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0 0.00163778984570297 0.0033617791569692 0.0033617791569692 0.00331005947763118 0.0033617791569692 0.00422377381260232 0.00249978450133608
Stock impact report

Major UK banks expected to lift profitability targets – report [Yahoo! Finance]

Lloyds Banking Group Plc American Depositary Shares (LYG) 
US:NYSE Investor Relations: lloydsbankinggroup.com/investors
Company Research Source: Yahoo! Finance
HSBC is expected to raise its return on tangible equity (ROTE) guidance, which currently stands at “mid teens or better.” NatWest is also estimated to be considering a revision of its 2027 ROTE target from the present 15% up to 17%, according to the unnamed sources. Barclays, which last year projected a ROTE of at least 12% for 2026, is likewise anticipated to improve its targets. The upcoming earnings releases for Barclays and HSBC are scheduled for 10 February and 25 February, respectively. Across continental Europe, banks have already moved to upgrade profit expectations, indicating that they believe recent margin improvements could be sustained for some time, noted the news agency. Lloyds Banking Group may also revise its targets later this year. All banks mentioned declined to respond to requests for comment. Elsewhere in Europe, Spanish lenders Santander and BBVA have managed to grow revenue while keeping costs restrained, highlighted the report. Meanwhile, in N Show less Read more
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