Lloyds Banking Share Discussion Threads

[xxxxxy] 25/4/2024 11:33

At 23, I am finally taking my money out of RevolutAs long as fraud victims remain in limbo, the fintech is not the future of my financesMadeleine Ross, MONEY REPORTER...Daily Telegraph

[geckotheglorious] 25/4/2024 10:06

Scruff
If you cant be diplomatic and more selective with your choice of language then you shouldnt be in politics.

Disagree - the time for the niceties of the Humphreys generation is over.
We need to change tack because the current diplomatic platitudes see us get walked over every day of the week.

[scruff1] 25/4/2024 09:29

Ben Habib I see doing his best to sink Reforms dinghy before it leaves port. We need a serious right wing alternative to the Blue Liberal Party and so far for me its not cutting it. That stupid invitation to George Galloway has already tarnished it in the eyes of many and I listened to Habibs rant and it was not the sort of thing you want to hear from someone with ambitions to be leading the country. If you cant be diplomatic and more selective with your choice of language then you shouldnt be in politics. Thats not to say you cant be forceful and determined and get your own way but you have to be realistic and mature enough to realise you have to carry with you many people with a wide variety of opinions - thats the real skill of a successful politician. Whats not going to be successful is an extreme right wing group of barmsticks. So they will have to put machine gunning the dinghies on hold for now!

[hardup1] 25/4/2024 09:07

Barclays flying after Q1 results, up 5% already. Me thinks the ongoing car finance is going to be a drag on Lloyds until the FCA complete their investigation.

[casabella2] 25/4/2024 09:04

hxxps://www.msn.com/en-gb/travel/news/arches-near-bradford-city-centre-station-to-be-gated-off-but-concerns-are-raised/ar-AA1nCcGi?ocid=winp2fptaskbar&cvid=d47764c8de414e82b5b846d6a2485e89&ei=16

[jrphoenixw2] 24/4/2024 22:29

'The UK bank levy should be recovered via a corresponding offset in NII over the next quarters.'

Meaning? I'll have a go, 'The high-profile government show of sin-taxing banks with a levy, will be recouped by the banks via them charging higher interest on loans, and paying less on customer deposits'.

Long/short: The vanity show by the govt might flatter them in some peoples eyes, meanwhile all bank customers pay for it.

Or am I too cynical?

[scemer] 24/4/2024 21:45

Thanks Freddie

[jl5006] 24/4/2024 19:25

FGS schnapps
Ur D mail article is not representative of ppl. As always a pillock.

[jl5006] 24/4/2024 19:21

Bold words Sunk - u prat - just pledges - never gets sorted - guess that is the lie - but u never even say sorry - which seems to be the get out today. a leaflet through the door - LIbdem candidate all of 23 - no use to mankind this system is as much use as a roll of Andrex

[freddie01] 24/4/2024 18:50

Lloyds swings from red into green as analysts say results weren't that bad


Analysts said Lloyds Banking Group PLC's (LSE:LLOY)'s first quarter disappointed in some respects but there was plenty to be positive about, as shares in the UK's largest lender swung from early losses to gains in early-afternoon trades.

In short, profit was 2% below the consensus City forecast, with misses on net interest income (NII) and costs largely offset by lower-than-expected impairment charges.

Full-year guidance was largely unchanged, except for costs, which ticked up slightly to include the addition of the UK bank levy and severance from job cuts.

While the quarter was a bit softer than hoped, UBS said it should result in "the same destination", with higher costs but a gradual increase in non-banking interest each quarter resulting in a 4% drop in full-year pre-provision profit.

If lower loan losses are continued, "then consensus PBT is broadly unchanged", said UBS.

Analysts at Jefferies noted that impairment charges of £57 million were an 80% beat to the consensus, with the bank flagging an improvement in new to arrears and flows to default observed across the UK mortgage portfolio.

Jefferies said Lloyds "ticks high-level boxes" in terms of a 13.3% return on tangible equity on a 13.9% CET1 capital ratio and a better quarterly margin performance than expected.

The UK bank levy should be recovered via a corresponding offset in NII over the next quarters.

Seeing a tailwind from the bank's risk-management hedge worth at least 5% to NII each year, UBS said, "we think LBG - and NatWest and Barclays - are well positioned to perform strongly in 2025 and 2026 given valuations and outlook for Eurozone peers".

UBS also highlighted Lloyds' valuation, noting it trades at 6.6 times projected 2025 earnings, which is favourable compared to its European peers.

Shore Capital pointed out that Lloyds’ shares are up 8% so far this year, outperforming the FTSE All-Share index by 5%, albeit lagging NatWest, which is up 30% and does not have exposure to the FCA’s review into discretionary motor finance probe.

