in line with peers Royal Bank of Scotland (RBS.L) and HSBC (HSBA.L), which both announced similar changes earlier this year as lenders update their approach amid growing concerns about coal's impact on the environment. David Oldfield, group director of commercial banking at Lloyds, pointed to the landmark accord agreed between almost 200 nations at a Paris summit in 2015 to limit climate change, which was seen as marking a global turn away from fossil fuels.

  • Thomson Reuters StreetEvents19 days ago

    Edited Transcript of LLOY.L earnings conference call or presentation 1-Aug-18 8:30am GMT

    Half Year 2018 Lloyds Banking Group PLC Earnings Call

  • Lloyds backs UK to escape no-deal Brexit disaster as profits surge
    Evening Standard19 days ago

    Lloyds backs UK to escape no-deal Brexit disaster as profits surge

    Lloyds Banking Group chief executive Antonio Horta-Osorio on Wednesday shrugged off fears that Britain is heading for a no-deal Brexit and presented an optimistic vision for the economy. With the bank’s profits soaring, up 23% to £3.1 billion in the half year, Lloyds is able to raise the dividend to shareholders and claimed “strong and sustainable” growth will continue. With businesses large and small beginning to panic over strained Brexit negotiations, Horta-Osorio backed the government.

  • Lloyds Bank optimistic about economy as profit jumps
    Reuters19 days ago

    Lloyds Bank optimistic about economy as profit jumps

    Lloyds Banking Group (LLOY.L) gave an upbeat assessment about the British economy in the face of Brexit after the country's biggest mortgage lender reported a 23 percent jump in first-half profit despite an additional mis-selling charge. Lloyds' focus on the domestic economy leaves its earnings exposed to the risks of Britain's departure from the European Union, but the bank's management said it had seen few signs of Brexit-related strain on the economy even as concerns rise about whether the two sides can reach a deal in time. "The UK economy remains resilient and, excluding the impact of adverse weather, continues to demonstrate robust growth," said Antonio Horta-Osorio, Chief Executive of the bank.

  • The Wall Street Journal19 days ago

    [$$] European Equities Market Talk Roundup

    has overcome the worst of its payment protection insurance problems, says Markets.com following the U.K. bank’s first-half results. Lloyds Wednesday raised its margin and capital guidance following a strong first half, but booked another major provision over PPI due to higher-than-expected claims. notes that while the bank had to set aside an additional GBP460 million ($603 million) for PPI claims, taking the total to GBP550 million, this was lower than the provision a year ago.

  • Reuters20 days ago

    European shares flat as earnings optimism overtakes trade war fears

    European shares were flat on Wednesday as a fresh batch of corporate earnings offset mixed signals on the U.S.-China trade conflict. At 0711 GMT, the pan-European STOXX 600 was flat, Germany's DAX had ...

  • Lloyds Bank profits jump 23% as Brexit uncertainty continues to weigh on share price
    The Independent20 days ago

    Lloyds Bank profits jump 23% as Brexit uncertainty continues to weigh on share price

    Lloyds Banking Group profits rose 23 per cent in the first half of 2018, as the lender hailed its progress amid political and economic uncertainty ahead of Brexit. Pre-tax profit for the six months to 30 June was £3.1bn, up from £2.5bn in the same period of 2017, while earnings per share rose 45 per cent to 2.9p, from 2p. Profits were boosted in part by the lower PPI charge recorded by the bank in the first half.

  • Lloyds Profit Jumps While Missold Insurance Costs Still Linger
    Bloomberg20 days ago

    Lloyds Profit Jumps While Missold Insurance Costs Still Linger

    Lloyds Banking Group Plc is quickly gaining earnings momentum, but is still fighting to shake off its troubled past. Britain’s largest mortgage lender is taking a 460 million-pound charge ($602 million) to compensate customers for improperly sold loan insurance, it said in its earnings statement Wednesday. “We have delivered another strong financial performance with increased statutory profits, higher returns, and a strong capital build,” said Chief Executive Officer Antonio Horta-Osorio.

