Lloyds Banking (LLOY)

Company name:	Lloyds Banking Group Plc
Company Description:	A group engaged in the provision of a comprehensive range of banking and financial services
EPIC:	LLOY	Trading Currency:	GBX
Market Sector:	FE10	ISIN:	GB0008706128
Market Segment:	SET1	Share Type:	DE
WWW Address:	http://www.lloydsbankinggroup.com	Description:	ORD 10P
Industry Sector:	BANKS

Price	Price Change [%]	Bid	Offer	Open	High	Low	Volume
27.79	-0.375 [-1.33]	27.75	27.77	28.07	28.16	27.49	106,974,984
Market Cap. [m]	Shares In Issue [m]	Beta	EPS	DPS	PE Ratio	Yield	52-Wks-Range
19,664.67	70,774.42	0.01	3.50	1.12	7.94	4.03	69.99 - 25.50

Lloyds Banking Key Figures

(at previous day's close)
Market Cap.	19,664.67	m
Shares In Issue	70,774.42	m
Prev. Close	28.16
PE Ratio	7.94
Dividend Yield	4.03	%
EPS - basic	3.50	p
Dividend PS	1.12	p
Dividend Cover	3.13
Cash Flow PS	15.94	p
Return On Equity (ROE)	6.14	%
Operating Margin	10.37	%
PEG Factor	-0.22
EPS Growth Rate	-36.36	%
Dividends PS Growth Rate	-65.11	%
Net Debt	730,957.00	m
Gross Gearing	94.27	%
Quick Assets	591,990.00	m
Net Working Capital	-	m
Intangibles / Fixed Assets	4.83	%
Turnover PS	59.85	p
Pre-Tax Profit PS	6.21	p
Retained Profit PS	0.87	p
Cash PS	77.90	p
Net Cash PS	77.90	p
Net Tangible Asset Value PS *	50.74	p
Net Asset Value PS	67.55	p
Spread	0.02 (0.05%)
* Calculation based on Ordinary Capital figure as contained in last annual report, and the most recent shares in issue figure. Therefore the ratio might be exposed to inaccuracies.

Lloyds Banking Balance Sheet

Share Price Performance

Sample Period ^†	High	Low
1 week	28.61	25.50
4 weeks	31.20	25.50
12 weeks	38.02	25.50
1 year	69.99	25.50

Share Price Chart (5 years)

Lloyds Banking Historic Returns

Period ^†	Open	Change	%	Open Avg.	Avg. Daily Vol [m]	Total Vol [m]	VWAP
1 week	26.50	1.29	4.85	25.50	240.86		27.54
4 weeks	29.48	-1.69	-5.73	25.50	228.64		28.74
12 weeks	28.90	-1.12	-3.86	25.50	266.08		30.97
26 weeks	56.82	-29.04	-51.10	25.50	297.06		34.72
1 year	50.34	-22.56	-44.81	25.50	246.91		43.97
3 years	67.21	-39.43	-58.66	25.50	193.12		54.18
5 years	83.54	-55.76	-66.74	25.50	189.02		58.43
† periods calculated are whole weeks rather than calendar months

Lloyds Banking Key Management Ratios

Lloyds Banking Investment Ratios

(Market value analysis) at previous day's close
PQ Ratio	1.75
PE Ratio	7.94
Tobin's Q Ratio	0.02
Tobin's Q Ratio (excl. intangibles)	0.02
Dividend Yield	4.03	%
Market-to-Book Ratio	0.41
Price-to-Pre-Tax Profit PS	4.48
Price-to-Retained Profit PS	32.08
Price-to-Cash Flow PS	1.74
Price-to-Sales PS	0.46
Price-to-Net Tangible Asset Value PS	0.54
Price-to-Cash PS	0.36
Net Working Capital PS	-
Price Pct to Working Capital PS	-	%
Earnings Yield	12.60	%
Average PE	31.11
Years in average	5
PE to PE average	25.52	%

