Lloyds Banking Group PLC
LSE:LLOY
Intrinsic Value
Lloyds Banking Group Plc is a financial services company, which engages in the provision of a wide range of banking and financial services. [ Read More ]
The intrinsic value of one LLOY stock under the Base Case scenario is 90.48 GBX. Compared to the current market price of 51.96 GBX, Lloyds Banking Group PLC is Undervalued by 43%.
Valuation Backtest
Lloyds Banking Group PLC
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Fundamental Analysis
Resilient Performance with Revenue Growth
2023-Q2 Earnings Call
The company has demonstrated resilient performance with net income rising 11% from the previous year, backed by a robust net interest income that grew 14% to GBP7 billion. The net interest margin delivered 318 basis points, though it is expected to slightly drop below Q4 2022 levels with a forecast for 2023 to exceed 310 basis points. Other income streams strengthened, particularly in retail, commercial, and insurance sectors, indicating diversification in earnings. Asset quality remains stable with an impairment charge reflecting a modest asset quality ratio of 29 basis points. Operational costs are up 6% due to strategic investments and inflation, aiming for around GBP9.1 billion in 2023. As loans witnessed slight contraction, particularly in mortgages, the total lending balance stood firm at GBP451 billion, reflecting an agile and balanced portfolio management.
Balance Sheet Decomposition
Lloyds Banking Group PLC
Net Loans | 449.7B |
Investments | 334.1B |
Intangibles | 8.3B |
Other Assets | 89.3B |
Total Deposits | 477.5B |
Short Term Debt | 39.1B |
Long Term Debt | 85.8B |
Other Liabilities | 231.8B |
Wall St
Price Targets
LLOY Price Targets Summary
Lloyds Banking Group PLC
According to Wall Street analysts, the average 1-year price target for LLOY is 59.3 GBX with a low forecast of 47.47 GBX and a high forecast of 77.7 GBX.
Shareholder Return
LLOY Price
Lloyds Banking Group PLC
Average Annual Return | 3.55% |
Standard Deviation of Annual Returns | 36.19% |
Max Drawdown | -61% |
Market Capitalization | 33B GBX |
Shares Outstanding | 63 569 225 662 |
Percentage of Shares Shorted | 52% |
LLOY News
Last Important Events
Lloyds Banking Group PLC
Significant happenings or occurrences that are of interest to investors. These could be company-specific developments or market-wide shifts.
Sentiment Analysis
Lloyds Banking Group PLC
Company Profile
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Industry
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Description
Lloyds Banking Group Plc is a financial services company, which engages in the provision of a wide range of banking and financial services. The firm operates multiple brands through three core divisions: Retail, Commercial Banking and Insurance and Wealth. Its services are offered through brands, including Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows. The company operates through its segments, including Retail, Commercial Banking, and Insurance and Wealth. Its Retail segment offers a broad range of financial service products to personal and business banking customers, including current accounts, savings, mortgages, credit cards, unsecured loans, motor finance and leasing solutions. Its Commercial banking segment provides clients with a range of products and services such as lending, transaction banking, working capital management, risk management and debt capital markets services. Insurance and Wealth segment offers insurance, investment and wealth management products and services.
Contact
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Employees
Officers
The intrinsic value of one LLOY stock under the Base Case scenario is 90.48 GBX.
Compared to the current market price of 51.96 GBX, Lloyds Banking Group PLC is Undervalued by 43%.