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Lloyds Banking Group plc logo

Lloyds Banking Group plc

LYG

NYSEFinancial ServicesBanks - Regional

Open in GoAI

Previous close

$6.02

+$0.12 · +2.03%

Aug 21, 4:00 PM ET

Pre-market

$6.0288

+$0.0088 · +0.15%

Aug 24, 8:10 AM ET

LYG company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

91

Deep Value

Momentum

51

Neutral

Sentiment

50

Mixed

Risk resilience

75

Moderate Risk

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Thesis, catalysts, evidence, and risk analysis.

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AI-generated, informational only, and not investment advice.

Company profile

Company website

Operating primarily within the United Kingdom, Lloyds Banking Group plc and its various subsidiaries deliver an extensive array of banking and financial products and services. The group's operations are divided into three core segments: Retail, Commercial Banking, and Insurance & Wealth. The Retail division serves individual consumers and small businesses with essential financial tools like checking and savings accounts, mortgages, auto financing, unsecured personal loans, leasing arrangements, and credit cards. Through its Commercial Banking arm, the group provides lending, transactional banking, working capital solutions, risk management advice, and debt financing services, catering to small and medium-sized enterprises, large corporations, and financial institutions. The Insurance & Wealth segment focuses on offering diverse insurance products, investment opportunities, and comprehensive wealth management services. Additionally, the company provides modern digital banking solutions. Its offerings are accessible through prominent brands including Lloyds Bank, Halifax, Bank of Scotland, and Scottish Widows. Established in 1695, Lloyds Banking Group plc is headquartered in London, United Kingdom.

Industry
Banks - Regional
Sector
Financial Services
Headquarters
GB
CEO
Charles Alan Nunn
Listed since
Nov 28, 2001
Employees
60,061

Market position

Day range

Current $6.02

52-week range

Current $6.02

Open
$6.00
Previous close
$5.90
Volume
9.25M
0.48× average
Average volume
19.39M
Average daily volume
Market cap
87.37B USD
Beta
0.9
Market reference 1
50-day average
$5.9536
+1.12% above average
200-day average
$5.4787
+9.88% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
97.28B GBP
P/E (TTM)
13.78×
P/B (TTM)
1.39×
P/S (TTM)
3.31×
EV / EBITDA
14.6×
Earnings yield
7.92%
Free cash flow yield
-1.06%
Dividend yield
1.42%

Profitability & efficiency

Gross margin
99.09%
Operating margin
38.26%
Net margin
26.73%
Return on equity
9.77%
Return on assets
0.49%
Return on invested capital
1.10%

Financial health

Debt / equity
2.18×
Current ratio
0.12×
Altman Z-score
-0.4
Piotroski F-score
4 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends95%63%31%-1%Gross margin, FY2021: 87.25%Gross margin, FY2022: 77.26%Gross margin, FY2023: 56.55%Gross margin, FY2024: 49.46%Gross margin, FY2025: 29.88%Operating margin, FY2021: 36.89%Operating margin, FY2022: 23.02%Operating margin, FY2023: 22.10%Operating margin, FY2024: 15.87%Operating margin, FY2025: 10.25%Net margin, FY2021: 30.91%Net margin, FY2022: 18.42%Net margin, FY2023: 16.08%Net margin, FY2024: 11.75%Net margin, FY2025: 7.17%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 87.25%. Gross margin FY2022 77.26%. Gross margin FY2023 56.55%. Gross margin FY2024 49.46%. Gross margin FY2025 29.88%. Operating margin FY2021 36.89%. Operating margin FY2022 23.02%. Operating margin FY2023 22.10%. Operating margin FY2024 15.87%. Operating margin FY2025 10.25%. Net margin FY2021 30.91%. Net margin FY2022 18.42%. Net margin FY2023 16.08%. Net margin FY2024 11.75%. Net margin FY2025 7.17%.

