We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Lloyds Banking Group Plc | LLOY | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 1.10 | 2.15% | 52.30 | 16:35:12 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 51.12 | 51.08 | 52.60 | 52.30 | 51.20 |
| Industry Sector |
|---|
| BANKS |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 22/02/2024 | Final | GBP | 0.0184 | 11/04/2024 | 12/04/2024 | 21/05/2024 |
| 26/07/2023 | Interim | GBP | 0.0092 | 03/08/2023 | 04/08/2023 | 12/09/2023 |
| 22/02/2023 | Final | GBP | 0.016 | 13/04/2023 | 14/04/2023 | 23/05/2023 |
| 27/07/2022 | Interim | GBP | 0.008 | 04/08/2022 | 05/08/2022 | 12/09/2022 |
| 24/02/2022 | Final | GBP | 0.0133 | 07/04/2022 | 08/04/2022 | 19/05/2022 |
| 29/07/2021 | Interim | GBP | 0.0067 | 05/08/2021 | 06/08/2021 | 13/09/2021 |
| 24/02/2021 | Final | GBP | 0.0057 | 15/04/2021 | 16/04/2021 | 25/05/2021 |
| 31/07/2019 | Interim | GBP | 0.0112 | 08/08/2019 | 09/08/2019 | 13/09/2019 |
| Interim | GBP | 0.0112 | 07/08/2019 | 09/08/2019 | 13/09/2019 |
| Top Posts |
|---|
Posted at 26/4/2024 11:43 by smurfy2001 Kiss they have.smurfy2001 - 24 Apr 2024 - 12:38:49 - 28605 of 28627 Lloyds Bank (LLOY) 'On Topic only' - Thread - LLOY Natwest wants to kiss 300p. Barclays wants to kiss 200p. |
Posted at 15/4/2024 06:56 by freddie01 Lloyds Bank unlikely the target of FCA motor probe warning - analystsLloyds Banking Group PLC (LSE:LLOY) was unlikely to be the target of a warning from the UK’s financial watchdog telling motor finance firms to hold back cash for a probe into the sector. That’s according to KBW analysts, which highlighted Lloyds’ £450 million provision, laid out in February's full-year results. The Financial Conduct Authority (FCA) issued the warning in a letter on Friday morning. Many firms have struggled to pass on relevant data relating to the investigation, the FCA said, which centres on the historic use of so-called discretionary payments that saw brokers and dealers raise consumers’ interest rates on car finance. “We suspect that this primarily relates to smaller finance companies and or subsidiaries of overseas banks,” KBW noted in response. Close Brothers Group PLC (LSE:CBG) was probably not the target of the letter either, analysts continued, given the firm cancelled its dividend over the probe. “It is hard to argue that either are not focused on ensuring that they have adequate financial resources,” KBW said, discussing Lloyds and Close Brothers. That said, “the fact the FCA has had to write the letters feels a little ominous,” analysts added. “We continue to believe that the motor finance review will result in significant liability for a number of UK banks.” KBW estimated Lloyds to be pricing in a total liability of £2 billion, with Close Brothers’ potential hit at £350 million. Both were kept at ‘outperform&rs |
Posted at 14/4/2024 12:39 by hardup1 20 dirt-cheap British stocks experts say could make you a fortune.7) LLOYDS BANKING GROUP (FTSE100) Ninety One's Ben Needham says Lloyds should offer investors 'an excellent cash return story' in the coming years. This will come in the form of a compelling dividend (2.76p a share in the 2023 financial year) and a strong share price return, driven in part by the company buying back its shares (reducing the number in issue), so increasing the chance of the shares going up in price. 'At the current share price,' says Needham, 'Lloyds shares should generate mid-teen annual returns for investors.' Another Lloyds fan is Interactive Investor's Richard Hunter. He says the bank's move to a more digital business (closing offices and branches) will 'reap rewards' in the form of improved margins (bigger profits). He is also encouraged by the bank returning to its previous reputation as a 'provider of large shareholder returns.' A 'progressive' dividend policy, adds Hunter, has resulted in an annual dividend equivalent to 5.4 per cent – 'tempting for income seeking investors.' The shares trade at around 51p. |
Posted at 13/4/2024 07:59 by stonedyou Lloyds Bank unlikely the target of FCA motor probe warning - analystsLloyds Banking Group PLC ( LSE:LLOY ) Lloyds Bank unlikely the target of FCA motor probe warning - analysts Last updated: 16:09 12 Apr 2024 BST, First published: 14:35 12 Apr 2024 BST Lloyds Banking Group PLC - Lloyds Banking Group PLC (LSE:LLOY) was unlikely to be the target of a warning from the UK’s financial watchdog telling motor finance firms to hold back cash for a probe into the sector. That’s according to KBW analysts, which highlighted Lloyds’ £450 million provision, laid out in February's full-year results. The Financial Conduct Authority (FCA) issued the warning in a letter on Friday morning. Many firms have struggled to pass on relevant data relating to the investigation, the FCA said, which centres on the historic use of so-called discretionary payments that saw brokers and dealers raise consumers’ interest rates on car finance. “We suspect that this primarily relates to smaller finance companies and or subsidiaries of overseas banks,” KBW noted in response. Close Brothers Group PLC (LSE:CBG) was probably not the target of the letter either, analysts continued, given the firm cancelled its dividend over the probe. “It is hard to argue that either are not focused on ensuring that they have adequate financial resources,” KBW said, discussing Lloyds and Close Brothers. That said, “the fact the FCA has had to write the letters feels a little ominous,” analysts added. “We continue to believe that the motor finance review will result in significant liability for a number of UK banks.” KBW estimated Lloyds to be pricing in a total liability of £2 billion, with Close Brothers’ potential hit at £350 million. Both were kept at ‘outperform&rs |
