LYG News and Press, Lloyds Banking Group Plc American Depositary Shares From 10/25/23

2023-10-25 11:02:35 ET Lloyds Banking Group ( NYSE: LYG ) reaffirmed its FY outlook and reported strong Q3 profit, as Britain's largest mortgage lender continued to benefit from higher interest rates. The company reported Q3 profit before tax of 1.9B pounds, up on 576M...

2023-10-24 12:20:50 ET Summary First Trust Preferred Securities and Income ETF is a high yield fund with a 12-month distribution rate of 6.44%. The fund is invested in preferred stocks and has a heavy concentration in the financial sector, particularly in banks. FPE has outper...

2023-10-24 10:27:55 ET More on Barclays, HSBC Holdings, etc. HSBC Holdings: Take Profits Despite Its 8% Dividend Yield Barclays PLC: Wait For The Right Entry And Exit Points Barclays reports Q3 earnings; warns of big cost cuts as profits dip Standard Chartere...

2023-10-06 06:00:00 ET Summary Dividend yield is actually a fairly reliable indicator of value and future returns. There is an elevated risk of dividend cuts and suspensions when yields are so high, but in many cases, that seems unlikely. The UK does offer rich pickings to div...

2023-10-03 07:51:56 ET More on BlackRock, Lloyds Banking Lloyds Banking: Capital Returns Potential Remains Compelling BlackRock: Great Shareholder Yields And Growth From This Core Holding BlackRock: Pivotal Buying Moment Is Finally Here (Rating Upgrade) Black...

2023-10-02 23:45:00 ET Summary Lloyds shares have been disappointingly flat since I first covered the bank last year, with general UK apathy, FX and recession worries weighing on the shares. Net interest margins will contract heading into H2, but between growing structural hedge i...

2023-07-28 09:38:41 ET Summary Lloyds Banking Group's share price seems slightly undervalued, with a P/E of 6 and a dividend yield nearing 7%. The company has shown resilience in the UK banking sector and has a strong liquidity base. The high-interest rate environment in the U...

2023-07-26 11:44:03 ET Lloyds Banking Group plc (LYG) Q2 2023 Earnings Conference Call July 26, 2023, 4:30 AM ET Company Participants Charlie Nunn - Group Chief Executive Officer William Chalmers - Chief Financial Officer Conference Call Participants Guy ...

2023-07-26 03:55:02 ET Lloyds Banking press release ( NYSE: LYG ): 1H GAAP EPS of 3.90p. Revenue of £7B (+14.0% Y/Y). Net interest margin of 3.14% in the second quarter, down 8 basis points compared to the first, given expected headwinds from mortgage and deposit ...

2023-07-17 05:40:26 ET Summary Despite economic challenges in the UK, Lloyds' operational diversification strategy, undervaluation, and expansion to mass affluent consumers support long-term growth. LYG's long-term strategy includes scale growth, diversification, and digital acces...