Lloyds Banking Share Discussion Threads

[freddie01] 24/7/2024 07:12

​​​;​​̴3;​Lloyds and NatWest share prices at nine-year highs ahead of Q1 results​​;​​̴3;​​


Major UK lenders Lloyds and NatWest are forecasting lower profits as high interest rates start to come down and competition heats up in the mortgage market.


​​​;Top UK banks are poised to report lower profits as the initial benefits of higher mortgage rates begin to fade. This shift reflects a changing financial landscape as banks navigate evolving market conditions and consumer behaviour.

​Despite elevated borrowing costs continuing to affect UK households, the banking sector is experiencing a transition period that affects their financial performance.

​Lloyds and NatWest to report figures
Lloyds Banking Group, the UK's largest mortgage lender, is expected to report a pre-tax profit of £3.2 billion for the first half of the year, marking a significant 20% decline from the £3.9 billion profit reported in the same period last year. This retreat from the highs of 2023 is due to intensified competition in the mortgage and savings markets.

NatWest is projected to report an operating pre-tax profit of £2.6 billion for the six months to June. This figure represents a substantial drop from the £3.6 billion recorded in the same period last year. Despite this decline, NatWest had previously observed an improvement in consumer confidence and reported an increase in both savings and current account balances since the end of 2023.

​Market trends and consumer behaviour
​The UK banking sector is currently experiencing several notable trends. Elevated borrowing costs continue to affect UK households, potentially leading to subdued lending levels as potential buyers await lower borrowing costs. UK interest rates have remained steady at 5.25% since August 2023, contributing to this cautious market environment.

​Interestingly, the trend of increased savings that was prominent in the previous year may be slowing down. Fewer people are transferring money into long-term savings accounts, following a surge in such transfers last year. This shift in consumer behaviour adds another layer of complexity to the evolving financial landscape that UK banks must navigate.

​Lloyds share price – technical analysis
​The price recently hit the 59p level, last seen in June 2015. The ascent over the past six months has been rapid, and may well be due for some short-term weakness.

​For the moment, however, the price is holding steady above the rising 50-day simple moving average (SMA), currently 56.19p. Weakness in June was met by buying at the 50-day SMA, so this may continue to provide support even in the event of a trendline break.

NatWest share price – technical analysis
​It has been a similarly impressive run for NatWest, which surpassed the 2023 highs in early May and has since gone on to fresh nine-year highs.

​As with Lloyds, dips have been short-lived and quickly bought, with the price holding above the 50-day SMA throughout June and into July.

​Short-term weakness might see the price test rising trendline support from mid-June, or the early 2023 highs at 313p. A close above the 2015 high at 344p would mark a long-term breakout and potentially provide more bullish momentum.

[jordaggy] 24/7/2024 07:09

Spot on Mr. Elbee

[mr.elbee] 24/7/2024 06:41

Putin doesnt have an expansionist policy .Russia could not manage such an empire even if it wanted one,which it doesnt...You are all stupid as well as ignorant.
And Nato is an agressive threat to world peace.
Dear me. It is like teaching the untermenschen[ with no wages!]
Do us all a favour and READ something different from the neo con propaganda like Prof Mearsheimer. he will tell you ALL the detail on who are the goodies ..and it aint the West.

[stonedyou] 23/7/2024 20:56

RUSSIAN DEFENSE MINISTRY CONFIRMED CONTROL OF IVANO-DARIEVKA, DPR

Support SouthFront


On July 23, the Russian Ministry of Defense officially confirmed the full control of the village of Ivano-Darievka in the Donetsk People’s Republic. The settlement is located in the Seversk direction.

The Russian flag was installed in the village of Ivano-Darievka back on July 19. Russian control was confirmed by the footage:

The Russian military confirms control of the captured settlements after the the mop up operations are completed, counterattacks of the Armed Forces of Ukraine are repelled and Russian military positions are secured.

Russian offensive in the Seversk direction is ongoing from several directions. Heavy battles are ongoing near Belogorovka to the east, but the frontlines do cnot move there. Southeast of Seversk, the Armed Forces of Ukraine are holding defense on the heights north of Ivano-Darievka. In the southern direction, the Russian military is expanding its zone of control north of Razdolovka. Clashes continue on the southern outskirts of Pereezdnoe.





Support SouthFront

[stonedyou] 23/7/2024 20:54

RUSSIAN ISKANDER STRIKE DESTROYED DOZENS OF NATO MERCENARIES HIDING IN KHARKIV
REGION

Support SouthFront


On the night of July 23, Russian forces launched a devastating strike on a hideout of NATO military instructors in Ukraine. The successful strikes were first reported by unofficial military sources and they were soon confirmed by the official report by the Russian Ministry of Defense.

