Lloyds Banking Group

Bank of Scotland is a commercial and clearing bank based in Edinburgh, Scotland. With a history dating to the 17th century, it is the fifth-oldest surviving bank in the United Kingdom (the Bank of England having been established one year before), and is the only commercial institution created by the Parliament of Scotland to remain in existence. It was one of the first banks in Europe to print its own banknotes and it continues to print its own sterling banknotes under legal arrangements which allow Scottish banks to issue currency.

Bank of Scotland

Lloyds Banking Group Plc is a financial services company, which engages in the provision of banking and financial services. It operates through the following segments: Retail, Commercial Banking, Insurance and Wealth, and Other. The Retail segment offers broad range of financial service products, including current accounts, savings, mortgages, motor finance and unsecured consumer lending to personal, and small business customers. The Commercial Banking segment provides a range of products and services such as lending, transactional banking, working capital management, risk management and debt capital markets services to SMEs, corporates, and financial institutions. The Insurance and Wealth segment focuses on the insurance, investment, and wealth management products and services. The Other segment refers to income and expenditure not attributed to the group’s financial reporting segments. These amounts include those arising from the group’s equities business, residual net interest income after transfer pricing, and certain gains from gilt sales. The company was founded by George Truett Tate on October 21, 1985 and is headquartered in London, the United Kingdom.

Earnings data Q1 2023

Earnings data Q2 2023

Barclays

The UK banking sector was in disarray once again on Friday with Barclays PLC (LSE:BARC) leading the charge lower. Lloyds Banking Group PLC (LSE:LLOY), HSBC PLC and NatWest PLC were also on the decline.

Lloyds, Barclays off sharply as analysts give their verdict on UBS/Credit Suisse deal

HSBC Holdings

NatWest Group plc 

Lloyds Banking Group PLC (LSE:LLOY), HSBC Holdings PLC (LSE:HSBA), Barclays PLC (LSE:BARC) and NatWest Group PLC (LSE:NWG) made an additional £7bn in 2022 on the back of interest rate rises, according to trade union Unite. Unite slammed the ‘big four' UK banks for treating Bank of England interest rate hikes “as a licence to pick the pockets of householders across Britain,” rather than passing the extra money on by raising their own rates for depositors.

UK big banks rake in £7bn extra from 2022 rate hikes – report

Deutsche Bank

ING Groep NV

European bank stocks plunged hard on Friday as investors continued to derisk following the collapse of Credit Suisse and several other banks in the United States. These equities also plunged after their credit default swaps (CDS) dropped, signaling that investors are afraid about the industry.

NatWest, Lloyds, Barclays, ING retreat as Deutsche Bank shares dive

Aviva PLC

British American Tobacco

GlaxoSmithKline

Imperial Brands PLC

National Grid

Rio Tinto plc Sponsored

Much has changed since the last update in September, with banks now hogging many of the top spots. Bank shares have gone down in the last couple of weeks and their dividend yields have gone up, because several banks have recently failed.

Top 40 High-Yield Blue-Chip U.K. Stocks: Spring 2023

UK bank shares jumped higher on Tuesday as assurances from the US Treasury Secretary and UK chancellor about their continued support for the sector sparked a surge of buying. Lloyds, Natwest and Barclays all gained between 5% or 6% as Janet Yellen said the situation in the US is stabilising while reiterating the government there would protect deposits at any smaller bank that runs in to trouble.

LLoyds Bank, NatWest and Barclays all head higher as authorities reiterate support

UBS Group AG

Wholesale funding costs are likely to be one of the casualties arising from the Credit Suisse bailout, according to JP Morgan. Bondholders have vented their fury at being treated worse than shareholders following US$17bn worth of AT1 loans being scrubbed as a part of the deal and credit markets are reflecting the uncertainty that decision has caused, said the US bank.