Posted at 23/3/2024 08:02 by freddie01 Here’s why the Lloyds, NatWest, and HSBC share prices are surgingBritish banks are roaring in 2023. Lloyds Bank(LON: LLOY) share price surged to 52.58p on Friday, 28% above its lowest level since February this year. Similarly, NatWest stock jumped to 259p, also 33% higher than the YTD low. HSBC vs Lloyds vs Barclays shares These banks have continued soaring for two main reasons. First, the Bank of England (BoE) has been quite supportive. In its meeting on Thursday, the bank decided to leave interest rates unchanged at 5.25%, its highest level in over a decade. Most banks benefit from high-interest rates because they usually lead to more net interest income (NII). The most financial results showed that Lloyds’s net interest income jumped to more than £13.8 billion, a 5% increase. Similarly, NatWest had a full-year profit of £4.4 billion and a net interest margin of 3.04%. HSBC, the biggest UK bank by assets, had a net interest margin of 1.66% and NII of over £10 billion. Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz newsletter, today. These banks will likely continue making these numbers this year as interest rates are expected to remain higher for longer. Analysts expect the Bank of England to cut interest rates by about 75 basis points this year. In a statement, analysts at Bloomberg said: “There was a dovish shift in the vote split and an acknowledgment that its policy stance will remain restrictive even if it eases.” UK banks are highly undervalued These banks have also jumped because of the perception that they are severely undervalued compared to their American and European peers. Lloyds has a price-to-book ratio of 0.67 while NatWest and HSBC have ratios of 0.57 and 0.82, respectively. These P/B ratios are much lower than other large banks. JPMorgan has a P/B multiple of 1.75 while Unicredit has 0.90. Goldman Sachs has a P/B ratio of 1.20. The price-to-book ratio is an important figure because it looks at its share price compared to its book value. UK banks are also cheap, considering that, in theory, they are among the safest ones in the industry, Most of them have a CET1 ratio of over 14, meaning that their balance sheets are much safe. Still, these companies are facing some challenges. On Thursday, we reported that Barclays is laying off hundreds of workers in its investment banking division. Lloyds is also cutting 1,600 jobs and closing some of its branches. NatWest is culling 500 jobs while HSBC is slashing more than 500 jobs and exiting some of its markets. Therefore, investors believe that these job cuts will lead to more profits as interest rates start falling. |
Posted at 04/3/2024 19:45 by fenners66 So alotto in answer to this question about your statement of the prospective 1-year yield....fenners66 25 Feb '24 - 14:45 - 27911 of 28015 >"alotto 25 Feb '24 - 12:03 - 27906 of 27910 Lloyds is repurchasing about 6.5% of the market cap. Combined with the dividend payout, the prospective 1-year yield is over 10%." So you are saying if I buy tommorow and hold for a year - I will get 4.55p in dividend income...? I'm sure you do not mean that since this year's payout is about 2.76p So why quote the erroneous yield number ? (I'll give you a chance to come up with something) You took a week to come up with :- "alotto 2 Mar '24 - 21:37 - 28008 of 28015 Ferness66 you don't get the money from the buyback as a dividend. However with the same number of shares you hold, you own a higher proportion of the company. In the years to follow you get a higher proportion of the profits that are distributed as a dividend. Combined with compounding you can make a little fortune. I hope this helps." Well we don't need to trigger another tirade from me about buybacks and all other things being equal - but its not lost on me the irony of the post before yours "So 2015 : share price = 75.02p and today after supposedly 9 years of growth, the price is 47.37p" and we all know there have been periods where a larger share of the equity would give you a larger share of the losses... and zero dividends from time to time... BUT what I can say is that in no way " the prospective 1-year yield is over 10%." So an error or an attempt to mislead some ? |
Posted at 29/2/2024 13:55 by hardup1 smurfy.....Natwest dividend yield at current share price is 6.8%. Lloyds dividend yield at current share price s 5.8%. |
