Lloyds Banking Group plc, together with its subsidiaries, provides a range of banking and financial services in the United Kingdom and internationally. It operates through three segments: Retail; Commercial Banking; and Insurance and Wealth. The Retail segment offers a range of financial service products, including current accounts, savings accounts, mortgages, motor finance, unsecured loans, leasing solutions, credit cards, and other financial services to personal and small business customers. The Commercial Banking segment provides lending, transactional banking, working capital management, risk management, and debt capital market services to small and medium-sized entities, corporates, and financial institutions. The Insurance and Wealth segment offers life, home, and car insurance products; and pension, investment, and wealth management products and services. It also provides digital and mobile banking, and telephone services, as well as advisory services for savings, investments, and planning for retirement. The company offers its products and services under the Lloyds Bank, Halifax, Bank of Scotland, Scottish Widows, MBNA, Schroders Personal Wealth, Black Horse, Lex Autolease, Birmingham Midshires, LDC, IWeb, and Agricultural Mortgage Corporation brands. Lloyds Banking Group plc was founded in 1695 and is headquartered in London, the United Kingdom.
IPO Year:
Exchange: NYSE
Website: lloydsbankinggroup.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/30/2024 | Overweight → Equal-Weight | Morgan Stanley | |
| 10/4/2024 | Neutral | Goldman | |
| 9/5/2024 | Hold | Kepler | |
| 8/5/2024 | Buy → Neutral | Citigroup | |
| 7/26/2024 | Outperform → Sector Perform | RBC Capital Mkts | |
| 7/5/2024 | Neutral → Outperform | Exane BNP Paribas | |
| 5/9/2024 | Buy | Deutsche Bank | |
| 4/25/2024 | $2.75 | Hold | Berenberg |
| 3/21/2024 | Neutral → Buy | BofA Securities | |
| 1/16/2024 | Buy → Neutral | BofA Securities |
6-K - Lloyds Banking Group plc (0001160106) (Filer)
FWP - Lloyds Banking Group plc (0001160106) (Subject)
FWP - Lloyds Banking Group plc (0001160106) (Subject)
FWP - Lloyds Banking Group plc (0001160106) (Subject)
6-K - Lloyds Banking Group plc (0001160106) (Filer)
6-K - Lloyds Banking Group plc (0001160106) (Filer)
6-K - Lloyds Banking Group plc (0001160106) (Filer)
6-K - Lloyds Banking Group plc (0001160106) (Filer)
6-K - Lloyds Banking Group plc (0001160106) (Filer)
6-K - Lloyds Banking Group plc (0001160106) (Filer)
Morgan Stanley downgraded Lloyds Banking from Overweight to Equal-Weight
Goldman initiated coverage of Lloyds Banking with a rating of Neutral
Kepler initiated coverage of Lloyds Banking with a rating of Hold
Citigroup downgraded Lloyds Banking from Buy to Neutral
RBC Capital Mkts downgraded Lloyds Banking from Outperform to Sector Perform
Exane BNP Paribas upgraded Lloyds Banking from Neutral to Outperform
Deutsche Bank initiated coverage of Lloyds Banking with a rating of Buy
Berenberg initiated coverage of Lloyds Banking with a rating of Hold and set a new price target of $2.75
BofA Securities upgraded Lloyds Banking from Neutral to Buy
BofA Securities downgraded Lloyds Banking from Buy to Neutral
Lloyds Banking Group (NYSE:LYG) reported quarterly earnings of $0.08 per share. This is unchanged from the same period last year. The company reported $3.79 billion in sales this quarter. This is a 32.74 percent decrease over sales of $5.63 billion the same period last year.
In a move that could solidify its status as Europe’s most valuable startup, Revolut, a UK-based fintech major, is reportedly eyeing a valuation of over $40 billion in an employee share sale. What Happened: Revolut, which is backed by SoftBank Group Corp. (OTC:SFTBY), is working with Morgan Stanley to sell approximately $500 million worth of existing shares, including those owned by employees, Financial Times reported, citing three people with knowledge of the plans. The proposed valuation would represent a 21% increase from Revolut’s $33 billion valuation in its 2021 fundraising round. This would also place Revolut’s market capitalization on par with that of Lloyds Banking Group Plc. a
Berenberg analyst Peter Richardson initiates coverage on Lloyds Banking Group (NYSE:LYG) with a Hold rating and announces Price Target of $2.75.
Lloyds Banking Group (NYSE:LYG) reported quarterly earnings of $0.22 per share. This is a 98.2 percent increase over earnings of $0.11 per share from the same period last year. The company reported $4.04 billion in sales this quarter. This is a 30.62 percent decrease over sales of $5.82 billion the same period last year.
Lloyds Banking Group plc (NYSE:LYG) is reportedly restructuring its risk management division after an internal review. The restructuring will result in the reduction of about 175 roles that are facing redundancy, including about 150 in risk, as per Bloomberg, which cited a person familiar with the matter. As per the report, the company is creating more than 100 new roles requiring more technical expertise. A spokesperson said, “In this case, there are around 45 role reductions, after new roles being created are factored in.” The risk division employs about 3,600 of the company’s roughly 60,000-person workforce. According to the Financial Times, Chief Risk Officer Stephen Shel
Lloyds Banking Group's (NYSE:LYG) short percent of float has risen 20.0% since its last report. The company recently reported that it has 9.20 million shares sold short, which is 0.06% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.15 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short int
B of A Securities analyst Rohith Chandra Rajan upgrades Lloyds Banking Group (NYSE:LYG) from Neutral to Buy.
As of March 13, 2024, four stocks in the financial sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro. Here’s the latest list of major overbought players in this sector. Paymentus Holdings, Inc. (NYSE:PAY) On March 4, Paymentus reported quarterly earnings of 11 cents