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LLOY Lloyds Banking Group Plc

64.16
-0.06 (-0.09%)
14 Feb 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Lloyds Banking Group Plc LSE:LLOY London Ordinary Share GB0008706128 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.06 -0.09% 64.16 170,428,275 16:35:20
Bid Price Offer Price High Price Low Price Open Price
64.06 64.08 64.40 63.50 64.30
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Commercial Banks, Nec 23.74B 5.46B 0.0901 7.11 38.93B
Last Trade Time Trade Type Trade Size Trade Price Currency
16:48:53 O 1 64.06 GBX

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Date Time Title Posts
16/2/202513:43Lloyds Bank (MODERATED)2,581
16/2/202508:41Black Beauty: A Recovering Quadruped400,840
13/2/202512:02Lloyds Bank (LLOY) 'On Topic only' - Thread35,111
29/1/202502:26HALIFAX SHARE DEALING83
17/12/202407:03Corrupt crown estate stole clean energy security-

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Posted at 16/2/2025 08:20 by Lloyds Banking Daily Update
Lloyds Banking Group Plc is listed in the Commercial Banks, Nec sector of the London Stock Exchange with ticker LLOY. The last closing price for Lloyds Banking was 64.22p.
Lloyds Banking currently has 60,617,012,971 shares in issue. The market capitalisation of Lloyds Banking is ÂŁ38,843,381,912.
Lloyds Banking has a price to earnings ratio (PE ratio) of 7.11.
This morning LLOY shares opened at 64.30p
Posted at 30/1/2025 07:23 by our haven
Fool article posted this morning not a good read. My view currently is to holdLloyds Banking Group (LSE:LLOY) has enjoyed an electrifying start to 2025. At 62.5p per share, the FTSE 100 bank has risen a whopping 13.4% in value in just a handful of weeks.Yet even accounting for this rise, the Lloyds share price looks dirt cheap. At least on paper, that is.Its price-to-earnings (P/E) ratio for this year's a modest 9 times. But the Black Horse Bank doesn't just look cheap based on predicted profits. With a price-to-book (P/B) ratio of 0.9, it trades at a slight discount to the value of its assets.Throw a 5.5% forward dividend yield into the mix too, and Lloyds shares seem to offer terrific all-round value.However, it's important to remember that a cheap share price is common among high-risk companies and/or those with poor growth prospects. With this in mind, should investors consider cut-price Lloyds shares next month?Growth issuesTimes are tough for the high street banks. And things could get more difficult as subdued economic conditions dampen credit demand among consumers and businesses. On top of this, the traditional lenders' margins are under threat as the Bank of England (BoE) gears up to make further interest rate cuts and market competition increases.Lloyds' net interest margin (NIM) - the difference between what it charges borrowers and the interest it pays savers - dropped to a wafer-thin 2.94% as of September. It could plummet in 2025 if the BoE's ratesetters (likely) slash interest rates multiple times this year.Lloyds chief executive Charlie Nunn has tipped three interest rate reductions by the end of December.Cost-cutting increasesIn this environment, retail banks have little room to grow earnings. So in recent days, Lloyds has announced more branch closures to give the bottom line a boost and further its pivot to digital banking. By next March, the bank plans to shutter another 136 branches to reduce its cost base. This will take the number of Lloyds, Halifax and Bank of Scotland branches to 757, down significantly from 2,200 a decade ago.As I say, the overall loan outlook for the bank's pretty gloomy. However, signs of recovery in the housing market are a good omen for its mortgage unit. Lloyds is the UK's most popular residential home loan provider with a market share of around 19%.Car crash coming?Based on all the above, I feel investors should think about buying other value shares instead. And especially when I get onto potentially the biggest threat to Lloyds in the short-to-medium term.As a major car finance provider, Lloyds faces potentially billions of pounds in fines if found guilty of mis-selling motor loans. HSBC thinks the Financial Conduct Authority probe into the non-disclosure of dealer commissions could cost the sector a staggering £44bn.If so, this could cause shockwaves for Lloyds' profits, dividends and, as a consequence, share price. The bank might be cheap, but I think this reflects the high degree of risk it poses.
Posted at 15/1/2025 14:45 by bargainbob
Of all the days to release this pre market . You could not make it up.

