Lloyds Banking Group (LLOY) Stock Overview
Provides a range of banking and financial products and services for retail and commercial customers in the United Kingdom. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 5/6 |
| Financial Health | 4/6 |
| Dividends | 4/6 |
LLOY Community Fair Values
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Analyst Price Targets
Lloyds Banking Group plc Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£1.09 |
| 52 Week High | UK£1.15 |
| 52 Week Low | UK£0.73 |
| Beta | 0.92 |
| 1 Month Change | 6.77% |
| 3 Month Change | 17.83% |
| 1 Year Change | 41.85% |
| 3 Year Change | 146.01% |
| 5 Year Change | 128.04% |
| Change since IPO | -15.55% |
Recent News & Updates
Narrative Update • Jun 26
LLOY: AI Investment And Buybacks Will Shape A Balanced Future Return Profile
The latest narrative update on Lloyds Banking Group reflects a revised analyst price target that aligns with a fair value estimate of £1.16 per share, with analysts citing adjusted assumptions for the discount rate, revenue growth, profit margin and future P/E to support the change. What’s in the News for Lloyds Banking Group Lloyds Banking Group plans to hire close to 300 people for agentic AI related roles, including data and AI scientists, engineers, responsible AI specialists, and AI product managers, with more than 1,000 AI related roles expected in 2026 as part of a wider AI expansion plan.
Narrative Update • Jun 11
LLOY: Motor Finance Uncertainty And Buybacks Will Still Limit Future Upside
Analysts have adjusted their price target for Lloyds Banking Group slightly, reflecting updated assumptions on the discount rate, revenue growth, profit margin and future P/E. Investors should note that the move in the target, while modest in £ terms, is supported by these refreshed inputs.Recent updates
Narrative Update • Jun 26
LLOY: AI Investment And Buybacks Will Shape A Balanced Future Return Profile
The latest narrative update on Lloyds Banking Group reflects a revised analyst price target that aligns with a fair value estimate of £1.16 per share, with analysts citing adjusted assumptions for the discount rate, revenue growth, profit margin and future P/E to support the change. What’s in the News for Lloyds Banking Group Lloyds Banking Group plans to hire close to 300 people for agentic AI related roles, including data and AI scientists, engineers, responsible AI specialists, and AI product managers, with more than 1,000 AI related roles expected in 2026 as part of a wider AI expansion plan.Narrative Update • Jun 11
LLOY: Motor Finance Uncertainty And Buybacks Will Still Limit Future Upside
Analysts have adjusted their price target for Lloyds Banking Group slightly, reflecting updated assumptions on the discount rate, revenue growth, profit margin and future P/E. Investors should note that the move in the target, while modest in £ terms, is supported by these refreshed inputs.Narrative Update • May 28
LLOY: Recent Buyback Will Still Not Justify Richer Future Multiple
Analysts have made a small upward adjustment to their Lloyds Banking Group price target in £ terms, citing updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E that are now slightly different from prior estimates. What's in the News Lloyds Banking Group completed a share buyback tranche covering 600,000,000 shares, described as 1.02% of the company, between January 30, 2026 and March 31, 2026 (Key Developments).Narrative Update • May 12
LLOY: Recent Buyback Will Still Not Justify Richer Future Multiple
Analysts have nudged their fair value estimate for Lloyds Banking Group to £0.79 from £0.77, citing updated assumptions around discount rates, revenue growth, profit margins and future P/E that keep the overall valuation profile broadly consistent. What's in the News Lloyds Banking Group completed a share buyback tranche running from January 30, 2026 to March 31, 2026, repurchasing 600,000,000 shares (1.02% of its share capital) for £700 million (Key Developments).
