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LLOY Lloyds Banking Group Plc

60.66
0.02 (0.03%)
26 Jul 2024 - 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 Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.02 0.03% 60.66 60.36 60.38 60.52 59.54 59.82 141,047,083 16:35:08
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Commercial Banks, Nec 23.74B 5.46B 0.0859 7.03 38.55B
Lloyds Banking Group Plc is listed in the Commercial Banks sector of the London Stock Exchange with ticker LLOY. The last closing price for Lloyds Banking was 60.64p. Over the last year, Lloyds Banking shares have traded in a share price range of 39.55p to 60.80p.

Lloyds Banking currently has 63,569,225,662 shares in issue. The market capitalisation of Lloyds Banking is £38.55 billion. Lloyds Banking has a price to earnings ratio (PE ratio) of 7.03.

Lloyds Banking Share Discussion Threads

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DateSubjectAuthorDiscuss
26/7/2024
20:51
RUSSIA AND UKRAINE EXCHANGE MASSIVE STRIKES


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The Armed Forces of Ukraine resumed attempts to attack Russian rear facilities. On the night of July 25, Ukrainian UAVs and unmanned boats targeted several Russian border regions.

The Russian Ministry of Defense confirmed the attack, clarifying that the air defense forces destroyed 29 Ukrainian UAVs and two unmanned boats during the night.

The first wave of the massive drone attacks targeted the border Kursk region on the evening of July 24. Numerous explosions thundered in the area when the Russian air defense forces were destroying one enemy drone after another. In an hour and a half, 18 UAVs were destroyed. Some minor damage was reported at the local energy substation. Later at night, four more drones targeted the region but they also failed to reach their targets and were destroyed.

Three more Ukrainian UAVs were intercepted over the border Belgorod region and four drones were destroyed in the Republic of Crimea.

The peninsula came under a combined attack. It was also targeted by at least two unmanned boats but they were also destroyed by the Russian military in the Black Sea.

This was the second attack on the western shore of the peninsula in recent days. Two days before, 21 out of 25 Ukrainian drones that targeted Russian territory were also intercepted over Crimea. The Ukrainian military and their NATO ‘advisers’ mainly target the city of Sevastopol, where the main base of the Russian Black Sea Fleet is located. The city is also often targeted by NATO missiles that are much more effective than the drones, but likely suffering from the lack of foreign supplies, including as a result of the precision Russian strikes on numerous warehouses with foreign missiles throughout Ukraine, the Armed Forces of Ukraine have recently suspended missile strikes on the Crimean peninsula.

On the other hand, Russian forces destroyed several targets in different Ukrainian regions last night. They mainly used kamikaze UAVs for the strikes.

A series of explosions thundered at Ukrainian military and industrial facilities in the Kyiv region. Russian drone strikes were recorded in the area of the local Boryspil airfield. Once this was the main Ukrainian international airport. Today, the Ukrainian military is using it for the transfer and storage of military equipment from abroad. More Russian strikes were reported in the Obukhov district of the region.

A new wave of strikes was reported in the Odessa region, where a devastating attack in Izmail a day before destroyed the port infrastructure facilities and an administrative building full of Ukrainian officers and foreign mercenaries.

Russian strikes were reported in the Zhitomir and Chernihiv regions, while the Russian aerospace forces are pounding the Ukrainian military in the border Sumy and Kharkiv regions, including with upgraded heavy bombs.


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stonedyou
26/7/2024
20:42
33 RUSSIAN GROUP STRIKES HIT TARGETS IN UKRAINE PAST WEEK: MOD

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The Russian military carried out 33 group strikes against targets in Ukraine over the past week, the Russian Ministry of Defense announced on July 26.

”From 20 to 26 July, the Armed Forces of the Russian Federation have carried out 33 group strikes with precision-guided weapons and strike drones, as a result of which the following have been hit: facilities of the Ukrainian military industrial enterprises for the manufacture of gunpowder, the production and repair of armored vehicles and the energy infrastructure that supplied them,” the ministry said in its weekly briefing.

“In addition, UAV [unmanned aerial vehicle] assembly facilities, ammunition and missile artillery weapon depots, military echelons with AFU [Armed Forces of Ukraine] hardware and military personnel as well as temporary deployment areas for foreign mercenaries have been hit,” it added.

Also in the briefing, the ministry provided a summary of Russian ground operations against Kiev forces in the special military operation zone during the week.

According to the ministry, the Sever Group of Forces improved the tactical situation in its direction and inflicted losses on two AFU mechanized, motorized and assault brigades as well as on two marine brigades, three territorial defense brigades and formations of the Ukrainian National Guard. The group also repelled 21 counter-attacks.