  • MPs criticise Lloyds' fraud redress scheme as 'unfair'
    Reuters21 days ago

    MPs criticise Lloyds' fraud redress scheme as 'unfair'

    A group of MPs on Monday wrote to the financial watchdog and the board of Lloyds Banking Group (LLOY.L) accusing the bank of "victim blaming" and "unfairness" in its redress scheme for victims of a fraud at its HBOS Reading division. The letters, signed by MP Kevin Hollinrake, who chairs the All Party Parliamentary Group for Fair Business Banking, said compensation offers the bank had made were insufficient and that it was treating victims with contempt. "We have no trust in such an opaque process," he continued, in his letter to the Lloyds board.

  • MPs criticise Lloyds' fraud redress scheme as 'unfair'
    Reuters21 days ago

    MPs criticise Lloyds' fraud redress scheme as 'unfair'

    A group of MPs on Monday wrote to the financial watchdog and the board of Lloyds Banking Group (LLOY.L) accusing the bank of "victim blaming" and "unfairness" in its redress scheme for victims of a fraud at its HBOS Reading division. The letters, signed by MP Kevin Hollinrake, who chairs the All Party Parliamentary Group for Fair Business Banking, said compensation offers the bank had made were insufficient and that it was treating victims with contempt. "We have no trust in such an opaque process," he continued, in his letter to the Lloyds board.

  • Reuters26 days ago

    MOVES- UBS, Barclays, Lazard, Jadian, LLoyds

    The following financial services industry appointments were announced on Wednesday. To inform us of other job changes, email moves@thomsonreuters.com. Bank of N.T. Butterfield & Sons Ltd Butterfield Private ...

  • Exclusive - Lloyds Bank plans three EU subsidiaries after Brexit: sources
    Reuterslast month

    Exclusive - Lloyds Bank plans three EU subsidiaries after Brexit: sources

    Lloyds Banking Group plans to operate three subsidiaries in continental Europe after Britain leaves the EU, according to a source familiar with the matter, in a sign of how Brexit is fragmenting a banking industry long concentrated in London. Lloyds (LLOY.L), Britain's biggest mortgage lender, was widely expected to manage its continental business from one new subsidiary in Berlin.

  • BlackRock, Schroders Are Frontrunners for Lloyds $144 Billion Mandate
    Bloomberglast month

    BlackRock, Schroders Are Frontrunners for Lloyds $144 Billion Mandate

    BlackRock Inc. and Schroders Plc are the frontrunners to oversee about 109 billion pounds ($144 billion) for Lloyds Banking Group Plc, one of the biggest mandates of its kind, people with the knowledge of the process said. Lloyds invited bids for the contract earlier this year after ending an agreement with Standard Life Aberdeen Plc, which currently manages the money. Lloyds may select a sole winner or decide to split the mandate, the people said.

  • Co-op Bank names Andrew Bester its fifth boss in seven years
    The Telegraphlast month

    Co-op Bank names Andrew Bester its fifth boss in seven years

    Co-op Bank names Andrew Bester its fifth boss in seven years

  • Co-operative Bank hires new CEO from Lloyds
    Reuterslast month

    Co-operative Bank hires new CEO from Lloyds

    Britain's Co-operative Bank on Monday named Lloyds Banking Group (LLOY.L) executive Andrew Bester as its new CEO, as it strives to return to sustainable profitability following its $900 million rescue by U.S. hedge fund creditors last year. Bester will replace Liam Coleman, who announced his resignation in June after less than 18 months in the job, having overseen the bank's restructuring and recapitalisation. Co-op Bank needed to be rescued after its capital base dipped to levels unacceptable to Britain's financial regulators as it grappled with restructuring costs and weak income.

  • ACCESSWIRElast month

    Breakfast Technical Briefing on Banco Santander and Three Other Additional Banking Stocks

    For today, WallStEquities.com evaluates Banco Santander S.A. (NYSE: SAN), Lloyds Banking Group PLC (NYSE: LYG), The Royal Bank of Scotland Group PLC (NYSE: RBS), and UBS Group AG (NYSE: UBS). Many times, these companies are multinationals and service many different countries.