Income trends

Revenue

65B GBP+72.81%

Operating income

6.66B GBP+11.56%

Net income

4.66B GBP+5.38%
Income trends across reported periods71.12B GBP46.65B GBP22.18B GBP−2.29B GBPRevenue, FY2021: 18.71B GBPRevenue, FY2022: 20.77B GBPRevenue, FY2023: 33.95B GBPRevenue, FY2024: 37.61B GBPRevenue, FY2025: 65B GBPOperating income, FY2021: 6.9B GBPOperating income, FY2022: 4.78B GBPOperating income, FY2023: 7.5B GBPOperating income, FY2024: 5.97B GBPOperating income, FY2025: 6.66B GBPNet income, FY2021: 5.78B GBPNet income, FY2022: 3.83B GBPNet income, FY2023: 5.46B GBPNet income, FY2024: 4.42B GBPNet income, FY2025: 4.66B GBPFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 18.71B GBP. Revenue FY2022 20.77B GBP. Revenue FY2023 33.95B GBP. Revenue FY2024 37.61B GBP. Revenue FY2025 65B GBP. Operating income FY2021 6.9B GBP. Operating income FY2022 4.78B GBP. Operating income FY2023 7.5B GBP. Operating income FY2024 5.97B GBP. Operating income FY2025 6.66B GBP. Net income FY2021 5.78B GBP. Net income FY2022 3.83B GBP. Net income FY2023 5.46B GBP. Net income FY2024 4.42B GBP. Net income FY2025 4.66B GBP.
Metric (GBP)FY2025FY2024FY2023FY2022FY2021
Revenue65B GBP37.61B GBP33.95B GBP20.77B GBP18.71B GBP
Cost of goods sold45.58B GBP19.01B GBP14.75B GBP4.72B GBP2.39B GBP
Gross profit19.42B GBP18.6B GBP19.2B GBP16.05B GBP16.32B GBP
Selling, general, and administrative———435M GBP371M GBP
Operating expenses12.76B GBP12.63B GBP11.7B GBP11.27B GBP9.42B GBP
Interest income30.08B GBP31.29B GBP28.05B GBP17.65B GBP13.26B GBP
Interest expense17.14B GBP19.01B GBP14.75B GBP4.72B GBP2.39B GBP
Depreciation and amortization—3.43B GBP2.91B GBP2.4B GBP2.83B GBP
Operating income6.66B GBP5.97B GBP7.5B GBP4.78B GBP6.9B GBP
Net income4.66B GBP4.42B GBP5.46B GBP3.83B GBP5.78B GBP

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
73%
8 beats, 3 misses, 0 met estimates
Average EPS surprise
+8.02%
11 comparable reports
Latest EPS result
0.13
Estimate 0.14 · Miss by 7.14%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.190.140.090.04Q1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 20, 2025: actual 0.05, estimate 0.08, surprise -37.50%, Miss. Q2 2025, reported May 1, 2025: actual 0.11, estimate 0.08, surprise +37.50%, Beat. Q3 2025, reported Jul 24, 2025: actual 0.14, estimate 0.1, surprise +40.00%, Beat. Q4 2025, reported Oct 23, 2025: actual 0.05, estimate 0.12, surprise -58.33%, Miss. Q1 2026, reported Jan 29, 2026: actual 0.12, estimate 0.11, surprise +9.09%, Beat. Q2 2026, reported Apr 29, 2026: actual 0.13, estimate 0.11, surprise +18.18%, Beat. Q3 2026, reported Jul 30, 2026: actual 0.13, estimate 0.14, surprise -7.14%, Miss. Q4 2026, reported Oct 29, 2026: actual —, estimate 0.15, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates20.9B11.33B1.76B-7.8BQ1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 20, 2025: actual 5.53B USD, estimate 5.49B USD, surprise +0.75%, Beat. Q2 2025, reported May 1, 2025: actual 5.66B USD, estimate 6.39B USD, surprise -11.45%, Miss. Q3 2025, reported Jul 24, 2025: actual 18.92B USD, estimate 6.74B USD, surprise +180.61%, Beat. Q4 2025, reported Oct 23, 2025: actual -5.82B USD, estimate 6.81B USD, surprise -185.49%, Miss. Q1 2026, reported Jan 29, 2026: actual 6.53B USD, estimate 6.52B USD, surprise +0.08%, Beat. Q2 2026, reported Apr 29, 2026: actual 6.46B USD, estimate 6.6B USD, surprise -2.16%, Miss. Q3 2026, reported Jul 30, 2026: actual 6.66B USD, estimate 6.86B USD, surprise -2.90%, Miss. Q4 2026, reported Oct 29, 2026: actual —, estimate 7.24B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$2.75

54.32% downside
Past 12 months12-month forecastHigh $2.75Average $2.75Low $2.75

Rating distribution

24 ratings
Strong buy00%
Buy1458%
Hold833%
Sell28%
Strong sell00%

Recent analyst actions

4 institutions
Keefe, Bruyette & WoodsdowngradeOutperformMarket Perform
B of A SecuritiesupgradeNeutralBuy

LYG news

invezz.com

Lloyds share price flashes diamond reversal, bearish divergence: what next?

