Lloyds Banking Share Discussion Threads

[institutional investments] 24/7/2024 09:16

Jordaggy seems ok with posting actual actuals. A rarity

[institutional investments] 24/7/2024 09:15

LLoyds at highs ahead of results? Oh dear

When did that ever work out well

[jordaggy] 24/7/2024 09:14

Santander UK has seen half-year profits slump by almost a third after being knocked by shrinking mortgage lending and higher savings rates, but is hoping for a boost from “tailwindsR21; over the final six months.
The Spanish-owned high street lender reported a 31% drop in pre-tax profits to £804 million in the first half of 2024.
Mortgage loans slumped by £4.4 billion over the half year, while its net interest income – the difference between the interest it generates from loans and pays out to savers – fell 11%.
This came after it forked out more to savers in the first three months of the year following interest rate increases.
But the group said it had since taken “pricing”; action to make savings rates less attractive, which has seen customer deposits fall by £5.6 billion.
This also helped profits increase by 6% quarter-on-quarter to £413 million in the three months to June 30, although the out-turn was 52% lower than a year earlier.
Mike Regnier, chief executive of Santander, said: “Our first half financial results were in line with our expectations, with a more positive trajectory reflecting improvements in the second quarter.”
He added the group is expecting “the impact of our pricing actions” to help provide “net interest margin tailwinds” over the second half.
Lenders have seen profits fall back in 2024 from bumper returns seen in the past two years as competition in the mortgage and savings market has heated up.

[institutional investments] 24/7/2024 09:10

The Monday glee seems a long time ago Mingy

The dark week is in motion

Ming Da Merciless24 Jul '24 - 10:02 - 31588 of 31596
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Good morning all. Sorry about the delay. Was busy getting my US friends to do me a favour.

Update of hot garbage diary

[institutional investments] 24/7/2024 09:03

Squeaky bum time Mingy

[ming da merciless] 24/7/2024 09:02

Good morning all. Sorry about the delay. Was busy getting my US friends to do me a favour.

Update of hot garbage diary

[winston wolf] 24/7/2024 08:52

Putin needs to move on and respect the wishes of these countries. As the UK did with the demise of the British Empire.
Not quite the same Hardup1
How would you feel if the EU/Nato encouraged Scotland,Wales and Northern Ireland to gain independence from the UK and make life difficult for the English.

[thanatos abysss] 24/7/2024 08:29

Putin doesn't have an expansionist policy ?Ok so we will ignore crimea and Ukraine in that theory???

[hardup1] 24/7/2024 08:05

mr.elbee....."And Nato is an agressive threat to world peace."
How is that? NATO's remit is solely to defend member states ONLY IF ATTACKED by a non NATO member. Why have all the former USSR states, with the exception of Belarus, joined or applied to join NATO? Who do they see as a threat to their national security and world peace? Putin needs to move on and respect the wishes of these countries. As the UK did with the demise of the British Empire.

[xxxxxy] 24/7/2024 07:55

Date25 July 2024EventHalf year resultsDocuments will be available under financial downloads...Lloyds site