Posted at 23/2/2024 05:24 by the_owl88 Lloyds shares surge as motor finance issue splits analystsLast updated: 16:01 22 Feb 2024 GMT Lloyds Banking Group PLC LSE:LLOY Lloyds Banking Group Annual results from Lloyds Banking Group PLC (LSE:LLOY) saw the shares fall in early trading before surging higher from late morning, with investors and analysts seeing several positives in the numbers. On the downside, profits fell in the fourth quarter, but were in line with expectations despite a £450 million provision to cover potential costs of a motor finance probe from the Financial Conduct Authority. One car finance boss said the move by Lloyds, which operates Black Horse motor finance, "reads as a tacit acknowledgement of the scale of the car finance mis-selling problem", with the FCA probe highlighting this "sharp practice" and "systemic problems that tipped the balance too far away from consumer interests". Lloyds, the UK's largest high-street lender, also revealed that the FCA has opened an investigation into the group's compliance with UK money laundering regulations saying it is "not currently possible to estimate the potential financial impact, if any". Positives included capital returns, where a final dividend of 1.84p per share and a buyback of up to £2 billion meant £3.8 billion of returns have been declared for 2023, equivalent to 14% of the bank's market cap. Analyst Gary Greenwood at Shore Capital said the buyback was a positive surprise, as he felt it was "something [the board] may step back from given the uncertainty surrounding the motor finance review", which he thinks could cost the bank nearer £1 billion in the end. Max Georgiou, analyst at Third Bridge, said the FCA review "could present challenges in the future, Lloyds is thought to have the largest exposure across UK peers and could present a challenge in RoTE targets moving forward". The car finance provision is "a nasty detail which may be provoking some nervousness among investors", said Russ Mould at AJ Bell. “Anyone with memories of the PPI scandal will have doubts over whether the amount set aside so far will represent the final cost of dealing with this issue. Time will tell if £450 million represents the tip of the iceberg or an appropriately conservative assumption. Lloyds admits there is considerable uncertainty on this front." It was the "key news" for analysts at KBW, who said while it is "highly unlikely" to be the end of the story, it is "orders of magnitude below market fears" and the fact that the regulator approved a £2 billion buyback "does suggest that they are not expecting outsized charges later this year". UK banks are "clearly still not through the margin woods", the KBW analysts said, "the others have just stopped talking about it", but with Lloyds shares trading on 5.6 times 2025 earnings and 0.8 times book value, "it is hard to argue that it is not well reflected in the price". At UBS, analysts highlighted that fourth-quarter underlying PBT was 2% above the analyst consensus, driven by an impairment write-back from the repayment of a Daily Telegraph loan by the Barclay family, though pre-provision profit was 34% below forecasts, driven mostly by the motor finance charge. Net interest margins and CET1 capital levels were also lower than the consensus, UBS said, while the dividend was in line. 2024 guidance was "slightly below" the City consensus, the UBS analysts said, seeing a "low to mid-single digit downside to 2024 consensus PBT" due to lower net interest income and higher operating lease depreciation partly offset by lower impairments. Guidance for return on tangible equity – a key gauge of a company's profit efficiency – was guided to fall from 15.8% last year to circa 13%, which UBS said was as expected, with Lloyds saying it should recover to 15% by 2026. |
Posted at 22/2/2024 09:11 by maxk Lloyds takes £450m hit over car finance mis-selling claimsBank forced to set cash aside as watchdog investigates sale of secondhand car loans Michael Bow 22 February 2024 • 7:53am Lloyds Banking Group has been forced to set aside £450m to cover possible compensation claims amid an investigation into claims its car finance products were missold. The bank took the charge after the Financial Conduct Authority (FCA) last month announced plans to review the sale of loans to fund drivers buying secondhand cars. Lloyds owns Black Horse, one of the biggest lenders in the car finance market. The £450m provision could be “higher or lower” once the outcome of the review is known, the bank said. The FCA is set to report its findings in September. Lloyds is the first bank to book a motor finance provision. Close Brothers, another motor finance lender, cut its dividend last week but said there was too much uncertainty around the review to take a charge. |
Posted at 20/2/2024 04:28 by the_owl88 Lloyds c16.8%, NW c13.2%, Santander c11.3%, Barclays c9.5% Hsbc c7.7% UK Mortgage Market ShareSantander unveils bumper buyback and dividend Published: 14:03 19 Feb 2024 GMT Written by: Oliver Haill Edited By: Philip Whiterow Banco Santander LSE:BNC Banco Santander - Banco Santander (LSE:BNC) unveiled a new €1.459 billion share buyback and a 50% dividend hike after generating record profits, adding its name to an expected bumper season for banking returns. Shares in the Spanish lender, the second largest in the euro zone by market cap, rose 1.4% in Madrid and 2.4% in London after it said it will launch the buyback tomorrow. A final cash dividend for 2023 of €0.095 per share was also proposed for approval at its annual general meeting in the second half of next month. Total dividends per share for 2023 will be €0.176 per share. Santander net profit hit a record €11.08 billion. Ana BotÃn, Santander’s executive chair, said: “After record performance in 2023, we continue to invest for future growth while increasing shareholder returns, returning more than €5.5bn through dividends and buybacks, which represents an equivalent yield of approximately ten per cent.” “We are already seeing good progress in 2024 and expect to achieve all our targets for this year, including a return on tangible equity of 16 per cent.” |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
