LYG - Lloyds Banking Group plc

NYSE - NYSE Delayed Price. Currency in USD
3.63
-0.07 (-1.89%)
At close: 4:04PM EDT

3.64 +0.01 (0.28%)
Pre-Market: 8:00AM EDT

Stock chart is not supported by your current browser
Previous Close3.70
Open3.65
Bid3.63 x 97600
Ask3.64 x 73400
Day's Range3.62 - 3.66
52 Week Range3.26 - 4.21
Volume3,985,726
Avg. Volume5,527,087
Market Cap64.6B
Beta0.85
PE Ratio (TTM)13.35
EPS (TTM)0.27
Earnings DateN/A
Forward Dividend & Yield0.17 (4.22%)
Ex-Dividend Date2018-04-19
1y Target Est3.09
Trade prices are not sourced from all markets
  • Financial Times9 hours ago

    [$$] Asset managers vie for £109bn Lloyds investment contract

    A £109bn investment contract put up for tender by Lloyds Banking Group has attracted interest from some of the world’s largest asset managers, with BlackRock , JPMorgan Asset Management and Schroders chosen ...

  • MarketWatch21 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.

  • Lloyds’ move into the black sets the scene for a bumper banking season
    Evening Standard23 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.

  • Lloyds Bank reassures investors on future of preference shares
    Reutersyesterday

    Lloyds 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.

  • Reutersyesterday

    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 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.

  • Reutersyesterday

    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.

  • Lloyds Bank profits rise 23% as lender cuts jobs and branches
    The Independentyesterday

    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.

  • The Wall Street Journalyesterday

    [$$] Lloyds 1Q Pretax Profit Rises 23%

    PLC (LLOY.LN) said Wednesday 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. The profit increase included a boost from lower provisions for claims of historic misselling of payment protection insurance, down to GBP90 million for the quarter from GBP350 million the year before. Lloyds also booked GBP258 million in impairment costs for the period, more than double a year earlier.

  • Financial Timesyesterday

    [$$] Lloyds Bank profits jump 23% despite lingering PPI drag

    Lloyds Banking Group shrugged off the competitive pressures weighing on some of its rivals in the opening quarter of the year, even as it was forced to set aside yet more money to compensate customers ...

  • Reutersyesterday

    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.

  • Moody's2 days ago

    Lloyds Bank International Limited -- Moody's assigns definitive ratings to Lloyds' non-ring-fenced banks LBCM and LBIL

    Moody's Investors Service ("Moody's") today assigned definitive deposit and issuer ratings to Lloyds Banking Group plc's non-ring-fenced entities Lloyds Bank Corporate Markets plc (LBCM) and Lloyds Bank International Limited (LBIL). For LBCM, Moody's assigned deposit ratings of A1/Prime-1 and an issuer rating of A1, whilst for LBIL the deposit ratings are Baa1/Prime-2 and the issuer rating is Baa1. At the same time, Moody's affirmed LBCM's baa3 standalone baseline credit assessment (BCA), upgraded the adjusted BCA to baa1 from baa2, upgraded the long-term Counterparty Risk Assessment (CR Assessment) to A1(cr) from A2(cr) and affirmed the short-term CR Assessment at Prime-1 (cr).

  • Reuters3 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.

  • Reuters3 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.

  • Financial Times3 days ago

    [$$] Regulators probe TSB over botched IT switch

    Regulators are probing computer problems at TSB that left account holders at the high street bank unable to check their balances and gave some customers access to other people’s money after it switched to new systems over the weekend.

  • Financial Times5 days ago

    [$$] TSB to sever last of its links to Lloyds Banking Group

    TSB is finally cutting the last of its links to Lloyds Banking Group this weekend, completing its separation from the group’s technology systems almost five years — and hundreds of millions of pounds in ...

  • Current account cuts: Lloyds and Bank of Scotland reduce rates by 25pc
    The Telegraph6 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

  • Lloyds Banking Group plc (LON:LLOY) Is Trading At A 32% Discount
    Simply Wall St.8 days ago

    Lloyds Banking Group plc (LON:LLOY) Is Trading At A 32% Discount

    Bank stocks such as LLOY are hard to value. This is because the rules banks face are different to other companies, which can impact the way we forecast their cashRead More...

  • Reuters9 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 .

  • Lloyds Banking group to cut 305 jobs and close 49 branches across UK
    The Independent9 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.

  • Lloyds to Eliminate 305 Jobs Across Its U.K. Branch Network
    Bloomberg9 days ago

    Lloyds to Eliminate 305 Jobs Across Its U.K. Branch Network

    Lloyds Banking Group Plc is to eliminate 305 jobs primarily across its branch network, as Britain’s largest mortgage lender steps up plans to control costs.

  • Financial Times9 days ago

    [$$] Lloyds unveils plans to cut 1,230 jobs, close 49 branches

    Britain’s biggest bank by share of current accounts said it planned to create 925 new roles as part of a £3bn investment plan to adapt to the shift by a growing number of customers to do more of their banking digitally. The latest restructuring — following the announcement of 930 job cuts in February — underlines how Lloyds is maintaining the pace of its cost-cutting efforts in response to changing customer behaviour and rising competition from upstart financial technology firms.

  • Lloyds to Boost Algos at FX Desk in London by 2019
    Bloomberg14 days ago

    Lloyds to Boost Algos at FX Desk in London by 2019

    Lloyds Banking Group Plc plans to modernize parts of its trading room in London by increasing the use of machine-trading to meet the demands of clients, according to people with the knowledge of the project....

  • Bloomberg20 days ago

    Lloyds Said Leaning Toward Multiple Managers for $153 Billion

    Lloyds Banking Group Plc is likely to allocate the 109 billion pounds ($153 billion) that it’s pulling from Standard Life Aberdeen Plc among several asset managers, a person with knowledge of the matter ...

  • Lloyds Said to Lean Toward Several Managers for $153 Billion
    Bloomberg20 days ago

    Lloyds Said to Lean Toward Several Managers for $153 Billion

    Lloyds Banking Group Plc is likely to allocate the 109 billion pounds ($153 billion) that it’s pulling from Standard Life Aberdeen Plc among several asset managers, a person with knowledge of the matter ...

  • He’s Back: Schwarzenegger Expected to Spur More PPI Claims
    Bloomberg23 days ago

    He’s Back: Schwarzenegger Expected to Spur More PPI Claims

    U.K. banks may face more claims for wrongly sold insurance as the country’s markets cop steps up an informational campaign featuring an animatronic head of Arnold Schwarzenegger.