Lloyds Banking Group plc, offers a range of banking and financial services in the UK and internationally. The company is headquartered in London, the United Kingdom.
| Revenue (TTM) | $19.69B |
| Gross Profit (TTM) | $19.69B |
| EBITDA | — |
| Operating Margin | 45.00% |
| Return on Equity | 11.30% |
| Return on Assets | 0.56% |
| Revenue/Share (TTM) | $1.34 |
| Book Value | $3.78 |
| Price-to-Book | 1.29 |
| Price-to-Sales (TTM) | 3.98 |
| EV/Revenue | 4.385 |
| EV/EBITDA | — |
| Quarterly Earnings Growth (YoY) | 17.70% |
| Quarterly Revenue Growth (YoY) | 12.30% |
| Shares Outstanding | $14.33B |
| Float | $13.65B |
| % Insiders | 0.00% |
| % Institutions | 4.17% |
Volatility is currently contracting
Shares in Lloyds and NatWest fell Friday as investors reacted to reports of a possible increase in the U.K. bank-profit surcharge. The bank surcharge is reportedly expected to rise to 8% from 3% in Finance Minister John Healey's budget later this month.
Lloyds Banking Group PLC (LSE:LLOY) and NatWest Group PLC (LSE:NWG) were among the leading FTSE 100 fallers on Friday as investors reacted to expectations that Chancellor John Healey could raise taxes on banks in the 28 October budget. Lloyds fell 1.9% to 103.85p shortly after 8:30, while NatWest dropped 1.8% to 662.2p, with the sector facing the prospect of a higher surcharge on banking profits.
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The FTSE 100 Index has remained inside a narrow range in the past few weeks. It has slipped by 2.55% from its highest point this year to the current 10,708.
Lloyds Banking Group plc (LYG) Presents at Bank of America 31st Annual Financials CEO Conference Transcript
Charlie Nunn, chief executive of Lloyds Banking Group NYSE: LYG, said U.K. households and businesses have remained resilient despite a slower-growth economic backdrop, while outlining the bank's strategy for growth, investment and efficiency through 2030.
William Chalmers, chief financial officer of Lloyds Banking Group NYSE: LYG, said the lender's Accelerate 2030 strategy is designed to build on progress under its prior plan through customer-experience improvements, greater business-line connectivity, productivity gains and broader technology deployment.
Lloyds Banking Group PLC (LSE:LLOY) is expected to be among the bidders for specialist lender Aldermore, with analysts at RBC Capital Markets valuing the target at around £1.4 billion and calling the deal financials "very compelling". FirstRand, the South African group that owns Aldermore, said in its full-year results that the sale process has begun, with non-binding offers due by the end of September and final binding offers by December.
Lloyds share price has crawled back in the past few days, moving from a low of 108.25p on September 1 to the current 112.75. It is hovering slightly below the year-to-date high of 117p, and is up by 33% from its lowest level this year.
Lloyds' share price has moved sideways in recent weeks and is hovering near its highest level of the year. The stock was trading at 114.70p on Monday, just a few pence below its year-to-date high of 118p.
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