Lloyds Banking Financial Ratios

(Leverage Ratios)
Debt Ratio	94.27	%
Debt-to-Equity Ratio	16.44
Debt-to-Equity Ratio (excl. Intgbl)	21.77
Debt-to-Equity Market Value	39.97
Net Gearing	87.66	%
Net Gearing (excl. Intangibles)	88.90	%
Gross Gearing	94.27	%
Gross Gearing (excl. Intangibles)	95.61	%
Gearing Under 1 Year	-	%
Gearing Under 1 Year (excl. Intgbl)	-	%
Assets/Equity	17.44
Cash/Equity	115.32
(Liquidity Ratios)
Net Working Capital to Total Assets	70.99	%
Current Ratio	-
Quick Ratio (Acid Test)	-
Liquidity Ratio	-
Cash & Equiv/Current Assets	9.31	%
(Solvency Ratios)
Enterprise Value	750,824.68	m
CFO/Sales	0.27
CFO/Attributable Profit	3.86
CFO/Assets	0.01
CFO/Debt	0.01
Total Debt/Equity Market Value	39.97
Total Debt/Sales	18.56
Total Debt/Pre-Tax Profit	178.94
Total Debt	786,087.01	m
Total Debt/Net Current Assets	1.33	%
(Dodds - Graham Ratios)
3 yr Compound Earnings Growth	-	%
5 yr Compound Earnings Growth	34.34	%
10 yr Compound Earnings Growth	-	%
Earn drops > 5% in 10yrs	9

Beta (60-Mnth)	Beta (36-Mnth)
0.0102	0.0332

Lloyds Banking Operating Ratios

(Profitability Ratios)
Return On Capital Employed (ROCE)	0.53	%
Return On Assets (ROA)	0.36	%
Net Profit Margin	6.91	%
Assets Turnover	0.05
Return On Equity (ROE)	6.14	%
Return On Investment (ROI)	0.36	%
Dividend Payout Ratio	32.00	%
Plowback Ratio	68.00	%
Growth from Plowback Ratio	4.08	%
Net Income Of Revenues	1.45	%
(Asset Utilisation Multiples)
Shareholders Equity Turnover	0.87
Fixed Assets Turnover	0.17
Current Assets Turnover	0.07
Net Working Capital Turnover
Inventory Turnover	-
(Other Operating Ratios)
Total Assets-to-Sales	19.26
Debtors-to-Sales	1,216.43	%
Debt Collection Period	4,439.96	Days

