Lloyds Banking Group PLC
LLOY: XLON (GBR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| !<l | LOCK|@!Pd | LOCK|w<BTZ!@ |
Lloyds Earnings: Strong Diversified Income Growth on Stable Cost Base Drives Good H1
Lloyds reported first-half underlying profits of GBP 4.2 billion, up 18% versus last year. Solid income momentum in both interest and noninterest income, paired with flat operating expenses, created a positive operating leverage effect.
