Lloyds Banking Group (LLOY)

Sector:

Banking

Index:

FTSE 100

54.22p
   
  • Change Today:
    -0.58p
  • 52 Week High: 56.38
  • 52 Week Low: 39.76
  • Currency: UK Pounds
  • Shares Issued: 62,722m
  • Volume: 157,631,471
  • Market Cap: £34,008m
  • RiskGrade: 208

Thursday preview: Global PMIs, Lloyds in focus

By Alexander Bueso

Date: Thursday 22 Feb 2024

LONDON (ShareCast) - (Sharecast News) - All eyes on Thursday will be on a raft of purchasing managers' surveys due out in the euro area, UK and US covering the month of January.




On home shores, S&P Global will publish the PMI survey results for services and manufacturing at 0930 GMT.

Investors will likely also be closely attuned to the speeches scheduled for at least four top Federal Reserve officials for throughout the afternoon.

Those would be on top of readings for weekly jobless claims, existing home sales in January and the Kansas Fed's regional factory survey.

Across the Channel meanwhile, at 1000 GMT Eurostat is due to release a report on euro area consumer prices in the month of January.

Ahead of Lloyds Bank's results, Jason Napier at UBS said that any clarity around the result - and potential monetary consequences - of the Financial Conduct Authority's motor finance review was central to the rating on the shares.

For his part, the analyst said that he had penciled in provisions of £1bn taken in fiscal years 2024-25 each, albeit with a "low" degree of confidence as to the quantum and timing.

Napier's estimates called for a 3% decline quarter-on-quarter in Lloyds net interest income over the three months to December to reach roughly £3.33bn, while underlying profit before tax was pegged at up by 1% at £2.05bn.

The quarterly dividend was seen at 1.8p per share.

Guidance for FY 2024-25 would also be in focus.



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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Lloyds Market Data

Currency UK Pounds
Share Price 54.22p
Change Today -0.58p
% Change -1.06 %
52 Week High 56.38
52 Week Low 39.76
Volume 157,631,471
Shares Issued 62,722m
Market Cap £34,008m
RiskGrade 208

Lloyds Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
87.34% above the market average87.34% above the market average87.34% above the market average87.34% above the market average87.34% above the market average
64.71% below the sector average64.71% below the sector average64.71% below the sector average64.71% below the sector average64.71% below the sector average
Price Trend
74.68% above the market average74.68% above the market average74.68% above the market average74.68% above the market average74.68% above the market average
5.88% below the sector average5.88% below the sector average5.88% below the sector average5.88% below the sector average5.88% below the sector average
Income
93.69% above the market average93.69% above the market average93.69% above the market average93.69% above the market average93.69% above the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Growth
61.43% above the market average61.43% above the market average61.43% above the market average61.43% above the market average61.43% above the market average
29.41% above the sector average29.41% above the sector average29.41% above the sector average29.41% above the sector average29.41% above the sector average

What The Brokers Say

Strong Buy 5
Buy 5
Neutral 6
Sell 1
Strong Sell 0
Total 17
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Lloyds Dividends

  Latest Previous
  Final Interim
Ex-Div 11-Apr-24 03-Aug-23
Paid 21-May-24 12-Sep-23
Amount 1.84p 0.92p

Trades for 10-Jun-2024

Time Volume / Share Price
16:27 60 @ 54.22p
16:27 66 @ 54.22p
16:27 31 @ 54.22p
16:27 223 @ 54.22p
16:27 57 @ 54.22p

Lloyds Key Personnel

Chair Robin Budenberg

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