Lloyds Banking Group

Bank of Scotland is a commercial and clearing bank based in Edinburgh, Scotland. With a history dating to the 17th century, it is the fifth-oldest surviving bank in the United Kingdom (the Bank of England having been established one year before), and is the only commercial institution created by the Parliament of Scotland to remain in existence. It was one of the first banks in Europe to print its own banknotes and it continues to print its own sterling banknotes under legal arrangements which allow Scottish banks to issue currency.

Bank of Scotland

Lloyds Banking Group Plc is a financial services company, which engages in the provision of banking and financial services. It operates through the following segments: Retail, Commercial Banking, Insurance and Wealth, and Other. The Retail segment offers broad range of financial service products, including current accounts, savings, mortgages, motor finance and unsecured consumer lending to personal, and small business customers. The Commercial Banking segment provides a range of products and services such as lending, transactional banking, working capital management, risk management and debt capital markets services to SMEs, corporates, and financial institutions. The Insurance and Wealth segment focuses on the insurance, investment, and wealth management products and services. The Other segment refers to income and expenditure not attributed to the group’s financial reporting segments. These amounts include those arising from the group’s equities business, residual net interest income after transfer pricing, and certain gains from gilt sales. The company was founded by George Truett Tate in 2009 and is headquartered in London, the United Kingdom.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

In the nine months to 30 September 2022, the Group recorded a profit before tax of £4,480 million compared to £5,103 million in the same period in 2021, representing a reduction of £623 million as higher total income was more than offset by the impact of a net impairment charge for the period compared to a net credit for the first nine months of 2021. Profit after tax was £3,346 million.

Lloyds Bank plc 2022 Q3 Interim Management Statement

Lloyds Banking Group profit tumbles 26% over amid impairment charge, challenging economy

Lloyds Banking Group PLC (LSE:LLOY) (Lloyds Banking Group PLC (LSE:LLOY)) has reported third quarter net income of £4.59bn, up 13% and in line with market forecasts, but announced a jump in bad debt charges to £668mln taking the total for the nine months to date this financial year to £1.045bn. Underlying profits before the impairment charges were £2.4bn, a 22% increase on the same period last year, while underlying profits were down 17% to £1.73bn.

Lloyds reports 13% jump in Q3 net income but bad debt provisions rise

Lloyds Banking Group reported a slide in quarterly profits on Thursday, as the lender braced for a potential rise in loan defaults as inflation squeezes borrowers.

Lloyds reports Q3 profit slide on bad loan charges

Amazon

Shell PLC

Apple

For Lloyds Banking Group PLC (LSE:LLOY), which is due to post a quarterly update on Thursday, an economic downturn is worse for business than for peers like Barclays and HSBC that have less of a focus on traditional banking in the UK. Investors and analysts will be keeping an eye on impairment charges as the bank prepares for more people defaulting on their loan repayments (read the Lloyds preview here), while the lender became the first in the industry to stop direct finance for new oil and gas development.

Lloyds, Shell, Apple and Amazon on a jam-packed Thursday

Lloyds (LON: LLOY) share price is consolidating ahead of the upcoming quarterly results. The shares dropped slightly to 42p, which was still much higher than this month's low of 38.47p.

Lloyds share price forecast: Q3 earnings preview

Barclays

With the UK announcing Rishi Sunak as this month's Prime Minister, gilts saw a positive correction, Sterling dipped slightly against the US dollar, and major banking shares rallied. Read on for a brief overview of how the markets responded to Rishi.

Lloyds, Barclays and natural gas up, gilts fall back: How the markets responded to Rishi

U.K. Prime Minister Liz Truss was forced out by the bond market vigilantes earlier this week. Since we do not yet know who the country's next leader will be, owning Lloyds Banking Group PLC ( LSE:LLOY , Financial) ( LYG , Financial) could be considered a bit of a contrarian bet.

Lloyds Banking Group Is as Safe as Houses

Britain's biggest domestic bank Lloyds said on Thursday it would not support direct financing to develop new oil and gas fields, joining a small number of lenders to push back on funding expansion of the industry.

UK's Lloyds ditches project finance for new oil and gas fields

An awful lot has changed in the UK economy even since Britain's largest high-street bank's interim financial results in mid-September, so what will be the key focal points as Lloyds Banking Group PLC (LSE:LLOY) updates the market on Thursday. There's so far little to suggest that the volatility and unpredictability in UK politics and economics will be over any time soon, nevertheless, some simple features will remain clear according to analysts.

What to look for as Lloyds investors eye crucial trading update

Lloyds Banking Group PLC (LSE:LLOY) has said it will stop the direct financing of new greenfield oil and gas developments. It is the first of the UK's big five banks to make such a commitment in what was an updated statement on its environmental, social and governance (ESG) policies.

Lloyds Bank stops direct finance for new oil and gas developments

Shares in Lloyds Banking Group PLC (LSE:LLOY) and Barclays PLC (LSE:BARC) were down 3.4% and 1.34% respectively in Wednesday's early deals amid reports the new chancellor Jeremy Hunt is plotting a new round of windfall taxes targetting banks and energy companies as he seeks to plug gaps in government finances. The new windfall tax threat comes as investors await UK banks reporting on their third quarter performance, starting next week with HSBC Holdings PLC (LSE:HSBA).