Lloyds Banking Dividends

Announcement Date	Type	Curr.	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Payment Date	Total Dividend Amount
31 Jul 2019	Interim	GBX	1.12	31/12/2018	31/12/2019	08/08/2019	09/08/2019	13/09/2019	1.12
20 Feb 2019	Final	GBX	2.14	31/12/2017	31/12/2018	04/04/2019	05/04/2019	21/05/2019	3.21
01 Aug 2018	Interim	GBX	1.07	31/12/2017	31/12/2018	16/08/2018	17/08/2018	26/09/2018	-
21 Feb 2018	Final	GBX	2.05	31/12/2016	31/12/2017	19/04/2018	20/04/2018	29/05/2018	3.05
27 Jul 2017	Interim	GBX	1.00	31/12/2016	31/12/2017	10/08/2017	11/08/2017	27/09/2017	-
22 Feb 2017	Special	GBX	0.50	31/12/2015	31/12/2016	06/04/2017	07/04/2017	16/05/2017	-
22 Feb 2017	Final	GBX	1.70	31/12/2015	31/12/2016	06/04/2017	07/04/2017	16/05/2017	3.05
28 Jul 2016	Interim	GBX	0.85	31/12/2015	31/12/2016	11/08/2016	12/08/2016	28/09/2016	-
25 Feb 2016	Final	GBX	1.50	31/12/2014	31/12/2015	07/04/2016	08/04/2016	17/05/2016	2.75
25 Feb 2016	Special	GBX	0.50	31/12/2014	31/12/2015	07/04/2016	08/04/2016	17/05/2016	-
31 Jul 2015	Interim	GBX	0.75	30/12/2014	30/06/2015	13/08/2015	14/08/2015	28/09/2015	-
27 Feb 2015	Final	GBX	0.75	31/12/2013	31/12/2014	02/04/2015	07/04/2015	19/05/2015	0.75
26 Feb 2010	Final	GBX	-	31/12/2008	31/12/2009	-	-	-	-
27 Feb 2009	Final	GBX	-	31/12/2007	31/12/2008	-	-	-	11.40
06 May 2008	Interim	GBX	11.40	30/12/2007	30/06/2008	06/08/2008	08/08/2008	01/10/2008	11.40
22 Feb 2008	Final	GBX	24.70	31/12/2006	31/12/2007	05/03/2008	07/03/2008	07/05/2008	35.90
31 Jul 2007	Interim	GBX	11.20	30/12/2006	30/06/2007	08/08/2007	10/08/2007	03/10/2007	-
25 Feb 2007	Final	GBX	23.50	31/12/2005	31/12/2006	07/03/2007	09/03/2007	02/05/2007	34.20
02 Aug 2006	Interim	GBX	10.70	30/12/2005	30/06/2006	09/08/2006	11/08/2006	04/10/2006	-
24 Feb 2006	Final	GBX	23.50	31/12/2004	31/12/2005	08/03/2006	10/03/2006	03/05/2006	34.20
29 Jul 2005	Interim	GBX	10.70	30/12/2004	30/06/2005	10/08/2005	12/08/2005	05/10/2005	-
04 Mar 2005	Final	GBX	23.50	31/12/2003	31/12/2004	16/03/2005	18/03/2005	04/05/2005	34.20
30 Jul 2004	Interim	GBX	10.70	30/12/2003	30/06/2004	11/08/2004	13/08/2004	06/10/2004	-
08 Mar 2004	Final	GBX	23.50	29/12/2002	29/12/2003	17/03/2004	19/03/2004	05/05/2004	34.20
31 Jul 2003	Interim	GBX	10.70	30/12/2002	30/06/2003	13/08/2003	15/08/2003	08/10/2003	-
14 Feb 2003	Final	GBX	23.50	31/12/2001	31/12/2002	26/02/2003	28/02/2003	07/05/2003	34.20
02 Aug 2002	Interim	GBX	10.70	30/12/2001	30/06/2002	14/08/2002	16/08/2002	09/10/2002	-
15 Feb 2002	Final	GBX	23.50	31/12/2000	31/12/2001	27/02/2002	01/03/2002	01/05/2002	33.70
27 Jul 2001	Interim	GBX	10.20	30/12/2000	30/06/2001	08/08/2001	10/08/2001	10/10/2001	-
16 Feb 2001	Final	GBX	21.30	31/12/1999	31/12/2000	28/02/2001	02/03/2001	02/05/2001	30.60
28 Jul 2000	Interim	GBX	9.30	30/12/1999	30/06/2000	07/08/2000	11/08/2000	11/10/2000	-
11 Feb 2000	Final	GBX	18.50	31/12/1998	31/12/1999	21/02/2000	25/02/2000	03/05/2000	26.60
30 Jul 1999	Interim	GBX	8.10	30/12/1998	30/06/1999	09/08/1999	13/08/1999	13/10/1999	-
12 Feb 1999	Final	GBX	15.50	31/12/1997	31/12/1998	22/02/1999	26/02/1999	05/05/1999	22.20
31 Jul 1998	Interim	GBX	6.70	30/12/1997	30/06/1998	10/08/1998	14/08/1998	09/10/1998	-
13 Feb 1998	Final	GBX	11.90	31/12/1996	31/12/1997	23/02/1998	27/02/1998	01/05/1998	17.20

