Lloyds Banking Share Discussion Threads

[gambill] 25/7/2024 09:48

how much is the Divi please

[gbh2] 25/7/2024 08:18

Yep makes good reading, I took advantage of early drop to buy back some of those I sold yesterday.

[jordaggy] 25/7/2024 08:15

In the UK, Revolut has finally secured a banking licence, albeit with “restrictions”, more than three years after Britain’s most valuable fintech firm lodged its application with regulators.

Revolut waited years for approval, having first lodged its application for a UK banking licence in 2021. The challenge, in part, had been convincing regulators that Revolut has addressed a number of accounting and reputational concerns in recent years, after EU regulatory breaches, questions over its corporate culture and the late filing of its accounts.

A UK banking licence is a key step in accelerating Revolut’s growth, as it moves the company on from its current status as an e-money firm that operates as intermediary between consumers and licensed banks.

A UK licence will allow it to hold and customer deposits, opening the door to new income streams, since it can start funding its own-branded loans and mortgages.

[xxxxxy] 25/7/2024 07:53

7:33AMLloyds profits better than expected as it sets aside less for bad loansLloyds has revealed earnings dipped this year as it generated less income, although profits were higher than expected as it set aside less money for bad loans.The banking group, which also includes brands Halifax and Bank of Scotland, said it made pre-tax profit if £3.3bn in the first six months of the year.This marks a 14pc decline from the £3.9bn reported this time last year, however, it comes in higher than some analysts had predicted.It set aside £44m for bad loans during the latest quarter, which was much less than the £323m analysts were expecting.The bank also revealed that its balance sheet grew this year with both lending to consumers, including mortgages, and the amount in savings and current accounts increasing.Lloyds chief executive Charlie Nunn said the bank delivered "robust financial results" in the first half of the year....Daily Telegraph

[joshuam] 25/7/2024 06:42

Well divided up is great when you have too many of these, not sure what to make of the rest of it or how the market will react. Fingers crossed

[jordaggy] 25/7/2024 06:19

Ex Div 1/8.

[freddie01] 25/7/2024 06:18

Dividend increased to 1.06. More than I expected.

[smurfy2001] 25/7/2024 06:16

Interim ordinary dividend of 1.06 pence per share (equivalent to £662 million), up 15 per cent on the prior year

[jordaggy] 25/7/2024 06:15

Lloyds Banking Group has today reported a 14% fall in first half pretax profit to £3.3 billion, broadly in line with forecasts, as lending margins held firm in the face of mounting competition.

Analysts had expected the lender to report statutory pretax profit of £3.21 billion for the six months to the end of June, and £1.58 billion for the second quarter, according to consensus estimates supplied by the bank.

Britain's biggest lender of home loans reported a 2.94% net interest margin for the first half of its financial year, a key indicator of profitability, matching forecasts.

[crt131] 25/7/2024 06:14

1.06p dividend is the bit I need to know...

[stonedyou] 24/7/2024 21:18

Scholz vows not to send German troops to Ukraine

German planes will not down Russian planes and missiles, added chancellor

BERLIN, July 24. /TASS/. German Chancellor Olaf Scholz claimed that he will not send German soldier s to Ukraine and German planes will not down Russian planes and missiles.

"We will not do anything that would lead to a war between Russia and NATO. This is why I remain perfectly clear in my statements," Scholz said, speaking to the people in Saarbrucken. "I do not send soldiers to Ukraine. I will not use German pilots and German planes to down Russian planes and missiles. No, we will not do that."

"And we will not let our weapons to get into the wide Russian territory, because this is the risk that this would carry," the chancellor underscored.

Meanwhile, he pointed out that German remains the second-strongest advocate of supporting Ukraine after the United States.

[smurfy2001] 24/7/2024 20:32

I hit 120% on my shares bought in 2020. I think there's more fuel in the tank thanks to the buybacks and high interest rates.


Bank of America lifts dividend by 8.3%; announces $25B stock repurchase program

[jackie ladd] 24/7/2024 20:14

Hope this helps

[jackie ladd] 24/7/2024 20:13

You have no life

[jackie ladd] 24/7/2024 20:13

You won't be able to stop yourself loon

[b2 unabomber] 24/7/2024 19:56

Goodbye all. It was pleasure guiding you to the dark side cremations service

[b2 unabomber] 24/7/2024 18:50

back later when i hear

"Ping of the Gerbils"

[b2 unabomber] 24/7/2024 18:48

i told him how

I know Vladman Sachs