“The AFU losses were up to 1,385 Ukrainian troops, five United States-made Bradley infantry fighting vehicles and 24 motor vehicles,” the ministry said. “In addition, two Croatian-made RAK-SA-12 MLRS [multiple launch rocket system], 23 field artillery guns, including five U.S.-made M777 howitzers as well as three field ammunition depots have been eliminated.”

The ministry also confirmed that the Zapad Group of Forces liberated Rozovka and Peschanoye in the Lugansk People’s Republic in addition to Nizhniy in the Kharkov region.

The group also defeated six brigades of the AFU as well as three territorial defense formations, said the ministry, adding that nine counter-attacks were repelled.

“The AFU losses were up to 3,640 Ukrainian troops, four tanks, including one German-made Leopard tank, 10 armored fighting vehicles, including four U.S.-made M113 armored personnel carriers and 68 motor vehicles,” it said. “In the course of counter-battery warfare, 36 field artillery guns, including nine Western-made self-propelled artillery systems and 155-mm howitzers have been hit. Eight electronic and counter-battery warfare stations and 21 field ammunition depots were also eliminated.”

During the same period, the Yug Group of Forces liberated Ivano-Daryevka in the Donetsk People’s Republic, according to the ministry.
It added that the group launched strikes on five mechanized, two airmobile and four assault brigades of the AFU, noting that six counter-attacks were also repelled.

“The AFU losses were up to 4,640 Ukrainian troops, six tanks, 23 armored fighting vehicles, including two U.S.-made M113 armored personnel carriers and 44 motor vehicles,” the ministry said. “In the course of counter-battery warfare, 64 field artillery pieces have been hit, 37 of them were Western-made, 12 electronic and counter-battery warfare stations as well as 13 field ammunition depots.”

The ministry also announced that the Tsentr Group of Forces improved its tactical position, repelled 42 counter-attacks and struck eight formations of the AFU, two territorial defense brigades and two Lut assault brigades of the National Police of Ukraine.

“The enemy losses were up to 2,525 troops, five tanks, including two U.S.-made Abrams tanks, 10 armored fighting vehicles, 24 motor vehicles, 30 field artillery guns and nine field ammunition depots,” it said.

From its side, the Vostok Group of Forces took more advantageous lines and inflicted losses on two AFU brigades, two territorial defense formations and two Ukrainian National Guard brigades, the ministry said.

“The AFU losses were up to 835 Ukrainian troops, two tanks, 30 motor vehicles, 23 field artillery guns, including 12 howitzers and 155-mm self-propelled artillery systems manufactured in NATO countries as well as six electronic warfare stations,” it added.

The ministry also announced that the Dnepr Group of Forces inflicted fire damage on mechanized, infantry, mountain assault brigades of the AFU, one marine brigade, three territorial defense brigades and National Guard brigades.

“The AFU losses were up to 100 Ukrainian troops, one tank, three armored fighting vehicles and four motor vehicles,” the ministry said. “In addition, during counter-battery warfare, 18 field artillery guns, including five U.S.-made M777 howitzers, six electronic warfare stations and six field ammunition depots have been hit.”

Also during the past week, the Operational-Tactical Aviation, UAVs, Missile Troops and Artillery of the Russian Groups of Forces have eliminated two U.S.-made HIMARS MLRS launchers, seven Grad MLRS launchers, two launchers with the AN/MPQ-65 radar station of the U.S.-made Patriot air defense system, two S-300 air defense system launchers as well as two ST-68 and P-18 mobile radar stations for detecting and tracking air targets, according to the ministry.

During the same period, Russian air defenses shot down one Mi-8 helicopter of the Ukrainian Air Force, ten U.S.-made ATACMS operational-tactical missiles, two Tochka-U tactical missiles, nine French-made Hammer aerial bombs, 36 U.S.-made HIMARS projectiles and 623 UAVs.

The ministry also revealed that 63 Ukrainian troops surrendered over the past week, 27 of them in the area of responsibility of the Dnepr Group of Forces.

“In total, 630 airplanes and 278 helicopters, 28,464 UAVs, 556 air defense missile systems, 16,684 tanks and other armored fighting vehicles, 1,390 combat vehicles equipped with MLRS, 12,416 field artillery guns and mortars as well as 24,086 units of special military equipment have been destroyed during the special military operation,” the ministry concluded.

All in all, Kiev forces suffered heavy losses as a result of Russian group strikes and ground operations over the past week. The strongest blows were in Lugansk, Donetsk and Kharkiv.