“ LLOY chart by TradingView
The daily chart shows that the LLOY share price has been in a tight range in the past few weeks. It has moved below the 50-day moving average. Most importantly, there are signs that the stock has formed a bearish flag chart pattern, a popular bearish sign in the market. This pattern is one of the riskiest signs in the market.
Lloyds has moved to the 38.2% Fibonacci Retracement level, while the Relative Strength Index (RSI) and the MACD indicators have pointed downwards. Therefore, the bearish flag pattern will point to more downside, with the next point to watch being the 50% retracement point at 50.4p.”
Posted at 06/1/2025 16:37 by marktime1231
KBW up the estimated car finance impact on LLOY to £4.2B or about 13% of tangible value so that is 6.5-7p off the share price. Quite where these numbers come from given that no-one really knows, just another guess, and stupid to qualify it as conservative. A figure which would seriously hurt LLOY buyback ambitions. But survivable. Whereas the KBW assessment of the impact on CBG would be existential.

The Supreme Court unlikely to save things. The gloomy outlook keeps LLOY in the doghouse despite how well the actual business might be doing.
Posted at 02/1/2025 11:35 by jj123bb
Another 400m shares allotted to the management! This is to whom buybacks are beneficial..... for the management to conceal the extent of shares they allot to themselves! Every Stg 2 billion on buybacks means an equivalent of 3p dividend per share less to us shareholders!!BLOCK LISTING SIX MONTHLY RETURNRNS Number : 9274RLloyds Banking Group PLC02 January 2025 (Note: Italicised terms have the same meaning as given in the UK Listing Rules.)Date: 2 January 2025 Name of applicant:Lloyds Banking Group plcName of scheme:Lloyds Banking Group Sharesave Scheme (2017)Period of return:From:01 July 2024To:31 December 2024Balance of unallotted securities under scheme(s) from previous return:61,058,925Plus: The amount by which the block scheme(s) has been increased since the date of the last return (if any increase has been applied for):150,000,000Less: Number of securities issued/allotted under scheme(s) during period (see UKLR 20.6.7G):16,504,056Equals: Balance under scheme(s) not yet issued/allotted at end of period:194,554,869Name of contact:James HicklingTelephone number of contact:07823 373602 Name of applicant:Lloyds Banking Group plcName of scheme:Lloyds Banking Group Deferred Bonus Plan 2008Period of return:From:01 July 2024To:31 December 2024Balance of unallotted securities under scheme(s) from previous return:490,589Plus: The amount by which the block scheme(s) has been increased since the date of the last return (if any increase has been applied for):0Less: Number of securities issued/allotted under scheme(s) during period (see UKLR 20.6.7G):0Equals: Balance under scheme(s) not yet issued/allotted at end of period:490,589Name of contact:James HicklingTelephone number of contact:07823 373602 Name of applicant:Lloyds Banking Group plcName of scheme:Lloyds Banking Group Share Incentive Plan (formerly Lloyds TSB Group Shareplan)Period of return:From:01 July 2024To:31 December 2024Balance of unallotted securities under scheme(s) from previous return:61,032,359Plus: The amount by which the block scheme(s) has been increased since the date of the last return (if any increase has been applied for):35,000,000Less: Number of securities issued/allotted under scheme(s) during period (see UKLR 20.6.7G):33,054,392Equals: Balance under scheme(s) not yet issued/allotted at end of period:62,977,967Name of contact:James HicklingTelephone number of contact:07823 373602 Name of applicant:Lloyds Banking Group plcName of scheme:Executive Group Ownership Share PlanPeriod of return:From:01 July 2024To:31 December 2024Balance of unallotted securities under scheme(s) from previous return:8,756,123Plus: The amount by which the block scheme(s) has been increased since the date of the last return (if any increase has been applied for):0Less: Number of securities issued/allotted under scheme(s) during period (see UKLR 20.6.7G):0Equals: Balance under scheme(s) not yet issued/allotted at end of period:8,756,123Name of contact:James HicklingTelephone number of contact:07823 373602 Name of applicant:Lloyds Banking Group plcName of scheme:Lloyds Banking Group plc Deferred Bonus Plan (2021)Period of return:From:01 July 2024To:31 December 2024Balance of unallotted securities under scheme(s) from previous return:75,000,000Plus: The amount by which the block scheme(s) has been increased since the date of the last return (if any increase has been applied for):0Less: Number of securities issued/allotted under scheme(s) during period (see UKLR 20.6.7G):0Equals: Balance under scheme(s) not yet issued/allotted at end of period:75,000,000Name of contact:James HicklingTelephone number of contact:07823 373602 Name of applicant:Lloyds Banking Group plcName of scheme:Lloyds Banking Group Long Term Share Plan 2020Period of return:From:01 July 2024To:31 December 2024Balance of unallotted securities under scheme(s) from previous return:61,000,000Plus: The amount by which the block scheme(s) has been increased since the date of the last return (if any increase has been applied for):0Less: Number of securities issued/allotted under scheme(s) during period (see UKLR 20.6.7G):0Equals: Balance under scheme(s) not yet issued/allotted at end of period:61,000,000Name of contact:James HicklingTelephone number of contact:07823 373602
Posted at 11/12/2024 11:49 by marktime1231
That was swift. I wonder where we can read the SC order giving permission to appeal, usually only granted where there is an arguable point of law with general public interest. Has the CA decision been stayed pro tem?

