NatWest Beats Estimates on Signs of Growing Customer Confidence [BNN Bloomberg (Canada)]
Lloyds Banking Group Plc American Depositary Shares (LYG)
US:NYSE Investor Relations:
lloydsbankinggroup.com/investors
Company Research
Source: BNN Bloomberg
The London-listed bank reported pretax operating profit of £1.3 billion ($1.6 billion), compared with analysts' expectations compiled by Bloomberg of £1.28 billion. That was down 27% compared with the £1.82 billion seen a year ago as the boost from higher interest rates starts to fade. The firm said its net interest margin — a key measure of profitability that shows the difference between what a bank pays for deposits and collects on loans — was stable across its businesses, though due to central items it slipped to 2.05% compared with 3.27% a year ago. “Though macro-uncertainty continues, customer confidence and activity is improving, with both lending and deposits up in the quarter and impairments remaining low,” Chief Executive Officer Paul Thwaite said in a statement. Total net loans rose 0.4%, while customer deposits rose 0.2% to £433 billion. Mortgage lending was £5.2 billion in the quarter, down from £9.9 billion a year ago, which NatWest offset with more lending in its
Show less
Read more
Impact Snapshot
Event Time:
LYG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LYG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LYG alerts
High impacting Lloyds Banking Group Plc American Depositary Shares news events
Weekly update
A roundup of the hottest topics
LYG
News
- ‘I'm sorry, your online lover is fake': Britain's online fraud epidemic [Yahoo! Finance]Yahoo! Finance
- Shell reveals £6bn oil profits ahead of green activist showdown [Yahoo! Finance]Yahoo! Finance
- Outside London, UK Finance Startups Battle for Scarce Funding [BNN Bloomberg (Canada)]BNN Bloomberg
- United Kingdom Term Assurance Distribution Dynamics Report 2023-2024: The Purchasing Journey, Behaviors and Attitudes, Brand Selection, Future Market [Yahoo! Finance]Yahoo! Finance
- High street lenders make £9bn profit from Bank of England money-printing spree [Yahoo! Finance]Yahoo! Finance
LYG
Sec Filings
- 5/3/24 - Form 6-K
- 5/2/24 - Form 6-K
- 5/1/24 - Form 6-K
- LYG's page on the SEC website