Narrative Update • Apr 28
LLOY: Share Buyback And Rising Ordinary Dividend Will Support Future Upside
Lloyds Banking Group’s analyst price target has been revised to £1.30, with analysts tying this updated view to refreshed assumptions for discount rate, revenue growth, profit margin, and future P/E that leave their fair value estimate at £1.30. What's in the News Lloyds Banking Group plc announced a share repurchase program of up to £1,750m, with all repurchased shares to be cancelled, subject to continuing approval from the Prudential Regulatory Authority, and with an end date no later than December 31, 2026 (company announcement).Narrative Update • Apr 14
LLOY: Buyback And Dividend Policy Will Support A More Attractive Return Profile
Analysts have lifted their price target for Lloyds Banking Group by around £0.02, reflecting small adjustments to fair value estimates, discount rate assumptions, revenue growth expectations, and a lower future P/E multiple in their models. What's in the News The Board of Lloyds Banking Group has authorized a share buyback plan, allowing the company to repurchase its own shares as part of a capital management program, subject to regulatory approval (Key Developments).Narrative Update • Mar 31
LLOY: Buyback And Dividend Uplift Will Still Not Justify Richer Multiple
Analysts have nudged their fair value estimate for Lloyds Banking Group higher from £0.76 to about £0.77 per share, reflecting updated assumptions on discount rate, revenue growth, profit margin and future P/E that modestly adjust the price target rather than signal a major shift in outlook. What's in the News The Board has authorized a share buyback plan dated January 30, 2026, that allows the company to repurchase up to £1,750m of its shares, with the stated aim of reducing ordinary share capital, subject to continuing approval from the Prudential Regulatory Authority, and with all repurchased shares to be cancelled (Key Developments).Narrative Update • Mar 16
LLOY: Buyback And Dividend Returns Will Still Not Justify Richer Multiple
Analysts have lifted their fair value estimate for Lloyds Banking Group from about £0.70 to around £0.76 per share. They point to updated assumptions for revenue growth, profit margins and a lower future P/E multiple as key drivers of the change.Narrative Update • Mar 02
LLOY: Share Buybacks And Rising Ordinary Dividend Will Support Future Upside
Analysts have modestly raised their price target on Lloyds Banking Group from £1.20 to £1.30. This reflects updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E that they see as better aligning with current expectations for the bank.Narrative Update • Feb 16
LLOY: Buybacks And Progressive Dividend Policy Will Shape A Balanced Return Outlook
Analysts have raised their fair value estimate for Lloyds Banking Group from £1.08 to about £1.11, reflecting updated assumptions on the discount rate, revenue growth, profit margin and future P/E. What's in the News The Board has authorized a new share buyback plan dated January 30, 2026, indicating formal approval for additional capital returns via repurchases (Key Developments).Narrative Update • Feb 02
LLOY: Buybacks And Dividend Policy Will Support Measured Future Return Profile
Analysts have lifted their price target for Lloyds Banking Group to £1.08 from £0.96, citing adjusted assumptions for revenue growth, profit margins and future P/E multiples that point to a higher assessed fair value. What's in the News The Board of Directors has authorized a new share buyback plan, approved on 30 January 2026.Narrative Update • Jan 19
LLOY: Ongoing Share Buybacks And Higher Earnings Guidance Will Support Upside
Analysts have raised their price target for Lloyds Banking Group to reflect a slightly higher fair value estimate of £1.20 per share, supported by modest adjustments to the discount rate, revenue growth, profit margin and a higher assumed future P/E multiple. What's in the News Lloyds Banking Group updated its share buyback program for the period from July 1, 2025 to September 30, 2025, repurchasing 800,000,000 shares, or 1.33% of its share capital, for £667 million under the buyback announced on February 21, 2025 (company filing).Narrative Update • Jan 05
LLOY: Buybacks And Earnings Guidance Will Support A Fairly Valued Outlook
Analysts have nudged their fair value estimate for Lloyds Banking Group higher to £1.10 from £1.03, citing slightly adjusted assumptions around the discount rate, revenue growth, profit margin, and future P/E as the key drivers of the updated price target. What's in the News Lloyds Banking Group reported that from July 1, 2025 to September 30, 2025, it repurchased 800,000,000 shares, representing 1.33% of its share capital, for £667 million under its ongoing buyback programme announced on February 21, 2025 (company disclosure).Narrative Update • Dec 18
LLOY: Future Earnings Upgrades Will Not Justify Richer Multiple
Analysts have raised their price target on Lloyds Banking Group by approximately 7 percent, citing a slightly lower discount rate, marginally stronger revenue growth expectations, and improved forecast profit margins that together support a modest uplift in the bank's future price to earnings multiple. What's in the News Lloyds raised its 2025 net interest income guidance to around GBP 13.6 billion, signaling slightly stronger profitability expectations than previously indicated (company guidance).Narrative Update • Dec 04