Guess this will delay court and FCA enforcement of restitution, while the SC decide the extent to which agent commission arrangements must be transparent when selling finance (and other things?) to ordinary consumers. I doubt whether it will change the outcome but you never know, hope causing sharp relief in LLOY share price
Posted at 03/12/2024 16:09 by cobourg1
WARNING! This report is unverified by Lloyds. It came from Bloomberg and would have been on the terminal earlier. Is this why the price is down?

Since Lloyds is reducing the risk on its books, albeit at a cost, I would have thought it quite good news, or at least neutral news, a bit like a bookie laying off risky bets.

.........................................................................

By Esteban Duarte and Aisha S Gani
3 December 2024 at 13:28 GMT



Lloyds Banking Group Plc is selling a significant risk transfer linked to around £1 billion ($1.3 billion) of UK mortgages, which have been subject to modifications such as term extensions, according to a person familiar with the matter.

Lloyds is seeking credit protection on a portfolio of home loans, which are mostly performing but are subject to high regulatory capital charges because they were previously delinquent, said the person, who asked not to be named because the deal is private. The transaction, which may be priced in coming days, also includes a portion of mortgages currently in arrears, the person said.

Terms of the transaction, including size, are subject to discussion with investors. A representative for Lloyds declined to comment.

SRTs enable banks to hold onto loan assets and offload the risk by paying investment firms to share any potential future losses. Usually, a bank would obtain default protection for as much as 15% of portfolios, and in return investors can receive yields that frequently top 10%.

Banco Santander SA is also selling an SRT linked to a portfolio of UK home loans, as part of at least a dozen of such deals the Spanish bank has in various stages of the sale process, Bloomberg reported Nov. 21.

SRTs are often configured as credit-linked notes that enable banks to free up capital they’d otherwise have to use to insure their own loans. Lloyds’ core equity tier 1 ratio, a solvency metric closely watched by investors and regulators, was at 14.3% at the end of the third quarter compared with 14.6% a year earlier, according to an Oct. 23. presentation.

Loans tied to SRTs have reached about $1 trillion, with such deals running at a record pace for the fourth straight year, according to data compiled by Chorus Capital Management.