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stonedyou
26/7/2024
20:08
Lloyds hikes dividend but profits slump as mortgages struggle and savers seek better rates


Lloyds intends to pay shareholders a 1.06p per share interim dividend


The company revealed its first-half profits declined by 14% to £3.3bn


Lloyds Banking Group has upped its dividend despite reporting a significant fall in first-half profits, amid greater mortgage market competition.

Lloyds posted a 14 per cent slump in pre-tax profit to £3.3billion for the six months ending June, due to rising operating costs and peak interest rates. However, this beat analyst forecasts of around £3.2billion.

Like many other banking giants, Lloyds enjoyed bumper results in 2022 and 2023 as the Bank of England hiked the UK base rate on 14 successive occasions in response to soaring inflation, enabling it to raise mortgage costs faster than it paid out more to savers.

However, a struggling mortgage market and pressure to provide more generous savings interest has hit bank profits.

The lender intends to pay investors a 1.06 pence per share interim dividend, which is equivalent to £662million and a 15 per cent jump on the previous year.

Underlying net interest income slipped by 10 per cent to £6.3billion as its net interest margin - the difference between what banks pay savers and receive in loans - dipped by 24 basis points to 2.94 per cent.

While Lloyds' mortgage book has marginally grown to £306.9billion this year, the company noted on Thursday that homebuyers were refinancing in a lower-margin environment.

Customer deposits have increased since last December by £3.3billion to £474.7billion, with an expansion in retail deposits offsetting a drop in commercial banking deposits.

Charlie Nunn, chief executive of Lloyds, said the group 'delivered robust financial results with solid income performance and cost discipline alongside strong capital generation'.

Following the result, Lloyds upheld its annual guidance.

It expects to achieve a banking net interest margin exceeding 290 basis points and have operating expenses of approximately £9.4billion.


It also said it was confident of earning about £700million of additional revenues from strategic initiatives and delivering around £1.2billion in cost savings.

Richard Hunter, head of markets at Interactive Investor, said: 'With a resilient performance amid a higher interest rate environment and with some promising signs of growth, Lloyds has provided a timely reminder as to why it is often seen as a barometer for the wider UK economy.

'An improvement in the second quarter bodes well for the remainder of the year, with the additional possibility that the trough has been reached with regard to the crucial metric of net interest margin.'

Lloyds Banking Group shares were up 0.34 per cent to 59.86p this afternoon, but they have still expanded by around 22 per cent so far this year.

adrian noble
26/7/2024
19:42
And who said buybacks don't work..

*now running for cover, lol

carpingtris
26/7/2024
18:41
They did well. A beautiful spike out of the death star

The gerbils are all in

thanatos abyss
26/7/2024
18:16
Circa 15p on the share price through half the buyback then. Would love another 15p for the 2nd half of the buyback. Realistically though, I'd settle for half that.
chiefbrody
26/7/2024
17:55
Oh oh, NAS tapping out P3...
thanatos abyss
26/7/2024
17:54
Absolute destruction out there. Stocks are the only thing in cuckoo land. Still was a nice fast £500 tap at open

Now all that is required, is .....

"The Gerbilator"

thanatos abyss
26/7/2024
17:29
After 107 trading days, buyback complete to date:
Total shares to date........................1,930,731,922
Aggregate cost to date... ..................£1,010,427,668.77
Average price paid to date..................52.3339p
Percentage of £2 billion buyback completed..50.52%

hardup1
26/7/2024
16:21
yep


still no one

jack the tapper
26/7/2024
16:05
Classic Yank Dr. Dobiggle

Enjoy your evening turnips

thanatos abyss
26/7/2024
16:03
Get ready for a Yank maul
thanatos abyss
26/7/2024
16:03
Top 10 soft commodities all crashing, and you lot buying shares haha
thanatos abyss
26/7/2024
14:44
we prefer vlad the lion feeder
jack the tapper
26/7/2024
14:25
Dudes, NAS sitting on 19000 waiting for suckers.

Tonight will be

"TOTAL BRUTALITY"

thanatos abyss
26/7/2024
12:46
Look at the time. Somewhere else. Adios
pol pot
26/7/2024
12:45
Adieu little ones. The dark side have just completed the Death Star.

They fitted it with a far reaching weapon, safe from the glow

pol pot
26/7/2024
12:44
PS advfn - me granny could get in the back door here. Just sayin.
pol pot
26/7/2024
12:43
errr 'haha'
jack the tapper
26/7/2024
12:42
SR, see you there dude. We can't accept credit for any "Awakening", but they can all guess day and night haha
pol pot
26/7/2024
12:42
ahhh head above parapet means one thing


'total anhilliation'

jack the tapper
26/7/2024
12:41
I heard they can predict where people live, within a 5cm radius
pol pot
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