LSE:LLOYBanks
Lloyds Balances Profit Upside And Payouts With Fresh Sanctions Concerns
Lloyds Banking Group reported higher than expected annual profits and increased planned shareholder returns.
The group announced larger share buybacks and dividends alongside its latest full year results.
Its Bank of Scotland subsidiary was fined for breaching Russian sanctions, raising regulatory and governance questions.
Lloyds Banking Group (LSE:LLOY), trading at £1.0545, is pairing stronger financial results with a bigger capital return plan. This combination is likely to attract...