ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

LLOY Lloyds Banking Group Plc

52.18
0.12 (0.23%)
03 May 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
  0.12 0.23% 52.18 52.24 52.28 52.90 52.20 52.38 86,283,449 16:35:06
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Commercial Banks, Nec 23.74B 5.46B 0.0859 6.08 33.22B

Lloyds Second-Quarter Pretax Profit Rose Ahead of Views

29/07/2021 7:44am

Dow Jones News


Lloyds Banking (LSE:LLOY)
Historical Stock Chart


From May 2021 to May 2024

Click Here for more Lloyds Banking Charts.

By Sabela Ojea

 

Lloyds Banking Group PLC reported Thursday a rise in pretax profit for the second quarter of 2021, surpassing market expectations, after releasing more impairments amid an economic recovery.

The FTSE 100-listed bank posted a pretax profit of 2.1 billion pounds ($2.92 billion) for the period compared with a loss of GBP676 million for the year-earlier period and a profit of GBP1.29 billion for the same period in 2019.

Lloyds was expected to post a pretax profit of GBP1.23 billion for the period, according to its compiled consensus.

The bank released impairments of GBP333 million, up from GBP323 million in the previous quarter.

Net income rose to GBP3.90 billion from GBP3.46 billion for the year-earlier period and GBP4.40 billion for the second quarter of 2019. Net income was anticipated to come in at GBP3.69 billion, taken from the bank's compiled consensus.

The bank ended the period with a common equity Tier 1 ratio--a key measure of balance-sheet strength--of 16.7% and declared an interim dividend of 0.67 pence a share.

 

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

 

(END) Dow Jones Newswires

July 29, 2021 02:34 ET (06:34 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

1 Year Lloyds Banking Chart

1 Year Lloyds Banking Chart

1 Month Lloyds Banking Chart

1 Month Lloyds Banking Chart

Your Recent History

Delayed Upgrade Clock