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Pin to quick picksLloyds Share News (LLOY)

Share Price Information for Lloyds (LLOY)

London Stock Exchange
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Share Price: 54.74
Bid: 54.88
Ask: 54.92
Change: -1.34 (-2.39%)
Spread: 0.04 (0.073%)
Open: 56.38
High: 56.56
Low: 54.28
Prev. Close: 56.08
LLOY Live PriceLast checked at -

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Lloyds' underlying profits ahead of forecasts

Thu, 31st Jul 2014 08:35

Lloyds saw underlying profits improve by 32% to £3.82bn in the first half of the year.The analyst consensus was for an underlying profit of £3.6bn.The above was achieved despite a 2.2% fall in total underlying income to £9.25bn.Impairments for souring loans decreased 58% to £758m.Excluding the effect of the disposal of St. James's Place underlying profit would have increased by 58%.Net interest income rose 12% on the heels of a 39 basis point increase in net interest margins, to reach 2.4%.Statutory profits before tax plummeted by 60% to £863m (Numis estimate: £1.15bn) due to a £1.1bn charge linked to legacy assets, including £600m set aside for mis-sold Payment Protection Insurance.Looking out towards the rest of the year the lender said it expected profitability for the full year to be significantly ahead of that achieved during the first six months.As of 08:15 shares in the bank were standing 0.10% higher at 76.5p.AB
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6 Feb 2023 00:01

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3 Feb 2023 09:38

TOP NEWS: NatWest boss U-turns; will face UK MPs in bank probe

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26 Jan 2023 13:04

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26 Jan 2023 09:53

NatWest to close another 23 branches in England and Wales

(Alliance News) - NatWest Group PLC has announced the closure of 23 branches across the country, adding to dozens that have already closed so far this month.

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25 Jan 2023 09:33

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20 Jan 2023 15:18

Lloyds and Halifax to close 40 branches across England and Wales

(Alliance News) - Another 40 bank branches are to be lost from the UK's high streets, as Lloyds Banking Group PLC units announced more closures.

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20 Jan 2023 10:10

Lloyds, Halifax to close 40 branches

(Sharecast News) - High street banks Lloyds and Halifax have announced further branch closures across England and Wales between April and June this year.

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20 Jan 2023 09:30

Lloyds and Halifax to close 40 branches across England & Wales

(Alliance News) - Another 40 bank branches are to be lost from the UK's high streets, as Lloyds Banking Group PLC and Halifax announced more closures.

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19 Jan 2023 11:58

Tesco Bank offers staff 1,250 pound 'cost of living' payment

LONDON, Jan 19 (Reuters) - Tesco Bank, owned by Britain’s biggest supermarket chain Tesco, said on Thursday it agreed to give around 3,400 members of staff a 1,250 pound ($1,540.63) pay increase to help them deal with the increased cost of living.

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17 Jan 2023 12:19

Lendinvest secures increased Lloyds Bank funding to GBP300 million

(Alliance News) - Lendinvest PLC on Tuesday said it secured increased funding from Lloyds Banking Group PLC to GBP300 million to launch into the homeowner mortgages market.

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13 Jan 2023 17:18

UK FTSE 100 at highest since May 2018, boosted by economic data

UK economy unexpectedly grew in November

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12 Jan 2023 10:12

TOP NEWS: Whitbread pushes ahead with Premier Inn growth in Germany

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Helios Underwriting says portfolio increases by 27% since last January

(Alliance News) - Helios Underwriting PLC on Tuesday said its overall portfolio on January 1 increased by 27% from a year earlier.

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