Lloyds Banking Fundamentals

	31 Dec 2016 (GBP)		31 Dec 2017 (GBP)		31 Dec 2018 (GBP)		31 Dec 2019 (GBP)
turnover	39,611.00	100.00%	34,237.00	100.00%	22,091.00	100.00%	42,356.00	100.00%	m
pre tax profit	4,238.00	10.70%	5,275.00	15.41%	5,960.00	26.98%	4,393.00	10.37%	m
attributable profit	2,001.00	5.05%	3,042.00	8.89%	3,869.00	17.51%	2,925.00	6.91%	m
retained profit	789.00	1.99%	758.00	2.21%	1,629.00	7.37%	613.00	1.45%	m
eps - basic (p)	2.90		4.40		5.50		3.50
eps - diluted (p)	2.90		4.30		5.50		3.40
dividends per share	3.05		3.05		3.21		1.12

Lloyds Banking Balance Sheet

	31 Dec 2016 (GBP)		31 Dec 2017 (GBP)		31 Dec 2018 (GBP)		31 Dec 2019 (GBP)


	31 Dec 2016 (GBP)		31 Dec 2017 (GBP)		31 Dec 2018 (GBP)		31 Dec 2019 (GBP)
ASSETS
fixed assets	12,972.00	1.59%	12,727.00	1.57%	12,300.00	1.54%	13,104.00	1.57%	m
intangibles	8,739.00	1.07%	9,984.00	1.23%	10,419.00	1.31%	11,690.00	1.40%	m
fixed investments	260,330.00	31.83%	248,713.00	30.63%	226,617.00	28.41%	217,109.00	26.04%	m
current assets - other	-	-%	-	-%	-	-%	-	-%	m
stocks	-	-%	-	-%	-	-%	-	-%	m
debtors	488,299.99	59.71%	482,164.02	59.37%	493,599.00	61.89%	536,860.00	64.38%	m
cash & securities	47,452.00	5.80%	58,521.00	7.21%	54,663.00	6.85%	55,130.00	6.61%	m

TOTAL	817,792.98	100%	812,109.02	100%	797,598.00	100%	833,893.01	100%	m

LIABILITIES
creditors - short	-	-%	-	-%	-	-%	-	-%	m
creditors - long	-	-%	-	-%	-	-%	-	-%	m
creditors - other	654,757.00	80.06%	641,630.99	79.01%	630,869.00	79.10%	657,508.01	78.85%	m
subordinated loans	19,831.00	2.42%	17,922.00	2.21%	17,656.00	2.21%	17,130.00	2.05%	m
insurance funds	94,390.00	11.54%	103,413.00	12.73%	98,874.00	12.40%	111,449.00	13.36%	m

TOTAL	768,978.00	94.03%	762,965.99	93.95%	747,399.00	93.71%	786,087.01	94.27%	m

EQUITY
ord cap, reserves	48,375.00	5.92%	48,906.00	6.02%	49,925.00	6.26%	47,603.00	5.71%	m
prefs, minorities	440.00	0.05%	237.00	0.03%	274.00	0.03%	203.00	0.02%	m

TOTAL	48,815.00	5.97%	49,143.00	6.05%	50,199.00	6.29%	47,806.00	5.73%	m

OTHER
NAV Basic	-		-		-		-
NAV Diluted	-		-		-		-

Lloyds Banking Cash Flow Statement

	31 Dec 2016 (GBP)	31 Dec 2017 (GBP)	31 Dec 2018 (GBP)	31 Dec 2019 (GBP)
Operating CF	2,074.00	-3,195.00	-11,107.00	11,281.00	m
Pre-Financing CF	1,388.00	3,613.00	814.00	9,151.00	m
Retained CF	-9,565.00	-1,406.00	-3,484.00	2,587.00	m

Lloyds Banking Brokers

Name	Activity	Type	Mnemonic	Code
Evolution Securities Limited	Market Maker(MME)	Broker/Dealer	EVO	EVBGGB21MMT
Fox-Davies Capital Ltd	Market Maker(MME)	Broker/Dealer	FOXY	FOXD1234
Winterflood Securities Ltd	Market Maker(MME)	Broker/Dealer	WINS	WNTSGB2LBIC