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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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28 Oct 2022 10:07

LONDON BROKER RATINGS: RBC and JPMorgan up Lloyds Banking price target

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday afternoon:

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28 Oct 2022 08:58

LONDON MARKET OPEN: Amazon adds to tech concerns; NatWest drags FTSE

(Alliance News) - It was a tough start to the day on Friday for equities in Europe, taking a lead from a dire session in Asia, as continued disappointing tech earnings in the US tested investor sentiment.

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27 Oct 2022 14:43

UK banks start cutting 'Truss premium' from mortgage rates, but slowly

LONDON, Oct 27 (Reuters) - Having hiked mortgage rates after political turmoil drove up the cost of borrowing, British banks are now cutting home loan prices, albeit slowly, as markets calm since Liz Truss's government collapsed and Rishi Sunak took power.

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27 Oct 2022 09:52

TOP NEWS: Lloyds third-quarter profit declines on credit impairment

(Alliance News) - Lloyds Banking Group PLC on Thursday reported a sharp drop in quarterly profit, as it recognised a large credit impairment to cover the rising number of bad loans.

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27 Oct 2022 08:51

LONDON MARKET OPEN: Shell moves higher as oil price rise boosts profit

(Alliance News) - London's FTSE 100 opened in the green on Thursday morning, lifted by oil major Shell, as other European stock benchmarks declined ahead of the latest monetary policy move from the European Central Bank.

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27 Oct 2022 07:52

LONDON BRIEFING: Shell back in black; Lloyds income growth "robust"

(Alliance News) - Another poor set of quarterly figures from a big US tech stock, this time Facebook-owner Meta Platforms, means European markets were set to open lower on Thursday, while traders await the latest interest rate decision by the European Central Bank.

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27 Oct 2022 07:01

Lloyds Bank Q3 profits fall on bad loans, raises NIM forecast

(Sharecast News) - Lloyds Bank lifted net interest margin guidance despite a fall in third quarter profit and rise in bad loan charges as the economic crisis started to worsen.

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20 Oct 2022 15:01

Banks, Big Tech seek clearer guidance on combating scams

LONDON, Oct 20 (Reuters) - Banks, tech and telecom companies in Britain are calling on regulators and lawmakers to make it easier for them to share anonymised data on customers so they can spot and stop scams faster, a report published on Thursday said.

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20 Oct 2022 12:22

LONDON MARKET MIDDAY: FTSE lower as UK PM Truss hangs on by thread

(Alliance News) - Blue-chip European equities struggled to make headway on Thursday, with US Federal Reserve rate hike worries and UK political instability hitting the investment mood.

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20 Oct 2022 09:35

LONDON BROKER RATINGS: DB cuts most housebuilders but raises Bellway

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

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19 Oct 2022 17:07

LONDON MARKET CLOSE: Rally runs out of steam as UK inflation tops 10%

(Alliance News) - After starting the week with two sessions in the green, the mood soured in London on Wednesday as UK consumer inflation was shoved back into double digits.

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19 Oct 2022 16:21

Banks brace for tax hit to help plug UK's budget gap

LONDON, Oct 19 (Reuters) - British banks are bracing for a potential tax hit to their profits as the government scrambles to plug an estimated 40 billion pound ($45 billion) hole in its finances.

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19 Oct 2022 12:31

World stocks slip, upbeat earnings compete with rate-hike angst

Graphic: Global asset performance http://tmsnrt.rs/2yaDPgn

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19 Oct 2022 12:15

LONDON MARKET MIDDAY: FTSE underwhelms as CPI puts spotlight on BoE

(Alliance News) - London's FTSE 100 was struggling for direction on Wednesday at midday, underperforming European peers, while pressure on the Bank of England intensified after UK inflation hit double figures again.

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19 Oct 2022 09:43

LONDON BROKER RATINGS: HSBC lifts Marston's; Barclays cuts Flutter

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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