Lloyds Banking Group plc

NYSE:LYG Stock Report

Market Cap: US$40.9b

Lloyds Banking Group Future Growth

Future criteria checks 1/6

Lloyds Banking Group is forecast to grow earnings and revenue by 4% and 3.9% per annum respectively. EPS is expected to grow by 8.9% per annum. Return on equity is forecast to be 13.1% in 3 years.

Key information

4.0%

Earnings growth rate

8.9%

EPS growth rate

Banks earnings growth10.2%
Revenue growth rate3.9%
Future return on equity13.1%
Analyst coverage

Good

Last updated23 Dec 2024

Recent future growth updates

No updates

Recent updates

Lloyds Banking Group: NIM Expansion Powers A Solid Q3

Oct 23

Buy Lloyds Banking Group For Its Dividend Yield Of 5.2%

Sep 30

Lloyds Banking Group: NIM Dynamics Still Playing Out As Expected

Jul 26

British Banking's Hidden Gem: Lloyds Stands Out As A Sterling Example Available At A Heavy Discount

Mar 20

Lloyds Maintains Profitability Targets, Shares Remain Attractive

Feb 24

Should Dividend Investors Buy Lloyds Banking Group?

Dec 16

Lloyds Banking Group: Hold Rating As Undervaluation And Net Interest Income Grab Attention

Dec 04

Lloyds Banking: Capital Returns Potential Remains Compelling

Oct 03

Lloyds Banking Group: Pick Up This Dividend Opportunity At A Discount

Jul 28

Lloyds Banking: Sticky Interest Rates Support Recovery, Though Risks Remain

Jul 17

Lloyds Banking FY 2022 Earnings Preview

Feb 21

Lloyds Banking Group: Unlocking The Secrets Of A 4% Dividend Stock

Feb 06

Lloyds: Still 10x P/E And 4%+ Dividend Yield After Recent Rally

Jan 21

Lloyds Banking Group: Attractive Valuation, High Yield, Improving Technicals

Dec 23

Lloyds Banking Group: NII Sensitivity Is A Tailwind Amid Rising Rates

Oct 10

Lloyds Banking Group: Hold For Now

Sep 28

Lloyds Banking goes ex dividend tomorrow

Aug 04

Lloyds Banking Non-GAAP EPS of £0.037, Net interest income of £6.14B

Jul 27

Lloyds: 5% Dividend Yield And Less Than 10x P/E On Undemanding Assumptions

Jul 14

Lloyds Banking Group: There's A Storm Coming

Jun 29

Lloyds Banking Group: Buy The 5% Forward Dividend Yield

Apr 06

Lloyds Banking Group: Headwinds Cloud Its Medium-Term Earnings Outlook

Mar 11

Lloyds: More Upside Potential In 2022

Dec 31

Lloyds Banking Stock: Continued Upside At Current Price

Oct 06

Lloyds Banking Group Should Benefit From Lower Credit Costs And Loan Growth

Jul 01

Lloyds Banking posts solid Q1 results, profit beats estimates

Apr 28

Lloyds Banking Group: A Hold For Now As U.K. Households Will Suffer

Jan 12

Lloyds: Underpriced Despite Signs Of Nascent Recovery

Jan 10

EU, U.K. financial firms brace for Brexit's impact on trading on Jan. 4

Dec 29

Lloyds Banking, Melrose and Tesco rally after Brexit deal finalized

Dec 24

BofA turns bearish on Lloyds Banking as valuation looks 'over-optimistic'

Dec 04

Lloyds Bank - Lockdown And Recent Results Are A Worry

Nov 05

Lloyds Banking beats on revenue

Oct 29

Earnings and Revenue Growth Forecasts

NYSE:LYG - Analysts future estimates and past financials data (GBP Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202720,8234,705N/AN/A4
12/31/202619,8324,986N/AN/A14
12/31/202518,7373,653N/AN/A14
12/31/202417,8274,201N/AN/A14
9/30/202418,5594,448N/AN/AN/A
6/30/202418,5454,506-10,875-5,914N/A
3/31/202418,1784,492N/AN/AN/A
12/31/202318,4134,9336,31511,770N/A
9/30/202317,2244,364N/AN/AN/A
6/30/202315,6073,77120,77326,360N/A
3/31/202315,3523,780N/AN/AN/A
12/31/202214,5303,38919,75123,606N/A
9/30/202214,3642,835N/AN/AN/A
6/30/202215,8923,934-14,933-11,612N/A
3/31/202216,6465,092N/AN/AN/A
1/1/202217,1275,355-17,090-13,862N/A
9/30/202116,4485,543N/AN/AN/A
6/30/202115,4294,457-39,378-36,238N/A
3/31/202112,6591,767N/AN/AN/A
12/31/202011,180865-16,840-13,939N/A
9/30/202012,2411,179N/AN/AN/A
6/30/202013,00825323,74726,637N/A
3/31/202015,6891,739N/AN/AN/A
12/31/201917,1712,4596,73110,173N/A
9/30/201916,9262,222N/AN/AN/A
6/30/201917,2543,883-7,360-3,787N/A
3/31/201917,4544,004N/AN/AN/A
12/31/201817,5503,975-14,814-11,300N/A
9/30/201817,8004,125N/AN/AN/A
6/30/201817,7484,172N/A-10,641N/A
3/31/201817,7823,775N/AN/AN/A
12/31/201717,7413,144N/A-19,523N/A
9/30/201717,6473,158N/AN/AN/A
6/30/201716,8551,750N/A-20,869N/A
3/31/201717,6412,126N/AN/AN/A
12/31/201616,5981,742N/A6,418N/A
9/30/201616,460993N/AN/AN/A
6/30/201616,7171,460N/A15,801N/A
3/31/201615,456139N/AN/AN/A
12/31/201516,615546N/A14,517N/A
9/30/201516,3041,289N/AN/AN/A
6/30/201515,3631,310N/A19,337N/A
3/31/201515,254952N/AN/AN/A
12/31/201415,1341,187N/A5,637N/A
9/30/201415,34350N/AN/AN/A
6/30/201415,678-1,804N/A19,340N/A
3/31/201415,202-1,215N/AN/AN/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: LYG's forecast earnings growth (4% per year) is above the savings rate (2.6%).

Earnings vs Market: LYG's earnings (4% per year) are forecast to grow slower than the US market (14.9% per year).

High Growth Earnings: LYG's earnings are forecast to grow, but not significantly.

Revenue vs Market: LYG's revenue (3.9% per year) is forecast to grow slower than the US market (9% per year).

High Growth Revenue: LYG's revenue (3.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: LYG's Return on Equity is forecast to be low in 3 years time (13.1%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/05 09:34
End of Day Share Price 2025/01/03 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

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 .

Analyst Sources

Lloyds Banking Group plc is covered by 47 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David GrinsztajnAlphaValue
Jesús Gómez DominguezBanco Santander
Amandeep RakkarBarclays