Bank shares rally despite funding warning from JP Morgan

UK lenders such as Lloyds Banking Group PLC (LSE:LLOY), Barclays PLC (LSE:BARC) and NatWest Group PLC (LSE:NWG) are well-positioned despite the market's confusion over the UBS-Credit Suisse deal. That, at least, is the conclusion of Shore Capital, the Liverpool-based independent investment group.

Is Lloyds Banking Group a safe investment in the wake of Credit Suisse deal?

Lloyds Banking Group PLC (LSE:LLOY) was amongst European banking shares hit by renewed jitters in financial markets following the takeover of Credit Suisse by UBS. In London, Lloyds Banking Group PLC (Lloyds Banking Group PLC (LSE:LLOY)), HSBC Holdings PLC (LSE:HSBA) (HSBC Holdings PLC (LSE:HSBA)), Standard Chartered PLC (LSE:STAN), Barclays PLC (LSE:BARC) and NatWest Group PLC (LSE:NWG) (NatWest Group PLC (LSE:NWG)) fell 3.8%.

Lloyds and European banks tumble as market nerves continue

UBS has updated its subsector preferences for traditional UK life insurers following the 2022 results.

Lloyds, Aviva, BT Group: Friday's broker recommendations

Liberum's latest note on the UK banking sector provides insights on the profitability and risks faced by companies in the sector – and, crucially, it suggests shares may not be as cheap as previously believed. The broker highlights the unique interest rate environment of the past decade, in which the traditional bank-interest rate relationship broke down due to zero interest rate policies (ZIRP).

Lloyds Banking Group: Shares not the bargain they look

Investors in Lloyds Banking Group PLC (LSE:LLOY) and London's other leading banks never had too much fear, that's according to stockbroker Brewin Dolphin, which today described a Lehman-like collapse of Credit Suisse Group AG (NYSE:CS) (Credit Suisse Group AG (NYSE:CS)) as “almost inconceivable.” Moreover, the broker downplayed the chances of similar events in the UK, citing tougher regulation on the likes of Lloyds and Barclays PLC (LSE:BARC).

Lloyds Banking Group and Barclays shares in recovery mode as broker says collapse 'almost inconceivable'

On a mad day for the markets, one in which the FTSE 100 tumbled more than 3%, Britsh American Tobacco PLC stock held firm - well almost. The shares receded around 0.8%, which was nothing compared to the wider sell-off, which saw financial stocks such as Lloyds Banking Group PLC (LSE:LLOY) drop by more than 4%.

Lloyds Banking Group or British American Tobacco. Which offers better value?

Banco Bilbao Vizcaya Argentaria

BNP Paribas SA

Credit Suisse

Banco Santander

European banking shares were hammered on Wednesday as confidence in the sector already rattled by the collapse of Silicon Valley Bank in the US was knocked further by a fall of more than 25% in the value of Credit Suisse. Shares in the Swiss bank crashed 29% to USD1.78, hitting an all-time low, with trading earlier halted amid the heavy, and fast-paced sell-off.

Rout in banking shares picks up pace as jitters resurface

Is it time to buy Lloyds Banking Group PLC (LSE:LLOY) after the rout in the financial sector that has seen 8% wiped from its value in the past week and 13% in the last month? According to Goldman Sachs (NYSE:GS), the European banking sector is healthy and well-capitalised.

Lloyds Banking Group: After the rout, leading bank gives its call on the sector

Financial stocks showed signs of stabilising but were still mostly in the red with falls in share prices for lenders in most overseas markets overnight. In the UK, HSBC (LSE:HSBA) is down 1.5% after falls in Hong Kong and other Asian markets notably Japan.

Lloyds and NatWest still under pressure, Japanese banks fall as SVB reverberates globally

Lloyds (LON: LLOY) share price nosedived on Friday as global banking groups continued selling off. The stock retreated to a low of 49p, the lowest level since January 20th of this year.

Lloyds share price: Do we have another global bank crisis?