Shore Cap's fair value stands at 61p, Jefferies' target price is 59p and UBS's is 58p

[hardup1] 24/4/2024 18:28

After 42 trading days, buyback complete to date:
Total shares to date........................954,865,205
Aggregate cost to date... ..................£476,654,521.96
Average price paid to date..................49.9185
Percentage of £2 billion buyback completed..23.83%

[jrphoenixw2] 24/4/2024 18:13

Previous close: 51.34
Hi: 53.22
Low: 49.61
The intra-day range there is striking; 7.15%!
Close +0.9% @ 51.78p

I'd usually expect the more informed trade, when together with volume (institutional) to make the likely correct interpretation and set the early buy/sell direction. Then the retail 'followers' to act, when they later get told the consensus interpretation. You'd almost think looking at today it was the other way around.

The alt that the Insti's 180 degrees changed their conclusions from the IMS a few hours after earlier reaching tradable conclusions holds no water either. Nor that it was an illiquid market hence volatile - volume was in-line with 3-Mo average.

[hardup1] 24/4/2024 17:37

marktime1231....go to page 3 of the link.
NIM 2.95%
EPS 1.7P
TNAV 51.2P

[xxxxxy] 24/4/2024 17:06

Nigel Farage@Nigel_FarageWe are allowing the French Navy to help the illegal gangs.0:4111:14 pm · 23 Apr 2024

[arja] 24/4/2024 16:46

scruffi ,
take note sport :) Well done !yet another brexit benefit.:)


Brexit: David Cameron admits it was easier to return migrants to France before the UK left the EU

[cardinal3] 24/4/2024 16:31

Marktime

under the header 'Financial performance in line with expectations'

Cheers

[geckotheglorious] 24/4/2024 16:14

nemesis6
Post 394243
If sunak thinks rwanda is such a great idea....pay for it himself with wifeys pocket money from daddy lol

No need. I've a better idea. Most , if not all these illegals come from countries that we give foreign aid to, or assist militarily.

So no takey illegals back, no foreign aid, no military assistance. And NO VISAS

And still send the parasitical farkers to Rwanda.

Job done.


And Sir mark Rowley is a coward. Clearly a political appointment.
Put me in charge Scruff. I'll sort it fast.

[stonedyou] 24/4/2024 15:57

Russian troops wipe out Ukrainian UAV production workshop over past day.

The Russian forces improved their frontline positions and inflicted casualties on five Ukrainian army brigades in the Donetsk area over the past day, the Defense Ministry reported.

MOSCOW, April 24. /TASS/. Russian troops destroyed an UAV (unmanned aerial vehicle) production workshop of the Ukrainian army over the past day in the special military operation in Ukraine, Russia’s Defense Ministry reported on Wednesday.

"Operational/tactical aircraft, missile troops and artillery of the Russian groups of forces destroyed a P-18 panoramic view radar station, an UAV production workshop and a fuel storage facility of the Ukrainian army and struck enemy manpower and military hardware in 117 areas," the ministry said in a statement.

Russian troops advance to better positions in Kupyansk area over past day
Russian troops took better positions and repelled a Ukrainian army counterattack in the Kupyansk area over the past day, the ministry reported.

"Battlegroup West units took more advantageous sites and inflicted casualties on manpower of the Ukrainian army’s 30th and 57th mechanized and 77th airmobile brigades near the settlements of Sinkovka and Petropavlovka in the Kharkov Region, Novosyolovskoye and Chervonaya Dibrova in the Lugansk People’s Republic. They repulsed a counterattack by formations of the Ukrainians army’s 3rd assault brigade west of the settlement of Novovodyanoye in the Lugansk People’s Republic," the ministry said.

The Ukrainian army’s losses in the Kupyansk direction over the past 24 hours amounted to 30 personnel, three motor vehicles, two 122mm Gvozdika motorized artillery systems and a US-made HIMARS multiple rocket launcher, it specified.

Russian troops improve frontline positions in Donetsk area over past day
Russian troops improved their frontline positions and inflicted casualties on five Ukrainian army brigades in the Donetsk area over the past day, the ministry reported.

"Southern Battlegroup units improved their forward edge positions and inflicted damage by firepower on personnel and equipment of the Ukrainian army’s 24th, 30th and 53rd mechanized, 56th motorized infantry and 5th assault brigades near the settlements of Zaliznyanskoye, Orekhovo-Vasilevka, Bogdanovka, Krasnoye and Kurdyumovka in the Donetsk People’s Republic," the ministry said.

Russian troops repel seven Ukrainian counterattacks in Donetsk area over past day
Russian troops repelled seven Ukrainian army counterattacks in the Donetsk area over the past day, the ministry reported.