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.

Read source
seekingalpha.com

Lloyds Banking Group: Turning Bullish On 'Higher For Longer' Rate Expectations

Lloyds Banking Group is upgraded to 'Buy' as the improved outlook for interest rates has enhanced its earnings trajectory. LYG's structural hedge is a multi-year tailwind, with hedge income expected to grow by £1 billion…

Read source
defenseworld.net

Lloyds Banking Group Sees Unusually Large Options Volume (NYSE:LYG)

Lloyds Banking Group PLC (NYSE: LYG - Get Free Report) was the recipient of unusually large options trading activity on Monday. Traders acquired 8,139 put options on the stock. This is an increase of 735% compared to the…

Read source
seekingalpha.com

Lloyds Banking Group plc (LYG) Q2 2026 Earnings Call Transcript

Lloyds Banking Group plc (LYG) Q2 2026 Earnings Call Transcript

Read source
proactiveinvestors.co.uk

Lloyds targets look conservative, City analysts say

Lloyds Banking Group PLC (LSE:LLOY) won a broadly positive response from City analysts after its half-year results and strategy update, with brokers arguing that its new targets may prove conservative. Citi reiterated…

Read source
pymnts.com

Lloyds Banking Group Mobilizes 800 AI Models to Slash Costs

Artificial intelligence (AI) will play a key role in Lloyds Banking Group's new strategic plan that runs through 2030. The U.K.-focused financial services provider aims to achieve a return on tangible equity of greater…

Read source

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.1783

2025 complete year+153.9% since 2021

2026 partial: $0.084

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Aug 10, 2026

$0.084

Semi-Annual

Record Aug 10, 2026 · Payment Sep 25, 2026

Dividend

Ex-dividend Aug 4, 2025

$0.066

Semi-Annual

Record Aug 4, 2025 · Payment Sep 19, 2025

Dividend

Ex-dividend Apr 11, 2025

$0.1123

Semi-Annual

Record Apr 11, 2025 · Payment May 30, 2025

Dividend

Ex-dividend Aug 5, 2024

$0.0541

Semi-Annual

Record Aug 5, 2024 · Payment Sep 20, 2024

Dividend

Ex-dividend Apr 11, 2024

$0.0915

Semi-Annual

Record Apr 12, 2024 · Payment May 31, 2024

Dividend

Ex-dividend Aug 4, 2023

$0.0451

Semi-Annual

Record Aug 7, 2023 · Payment Sep 22, 2023

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ETFs holding LYG

Funds reporting this stock among their holdings, ordered by reported position size.

Avantis International Equity ETF logoAvantis International Equity ETFAVDE
Market value
63.41M
Weight
0.34%
AUM
19.1B USD
Expense ratio
0.23%
Price / 1D
$94.26+0.87%
Dimensional - International Value ETF logoDimensional - International Value ETFDFIV
Market value
26.29M
Weight
0.12%
AUM
22.06B USD
Expense ratio
0.27%
Price / 1D
$58.31+0.88%
Dimensional - International Core Equity 2 ETF logoDimensional - International Core Equity 2 ETFDFIC
Market value
25.63M
Weight
0.17%
AUM
15.43B USD
Expense ratio
0.22%
Price / 1D
$39.405+0.83%
Portfolio Building Block European Banks Index ETF logoPortfolio Building Block European Banks Index ETFPBEU
Market value
18.03M
Weight
3.92%
AUM
438.81M USD
Expense ratio
0.25%
Price / 1D
$35.6702+1.16%
ActivePassive International Equity ETF logoActivePassive International Equity ETFAPIE
Market value
3.49M
Weight
0.30%
AUM
953.79M USD
Expense ratio
0.45%
Price / 1D
$39.766+1.16%
City Different Investments Global Equity ETF logoCity Different Investments Global Equity ETFCDIG
Market value
2.34M
Weight
4.35%
AUM
40.34M USD
Expense ratio
0.75%
Price / 1D
$26.8275+0.44%
Avantis Responsible International Equity ETF logoAvantis Responsible International Equity ETFAVSD
Market value
1.49M
Weight
0.41%
AUM
369.1M USD
Expense ratio
0.23%
Price / 1D
$82.994+0.86%
Invesco Zacks Multi-Asset Income ETF logoInvesco Zacks Multi-Asset Income ETFCVY
Market value
1.28M
Weight
1.04%
AUM
125.03M USD
Expense ratio
1.22%
Price / 1D
$30.485+0.78%

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