A precision strike of the Russian Iskander-M missile was launched in the village of Dergachi in the border Kharkiv region. As a result of the attack, the point of temporary deployment of military instructors and advisers from NATO countries, including the United States, was destroyed.

As a result of the strike, about 50 foreigners were killed.

The reports were supported by the footage:

The Russian Defense Ministry is regularly reporting on the destruction of mercenaries from the United States, Great Britain, Georgia and other countries in Ukraine. According to the latest estimations by the Russian Defense Ministry, a total of 13,387 foreign mercenaries arrived in Ukraine during the war to participate in battles in the ranks of the Armed Forces of Ukraine. At least 5,962 militants were eliminated.

Losses of NATO countries are growing and they are more and more difficult to be hidden from the Western population. For example, retired Spanish Army Colonel Pedro Bagnos claimed that eighteen soldiers of the British Special Air Service and soldiers of the French army were killed in one of the Russian strikes in Odessa.

According to him, 25 more members of the British Special Air Service were wounded.

“I just received information that I cannot confirm, I asked for confirmation, and I was told that this is for sure… A strike was carried out in Odessa, in which at least 18 members of the British Special Air Service were killed,” Bagnos said on his YouTube channel Canal del Coronel.

“And they tell me that French soldiers have died... These are not mercenaries who are French, no, they are soldiers of the French army,“ he added.

The date of the strike was not specified.




Support SouthFront

[jackie ladd] 23/7/2024 19:41

Blue again here

[jackie ladd] 23/7/2024 19:41

Ya.mad clueless pikey

[institutional investments] 23/7/2024 18:36

Maybe a new trillion pound easing programme could but thats not going to happen

[institutional investments] 23/7/2024 18:33

I read an interesting one actually, which reminds me, release it - about how the ftse 100 will be sub 6500 going into 2025

It was definitely one of the best presentations i have ever seen on earnings, eps's and some other elements, and how politics, outlooks and so on, cant override the numbers for the institutions.

A cracker

[institutional investments] 23/7/2024 18:22

Ah i get it now. Not having a source to refer back to?

Dont worry yourself about that Smurfy. It's meant to be that way

And lets face it. All the links ive seen on lloyds threads looking back over the years, that could be sourced, well, that worked out well lol

[institutional investments] 23/7/2024 18:11

What do you mean Smurfy?

[smurfy2001] 23/7/2024 17:36

Those twitter links you keep posting are hot garbage.

[gotnorolex] 23/7/2024 17:35

Why then Dear mr.elbee has Trump promised not to come to European NATO's aid should they need defending from Putin's expansionist policy ie Latvia and Lithuania?
Can't you see he wants to recolonize Estonia, Latvia and Lithuania?
He failed in Georgia but, will be back soon before its too late as they hasten to join NATO. He has 10 years on Trump and plays the long game! I'll take Trump with forebodance if that's all America has to offer right now, and hope the ill wind blows us some good! A favourable trade deal for starters, then perhaps regain our position as a conduit between the US and the EU (taken away by Obama). If by some miracle Kamala wins the Presidency, Bernie Sanders will seem like a liberal.

[institutional investments] 23/7/2024 17:26

i already commenced at the low prices on related etfs'. Dunno if il be forced out at breakeven down the road but dont care. Il go in again for round 2

[institutional investments] 23/7/2024 17:24

The chinese infrastructure is spectacular. And they have all that plus, their reset done when it still has to come here

Watch money fly back into china in the future again

[institutional investments] 23/7/2024 17:23

When you think of all the money spent floating markets, and for what? A big reset is the norm anyway and could only ever be delayed albeit for years.

We could all be living in high spec cities around the world like Shanghai, for what they wasted

[institutional investments] 23/7/2024 17:21

Im just hopeful for you all, that you get to see it happen as you do nothing, rather than it have occurred over night, and wish you had the chance to do something, which would have been nothing 😂

[institutional investments] 23/7/2024 17:20

Only needs to be sub those, and it's lights out for the UK market



Excuse the pixels but it is necessary

[institutional investments] 23/7/2024 17:12

Smurfy, long night for all bulls ahead. This week dictates a year+

[institutional investments] 23/7/2024 17:11

looks like they are running out of gerbils.

Could be woeful in the UK tomorrow

[smurfy2001] 23/7/2024 17:10

See you kids at 60p