Lloyds Banking Group PLC LLOY

Morningstar Rating
GBX102.10 −4.80 (4.49%)
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Company Report

Lloyds Is a UK Banking Pure Play

Lloyds is a UK banking pure play, with virtually all of its assets based domestically. The bank operates a strong retail franchise, resulting in a market-leading low-cost deposit base. Its focus on mortgages, credit cards, and motor finance drives a high reliance on interest income and developments of base rates and swap rates in the UK. That said, Lloyds is building its fee-based income streams through its insurance and pension offerings and putting more weight behind its transaction banking solutions in its corporate banking segment.

Price vs Fair Value

LLOY is trading at a LOCK|QkxKx&L premium.
Price
GBX106.90
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

The bank’s business model is well positioned for the challenges that the current economic outlook poses.

Bears

Its heavy reliance on net interest income makes Lloyds' performance more susceptible to interest rate changes.

News

Trading Information

Previous Close Price
GBX106.90
Day Range
GBX101.85–106.91
52-Week Range
GBX81.82–117.90
Bid/Ask
GBX101.00 / GBX115.00
Shares Outstanding
57.51B
Market Cap
GBX5.87T
Volume/Avg
185M / 145M

Key Statistics

Price/Earnings (Normalized)
12.52
Price/Sales
2.86
Dividend Yield (Trailing)
3.93%
Dividend Yield (Forward)
3.93%
Dividend Payment Schedule
May, Sep
Total Yield
7.45%

Company Profile

Lloyds is a retail and commercial bank headquartered in the United Kingdom. The bank operates via three business segments: retail, commercial banking, and insurance and wealth. In retail, Lloyds offers primarily mortgages (66% of its loan portfolio), credit cards, and current accounts to its customers. Its commercial banking operation provides lending, transaction banking, working capital management, and debt capital market services to large companies and financial institutions in the UK. Insurance and wealth round out the product lineup with life and property insurance as well as pension solutions and high-net-worth asset management services.
Sector
Financial Services
Industry
Banks - Regional
Stock Style Box
Large Core
Total Number of Employees
60,061

Competitors

Valuation

Metric
LLOY
NWG
BCS
Price/Earnings (Normalized)
12.5211.268.18
Price/Book Value
1.261.340.91
Price/Sales
2.863.012.04
Price/Cash Flow
5.277.404.75
Price/Earnings
LLOY
NWG
BCS

Financial Strength

Metric
LLOY
NWG
BCS
Quick Ratio
———
Current Ratio
———
Interest Coverage
———
Quick Ratio
No chart available

Profitability

Metric
LLOY
NWG
BCS
Return on Assets (Normalized)
0.88%0.88%0.53%
Return on Equity (Normalized)
17.88%17.17%13.58%
Return on Invested Capital (Normalized)
———
Return on Assets
LLOY
NWG
BCS

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