Lloyds Banking Group PLC (LSE:LLOY) has invested £10mln in digital identity company Yoti, an investment which supports the development of innovative technology to keep people safe online, tackle the ever-growing risks of identity fraud, and give people more control over their personal data. Yoti offer a range of digital identity solutions that make it simple for people and businesses to protect themselves online.

Lloyds Banking Group invests £10mln in digital ID firm, Yoti

UK banks are still not seeing any significant pick up in deposit movement, according to Credit Suisse, which has analysed the latest monthly Bank of England data. Deposit inertia has been helping to boost the net interest margins of (NIM) Lloyds, Barclays and NatWest ever since base rates started to rise last year.

Lloyds and NatWest cushioned by low account switching, BoE data shows

Lloyds Banking Group Plc (LSE:LLOY) shares could still show investors a massive 43% return, that's according to analysts at Barclays which retain an upbeat view despite last week's disappointing results. The British high street bank last Wednesday reported flat annual profits and underwhelmed the City with its guidance for 2023.

Lloyds Banking Group still tipped for upside despite disappointments

Shares of Lloyds Banking Group PLC (LON: LLOY) are trading up on Thursday after the financial institution reported better-than-expected underlying profit for its fiscal fourth quarter. Notable figures in Lloyds' financial update The London-headquartered firm said it had £1.97 billion ($2.37 billion) of underlying profit in its recent quarter versus £1.85 billion expected.

Lloyds beats estimates for underlying profit in Q4

Deutsche Bank has restated its ‘buy recommendation on Lloyds Banking Group PLC (LSE:LLOY) its target price of 64p, following the full-year results. Despite the bank's guidance for a decline in net interest margin (NIM) from the current level, Deutsche Bank has expressed confidence in Lloyds' potential for return on tangible equity (ROTE) of 17% by 2024.

Lloyds worth 64p, says leading investment bank

The banking reporting season has come to a close with results from Lloyds Banking Group PLC (LSE:LLOY), NatWest Group PLC (LSE:NWG) and Barclays PLC (LSE:BARC) all sparking sharp falls in share prices. So what have we learnt?

Lloyds Banking Group - here are five takeaways from the banking results season

Lloyds Banking Group PLC (LSE:LLOY) has confirmed it is today launching its £2bn share buyback programme, to be executed by UBS. The Swiss bank's London office will conduct the share purchasing programme with trade decisions being made independently from the company, Lloyds said in a statement to the stock exchange.

Lloyds kicks off share buyback programme

Lloyds Banking Group PLC (NYSE:LYG ) Q4 2022 Earnings Conference Call February 22, 2023 4:30 AM ET Company Participants Charles Nunn - Group Chief Executive & Executive Director William Chalmers - Group CFO & Executive Director Douglas Radcliffe - Group IR Director Conference Call Participants Guy Stebbings - BNP Paribas Exane Omar Keenan - Crédit Suisse Raul Sinha - JPMorgan Chase & Co. Amandeep Rakkar - Barclays Bank Ed Firth - KBW Benjamin Toms - RBC Capital Markets Christopher Cant - Bernstein Autonomous Rohith Chandra-Rajan - Bank of America Merrill Lynch Charles Nunn Good morning, everyone, and thank you for joining our 2022 full year results presentation. I'll begin today with an overview of our performance in 2022, including an update on the good start we have made 1 year into our strategic transformation as well as outlining what you can expect over the next 12 months.

Lloyds Banking Group PLC (LYG) Q4 2022 Earnings Call Transcript

You'd be forgiven for thinking the banking world was about to implode judging from the stock market reaction to results from UK lenders, Lloyds Banking Group PLC (LSE:LLOY), Barclays PLC (LSE:BARC) and NatWest Group PLC (LSE:NWG). All three high profile names have seen their share price slump in the past week despite reporting cumulative profits of over £19bn, share buybacks of £3.3bn, bumper dividends for shareholders and big handouts for bosses and staff.

News for Lloyds Banking Group Stock (LYG)