"Near the settlements of Chasov Yar, Georgiyevka and Krasnogorovka in the Donetsk People’s Republic, seven counterattacks by assault groups of the Ukrainian army’s 41st mechanized and 46th airmobile brigades were repelled," the ministry said.

Ukraine’s army suffers 470 casualties in Donetsk area over past day
The Ukrainian army lost roughly 470 troops in battles with Russian forces in the Donetsk area over the past day, the ministry reported.

"The enemy’s losses amounted to 470 personnel, an armored combat vehicle and nine motor vehicles. In counterbattery fire, Russian troops destroyed two 155mm M777 howitzers and a 105mm M119 artillery gun of US manufacture, two 152mm Msta-B howitzers, a 152mm D-20 howitzer, a 122mm Gvozdika motorized artillery system and a BM-21 Grad multiple rocket launcher," the ministry said.

In addition, Russian troops wiped out three field ammunition depots and two Nota electronic warfare stations of the Ukrainian army, it specified.

Russian troops repulse seven Ukrainian counterattacks in Avdeyevka area over past day
Russian troops improved their tactical position and repulsed seven Ukrainian army counterattacks in the Avdeyevka area over the past day, the ministry reported.

"Battlegroup Center units improved their tactical position in active operations and inflicted damage by combined firepower on formations of the Ukrainian army’s 3rd assault and 47th mechanized brigades near the settlements of Semyonovka, Novgorodskoye and Berdychi in the Donetsk People’s Republic," the ministry said.

Russian troops also repulsed seven counterattacks by assault groups of the Ukrainians army’s 142nd infantry, 25th airborne, 23rd, 24th and 100th mechanized, 68th and 71st jaeger brigades near the settlements of Leninskoye, Ocheretino, Vodyanoye, Netailovo and Novokalinovo in the Donetsk People’s Republic, it specified.

"The Ukrainian army lost as many as 350 personnel, two motor vehicles and three 122mm D-30 howitzers," the ministry reported.

Russian troops strike three Ukrainian army brigades in south Donetsk area over past day
Russian troops took better positions and inflicted casualties on three Ukrainian army brigades in the south Donetsk area over the past day, the ministry reported.

"Battlegroup East units took more advantageous positions and inflicted casualties on manpower and equipment of the Ukrainian army’s 58th motorized infantry, 72nd mechanized and 128th territorial defense brigades near the settlements of Vodyanoye, Shevchenko and Staromayorskoye in the Donetsk People’s Republic," the ministry said.

Russian troops also repelled a counterattack by assault groups of the Ukrainian army’s 106th territorial defense brigade near the settlement of Urozhainoye in the Donetsk People’s Republic, it said.

Kiev loses 110 troops in south Donetsk area over past day
The Ukrainian army lost roughly 110 troops in battles with Russian forces in the south Donetsk area over the past day, the ministry reported.

"The Ukrainian army’s losses amounted to 110 personnel, a tank, an infantry fighting vehicle, two motor vehicles and a 122mm Gvozdika motorized artillery system," the ministry said.

Russian troops strike four Ukrainian army brigades in Kherson area over past day
Russian troops inflicted casualties on four Ukrainians army brigades in the Kherson area where the enemy lost roughly 55 personnel and three US-made artillery guns over the past day, the ministry reported.

"Dnepr Battlegroup units inflicted damage by firepower on amassed personnel of the Ukrainian army’s 28th, 65th and 117th mechanized and 126th territorial defense brigades near the settlements of Shcherbaki, Rabotino and Malaya Tokmachka in the Zaporozhye Region, Vysshetarasovka in the Dnepropetrovsk Region, Berislav and Olgovka in the Kherson Region," the ministry said.

The Ukrainian army’s losses in the Kherson direction over the past 24 hours amounted to 55 personnel, two 155mm M777 howitzers and a 105mm M119 artillery gun of US manufacture and six motor vehicles, the ministry specified.

Russian air defenses destroy 299 Ukrainians UAVs over past day
Russian air defense forces destroyed 299 Ukrainian unmanned aerial vehicles (UAVs), six smart bombs and nine rockets over the past day, the ministry reported.

"Air defense capabilities shot down 299 Ukrainian unmanned aerial vehicles, nine rockets of the US-made HIMARS and of the Olkha multiple launch rocket systems and six French-made Hammer guided aerial bombs," the ministry said.

In all, the Russian Armed Forces have destroyed 592 Ukrainian warplanes, 270 helicopters, 22,932 unmanned aerial vehicles, 509 surface-to-air missile systems, 15,827 tanks and other armored combat vehicles, 1,271 multiple rocket launchers, 9,081 field artillery guns and mortars and 21,274 special military motor vehicles since the start of the special military operation, the ministry reported.

[stevensupertrader] 24/4/2024 15:26

Coming to the close of trading , more sellers selling and gathering momentum.
Manipulation can only work for awhile