Lloyds and Barclays shares fall as ‘windfall' tax looms

HSBC Holdings

NatWest Group plc 

Citi has again highlighted its liking for UK domestic banks over their international rivals within the financial share universe, with Lloyds, Natwest and Barclays all rated as buys. The US investment bank said the extreme moves in gilts and the pound following now ex-chancellor Kwasi Kwarteng's mini-Budget will add around two percentage points to their cost of equity.

Lloyds and other UK banks still have lots of appeal after mini-Budget, says Citi

UK banks have enjoyed a spike in mortgage applications accompanied by sharply rising prices after the chaos following the mini-budget, according to new data from Barclays. The bank notes, however, that pressure on incomes is growing with household spending starting to soften while the higher rates being charged on mortgages have long-term implications.

Lloyds and other lenders get boost from rising mortgage rates but it might not last long

Lloyds Banking Group PLC (LSE:LLOY) has completed the £2bn share buyback it announced in February.  Proposed along with a final dividend, the FTSE 100 lender said at the time that it expected the buyback to be complete by the end of the year, with the outlook from chief executive Charlie Nunn at the time being that "we are seeing an early recovery and the macroeconomic outlook is improving".

Lloyds completes share buyback with very different outlook

Banco Santander

Shares in Lloyds Banking Group PLC (LSE:LLOY) and other FTSE 100 lenders slumped back towards recent lows on worries about potential bad debts and a bank windfall tax. A report emerged that Santander UK is preparing for more customer defaults after seeing a pickup in customers falling behind on mortgage and loan payments.

Lloyds, NatWest, Barclays other banks slide as Santander warns of increased provisions

Lloyds Banking Group is an interesting play on rocketing interest rates as the Bank of England tries to tame a 40-year high inflation rate. Imperfect pass-through on customer deposits allows LYG to benefit from higher net interest income.

Lloyds Banking Group: NII Sensitivity Is A Tailwind Amid Rising Rates

Lloyd's of London said on Monday that its investigation into a possible cyberattack had found no evidence of data compromise.

Lloyd's of London says no evidence found of data compromise from cyberattack

Lloyds Banking Group PLC (LSE:LLOY) is among the ‘least preferred' options for stockbroker Shore Capital, but, it believes that UK Banks are entering the economic downturn in “extremely good shape”. The stockbroker, looking ahead to Q3 results later this month, says the sector is “fundamentally attractive” and rates all UK banks as ‘buys' at this time – Barclays PLC (LSE:BARC) is the broker's top pick followed by Virgin Money UK PLC (LSE:VMUK), NatWest Group PLC (LSE:NWG), and Lloyds.

Lloyds and Barclays tipped to reward investors that ‘ride out the storm' as analyst sees UK banking sector in “extremely good shape”

Legal & General Group PLC

Tesla

Lloyds Banking Group PLC (LSE:LLOY), Legal & General Group PLC (LSE:LGEN) and Tesla Inc (NASDAQ:TSLA) were top investments for UK retail investors in the past month, while in the world of funds passive far outranked actively managed funds. September, in fact, saw only one actively managed open-ended funds in the top ten of the UK's second largest investment platforms, for the first time ever.

Lloyds, L&G, Tesla and passive funds most popular for UK investors in September

Credit Suisse has handed out “outperform” ratings to major UK financial services giants Lloyds Banking Group, Barclays and NatWest Group. The global investment bank expects a new Bank of England (BoE) base interest rate of 3.5%, “as economists' consensus is moving more gradually than market expectations,” according to a recent statement.

Barclays, Natwest and Lloyds net ‘outperform' ratings from Credit Suisse

Lloyds Banking Group has a low market valuation, good dividend yield, and has upgraded its outlook for margins recently. Is its price drop a reason to buy? Its stronger price correlation with the UK economy than its own earnings suggests further potential weakening is possible, as growth is expected to slow significantly.

Lloyds Banking Group: Hold For Now

Lloyds Banking Group PLC (LSE:LLOY) could be hit to the tune of £1.6bn under plans being mooted to reduce the interest paid on deposits held by high street lenders at the Bank of England, according to research by a leading investment bank. The controversial plan has been floated in the media with Bloomberg carrying a comprehensive analysis of the back-door windfall tax, which it reckons could save the government £10bn a year.

Lloyds could be hit hard by backdoor windfall tax, says leading investment bank

Shares in Lloyds Banking Group PLC (LSE:LLOY) and other big UK lenders moved lower after analysts said mooted reports that the government may introduce "interest on reserves" was a potential risk for the sector. Analysts at Barclays and Citigroup commented following a Bloomberg article quoting Gerard Lyons, "external economic advisor" to Liz Truss, on the possibility of introducing reserve tiering.

Lloyds and other banks 'face risks and unintended consequences' from mooted interest on reserves policy

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

News for Lloyds Banking Group Stock (LYG)