LLOY: Future Returns Will Reflect Buybacks Wealth Expansion And Stable Profit Outlook
Analysts have raised their price target for Lloyds Banking Group, reflecting modest improvements in fair value estimates and slightly stronger expectations for revenue growth and profitability. What's in the News Lloyds Banking Group raised its earnings guidance for fiscal 2025, now expecting net interest income of around GBP 13.6 billion, slightly ahead of previous guidance (company guidance).Narrative Update • Nov 20
LLOY: Future Performance Will Balance Buyback Progress and Shifting Market Expectations
Lloyds Banking Group’s analyst price target remains steady, as analysts see only minor changes in underlying discount rate and valuation assumptions. This has resulted in no significant adjustment to the fair value estimate.Narrative Update • Nov 05
LLOY: Upgraded Outlook Will Balance Revenue Gains and Buyback with Execution Risks
Analysts have raised their price target on Lloyds Banking Group from £0.91 to £0.94 per share. They cite stronger anticipated revenue growth, improved profit margins, and a modestly lower discount rate as key factors supporting the upgrade.Narrative Update • Oct 22
Analysts Note Modest Gains for Lloyds as Valuation and Dividend Increase Amid Positive Updates
Lloyds Banking Group’s analyst price target has seen a modest increase from £0.91 to £0.91, as analysts cite marginal improvements in projected profit margins and revenue growth. What's in the News Lloyds Banking Group became the first U.K. financial services benefactor of MITRE ATT&CK to strengthen its global cyber defense strategy (Client Announcements).Narrative Update • Oct 08
Digital Transformation And UK Demographics Will Expand Opportunities
Analysts have raised their price target for Lloyds Banking Group to £0.91 from £0.89. They cite improvements in projected revenue growth, profit margins, and fair value estimates.Narrative Update • Sep 04
Digital Transformation And UK Demographics Will Expand Opportunities
Lloyds Banking Group's analyst price target and key valuation metrics, including future P/E and revenue growth forecasts, remained effectively unchanged, with the consensus fair value steady at £0.893. What's in the News Lloyds Banking Group became the first UK financial services benefactor of the MITRE ATT&CK framework to strengthen its cyber defense strategy.
New Narrative • Nov 07
Decisive Transformation And Mortgage Growth Propel Bank Towards Earnings Enhancement
Strategic transformation efforts aimed at boosting sustainable returns and improving net margins through enhanced customer offerings and efficiencies.Shareholder Returns
| LLOY | GB Banks | GB Market | |
|---|---|---|---|
| 7D | -0.4% | 0.8% | 1.1% |
| 1Y | 41.9% | 52.0% | 18.0% |
Return vs Industry: LLOY underperformed the UK Banks industry which returned 52% over the past year.
Return vs Market: LLOY exceeded the UK Market which returned 18% over the past year.
Price Volatility
| LLOY volatility | |
|---|---|
| LLOY Average Weekly Movement | 4.7% |
| Banks Industry Average Movement | 5.0% |
| Market Average Movement | 5.4% |
| 10% most volatile stocks in GB Market | 10.8% |
| 10% least volatile stocks in GB Market | 3.0% |
Stable Share Price: LLOY has not had significant price volatility in the past 3 months compared to the UK market.
Volatility Over Time: LLOY's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1695 | 60,061 | Charlie Nunn | www.lloydsbankinggroup.com |
Lloyds Banking Group plc, together with its subsidiaries, provides a range of banking and financial products and services for retail and commercial customers in the United Kingdom. It operates in three segments: Retail; Commercial Banking; and Insurance, Pensions and Investments. The Retail segment offers a range of financial service products, including current accounts, savings, mortgages, credit cards, unsecured loans, motor finance, and leasing solutions to personal customers.
Lloyds Banking Group plc Fundamentals Summary
| LLOY fundamental statistics | |
|---|---|
| Market cap | UK£63.32b |
| Earnings (TTM) | UK£4.60b |
| Revenue (TTM) | UK£19.13b |
13.7x
P/E Ratio1.3x
P/B RatioIs LLOY overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| LLOY income statement (TTM) | |
|---|---|
| Revenue | UK£19.13b |
| Cost of Revenue | UK£0 |
| Gross Profit | UK£19.13b |
| Other Expenses | UK£14.53b |
| Earnings | UK£4.60b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Jul 30, 2026
| Earnings per share (EPS) | 0.079 |
| Gross Margin | 100.00% |
| Net Profit Margin | 24.06% |
| Debt/Equity Ratio | 334.5% |
How did LLOY perform over the long term?
See historical performance and comparisonDividends
3.4%
Current Dividend Yield47%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/29 17:44 |
| End of Day Share Price | 2026/06/29 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Lloyds Banking Group plc is covered by 33 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jesús Gómez Dominguez | Banco Santander |
| Thomas Andrew Rayner | Barclays |
| Amandeep Rakkar | Barclays |