— With assistance from Helene Durand
Posted at 26/11/2024 09:28 by jj123bb
Here is how the share buybacks are being utilized!! Reminder to all small shareholders that every Stg2 billion buyback means a 3p dividend per share less to us shareholders!RNS Number : 5640NLloyds Banking Group PLC26 November 2024 LLOYDS BANKING GROUP PLC - BLOCK LISTING OF SHARES Application has been made to the Financial Conduct Authority and the London Stock Exchange for a block listing of 185,000,000 ordinary shares of 10p each in Lloyds Banking Group plc (the "Company"), comprising 35,000,000 shares for the Lloyds Banking Group Share Incentive Plan, and 150,000,000 shares for the Lloyds Banking Group Sharesave Scheme 2017 (together the "Plans"). These shares will be allotted to trade on the London Stock Exchange and be admitted to the Official List upon allotment pursuant to the Company's obligations under the Plans. These shar
Posted at 26/11/2024 09:26 by jj123bb
Here is how the share buybacks are being utilized!! Reminder to all small shareholders that every Stg2 billion buyback means a 3p dividend per share less to us shareholders!RNS Number : 5640NLloyds Banking Group PLC26 November 2024 26 November 2024 LLOYDS BANKING GROUP PLC - BLOCK LISTING OF SHARES Application has been made to the Financial Conduct Authority and the London Stock Exchange for a block listing of 185,000,000 ordinary shares of 10p each in Lloyds Banking Group plc (the "Company"), comprising 35,000,000 shares for the Lloyds Banking Group Share Incentive Plan, and 150,000,000 shares for the Lloyds Banking Group Sharesave Scheme 2017 (together the "Plans"). These shares will be allotted to trade on the London Stock Exchange and be admitted to the Official List upon allotment pursuant to the Company's obligations under the Plans. These shares will rank equally with the existing issued ordinary shares of the Company. Admission of the shares is expected on 27 November 2024.
Posted at 11/11/2024 16:23 by car1pet
Lloyds Banking Group PLC (LSE:LLOY) potential financial risk due to motor finance loans is manageable, according to Deutsche Bank, which reaffirmed its 'buy' rating on the stock, with a slightly reduced price target of 80 pence (down from 83p).

Since 2007, Lloyds has collected an estimated £5.7 billion in interest on £56 billion in motor finance loans.

A recent court ruling introduced the possibility of "full rescission", meaning loans could theoretically be reversed, but Lloyds’ strong capital base is likely to withstand even this unlikely event, Deutsche said.


Lloyds is expected to continue a steady dividend, though stock buybacks may be more limited in the short term, the German bank said in a brief note.

Factoring in returns of all broker fees, total capital return is expected to yield 31% by 2026, with even the harshest scenario allowing for 20%.

Lloyds shares were up 1.8% at 54.04p in afternoon trading.
Posted at 08/11/2024 01:37 by cobourg1
I hope that eventually someone with some credibility will point out that any money that Lloyds is likely to pay is priced into the share price several times over. That it isn't certain that Lloyds will have to pay or what it will have to pay,and if it does it will be over a long time period. Come to think of it, a bit more information from the company wouldn't come amiss.

Lloyds is under priced compared with its peers who are generally doing quite well. I know it might be facing a hit, but 54p ....really?

Still, in some ways we are lucky, have you seen the Close Brothers share price?
Lloyds Banking share price data is direct from the London Stock Exchange

Lloyds Banking Frequently Asked Questions (FAQ)

What is the current Lloyds Banking share price?
The current share price of Lloyds Banking is 64.16p
How many Lloyds Banking shares are in issue?
Lloyds Banking has 60,617,012,971 shares in issue
What is the market cap of Lloyds Banking?
The market capitalisation of Lloyds Banking is GBP 38.93B
What is the 1 year trading range for Lloyds Banking share price?
Lloyds Banking has traded in the range of 41.05p to 64.40p during the past year
What is the PE ratio of Lloyds Banking?
The price to earnings ratio of Lloyds Banking is 7.11
What is the cash to sales ratio of Lloyds Banking?
The cash to sales ratio of Lloyds Banking is 1.64
What is the reporting currency for Lloyds Banking?
Lloyds Banking reports financial results in GBP
What is the latest annual turnover for Lloyds Banking?
The latest annual turnover of Lloyds Banking is GBP 23.74B
What is the latest annual profit for Lloyds Banking?
The latest annual profit of Lloyds Banking is GBP 5.46B
What is the registered address of Lloyds Banking?
The registered address for Lloyds Banking is THE MOUND, EDINBURGH, EH1 1YZ
What is the Lloyds Banking website address?
The website address for Lloyds Banking is www.lloydsbankinggroup.com
Which industry sector does Lloyds Banking operate in?
Lloyds Banking operates in the COMMERCIAL BANKS, NEC sector

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ADVFN users have given Lloyds Banking (LLOY) an ADVFN Rating of 2.8 out of 5 based on user sentiment.

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