Lloyds Banking Group (LLOY)

Sector:

Banking

Index:

FTSE 100

55.92p
   
  • Change Today:
      0.36p
  • 52 Week High: 56.42
  • 52 Week Low: 39.76
  • Currency: UK Pounds
  • Shares Issued: 62,620m
  • Volume: 25,915,737
  • Market Cap: £35,017m
  • RiskGrade: 208

Wednesday preview: US corporate results, Lloyds in the spotlight

By Alexander Bueso

Date: Tuesday 23 Apr 2024

LONDON (ShareCast) - (Sharecast News) - The market spotlight on Wednesday will be firmly on the U.S., as the latest quarterly results from the country's tech heavyweights continue to roll in.
Among the corporate names due to report are Boeing, IBM, and Intel.

Investors will also be digesting the latest results out from Tesla.

On the economic side of things meanwhile, the IFO institute is due to release the results of its business confidence survey for April.

Stateside meanwhile the Department of Commerce will release durable goods orders figures for the month of March.

In the company arena, it's Lloyds that will be in focus, as the lender publishes its first quarter numbers.

UBS analyst Jason Napier was anticipating profit before tax of £1.61bn or £1.67bn excluding remediation charges, for a common equity tier one ratio of 13.9%.

Lloyds had guided towards 2024 net interest margins in excess of 2.90%.

According to UBS analyst Jason Napier, the lenders' shares were trading on 6.5 times' his estimated adjusted earnings per share for 2025.

In turn, that implied a significant 'miss' on Lloyd's target for return-on -tangible-equity and/or "substantial" costs to shareholders from motor finance redress.

The findings of the FCA's review of motor finance commissions were due on 24 September.

Wednesday 24 April

INTERIMS

Tracsis

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Crude Oil Inventories (US) (15:30)

Durable Goods Orders (US) (13:30)

IFO Business Climate (GER) (09:00)

IFO Current Assessment (GER) (09:00)

IFO Expectations (GER) (09:00)

MBA Mortgage Applications (US) (12:00)

FINALS

1Spatial, Sanderson Design Group, Star Energy Group, Tortilla Mexican Grill, Warpaint London

AGMS

Abrdn , Allianz Technology Trust, AssetCo, Breedon Group , British American Tobacco, British American Tobacco, Bunzl, Coro Energy, Croda International, Entain, Greencoat UK Wind, Nichols, Primary Health Properties, Synectics, Woodside Energy Group Ltd NPV (DI)

FINAL DIVIDEND PAYMENT DATE

Conduit Holdings Limited Com Shs (DI)

Q1

HSBC Holdings, PensionBee Group

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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 55.92p
Change Today 0.36p
% Change 0.65 %
52 Week High 56.42
52 Week Low 39.76
Volume 25,915,737
Shares Issued 62,620m
Market Cap £35,017m
RiskGrade 208

Lloyds Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
85.91% above the market average85.91% above the market average85.91% above the market average85.91% above the market average85.91% above the market average
88.24% below the sector average88.24% below the sector average88.24% below the sector average88.24% below the sector average88.24% below the sector average
Price Trend
78.94% above the market average78.94% above the market average78.94% above the market average78.94% above the market average78.94% above the market average
17.65% above the sector average17.65% above the sector average17.65% above the sector average17.65% above the sector average17.65% above the sector average
Income
92.12% above the market average92.12% above the market average92.12% above the market average92.12% above the market average92.12% above the market average
46.67% below the sector average46.67% below the sector average46.67% below the sector average46.67% below the sector average46.67% below the sector average
Growth
62.35% above the market average62.35% above the market average62.35% above the market average62.35% above the market average62.35% 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 24-Jun-2024

Time Volume / Share Price
12:20 2,620 @ 55.95p
12:20 1 @ 55.96p
12:20 213 @ 55.92p
12:20 114 @ 55.92p
12:19 1 @ 55.94p

Lloyds Key Personnel

Chair Robin Budenberg

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