Lloyds misses out as European banks see 15th quarterly consensus beat
European banks outperformed consensus expectations for the 15th consecutive quarter over the first three months of the year, Jefferies analysts have pointed out. Aggregate pre-tax profits came in 9...
Three-quarters of Brits dip into pension pot early, Lloyds' insurance firm reveals
Lloyds Banking Group PLC's (LSE:LLOY) insurance subsidiary has revealed three-quarters of customers with defined contribution pensions have taken funds from them before retiring. Scottish Widows, w...
Lloyds a 'buy', says investment bank; here's why
Deutsche Bank has initiated coverage of Lloyds Banking Group PLC (LSE:LLOY) with a 'buy' rating and a price target of 61 pence with analysts expecting margins to stabilise in the third quarter. The...
Lloyds and high street lenders debank hundreds of defence companies
Lloyds Banking Group PLC (LSE:LLOY) and other high street lenders have begun debanking hundreds of defence companies as they become more strict on their internal ethics policies, sparking fears tha...
Lloyd's insurers expect moderate Baltimore bridge claims
Lloyd's of London (SOLYD.UL) insurers Hiscox and Lancashire do not expect large insurance claims from the collapse of Baltimore's Francis Scott Key Bridge in March that caused widespread disruption...
Lloyds and Natwest shares enjoyed a strong season - UBS
Shares in Lloyds Banking Group PLC (LSE:LLOY) and the other UK banks enjoyed a strong earnings season, analysts at UBS have highlighted. Results released last week have injected fresh confidence in...
Lloyds Banking's residential landlord arm now has over 2,000 properties
Lloyds Banking Group PLC's (LSE:LLOY) residential landlord arm has snapped up over 150 new properties from housebuilder Barratt Developments PLC (LSE:BDEV). The 156 houses, situated in Matson, near...
Lloyds Bank sees housing revival by year-end as mortgage rates turn down
Lloyds Bank expects the housing market to have turned up again by the end of 2024 as the cost of mortgages becomes cheaper. Speaking after first quarter numbers this morning, finance head William C...
Lloyds swings from red into green as analysts say results weren't that bad
Analysts said Lloyds Banking Group PLC's (LSE:LLOY) disappointed with some first-quarter respects but there was plenty to be positive about, as shares in the UK's largest lender swung from early lo...
Lloyds Banking profits slip less than expected, no further motor finance charges
Lloyds Banking Group PLC (LSE:LLOY) reported first-quarter profits slightly ahead of expectations despite lower income and higher costs, with no extra charges against the ongoing regulatory probe i...
Britain's Lloyds Bank says Q1 profit falls 28%
Lloyds Banking Group reported its first quarter profit fell 28%, in line with analyst expectations, as peaking interest rates and rising competition in the mortgage market squeezed margins.
Lloyds share price forms a dreaded pattern ahead of earnings
Lloyds (LON: LLOY) share price is sitting at an important level ahead of the company's financial results. The stock is nearing the year-to-date high of 52.35p, its highest point this year as the FT...
Lloyds, Barclays,Natwest all upgraded as UBS tips bank rally to continue
UK bank earnings season starts again on 24 April when Lloyds Banking updates, notes UBS, adding the domestic operators still look good despite an impressive share price run since the start of 2024....
Lloyds Bank and Close Bros investors too sanguine about FCA motor probe says UBS
UBS has warned that investors in companies affected by the FCA probe into motor finance are being sanguine about the likely potential outcomes. Conversations held by the bank suggest the market is ...
Lloyds Bank Appoints Linda Weston as Head of Commercial Cards
Lloyds Bank Business & Commercial Banking has appointed Linda Weston to the newly created position of head of commercial cards, effective in June. Weston will join the bank with 25 years of experie...
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