Lloyds Banking Group plc

NYSE:LYG Stock Report

Market Cap: US$40.9b

Lloyds Banking Group Management

Management criteria checks 4/4

Lloyds Banking Group's CEO is Charlie Nunn, appointed in Aug 2021, has a tenure of 3.42 years. total yearly compensation is £3.68M, comprised of 30.9% salary and 69.1% bonuses, including company stock and options. directly owns 0.011% of the company’s shares, worth $4.65M. The average tenure of the management team and the board of directors is 6.4 years and 4.3 years respectively.

Key information

Charlie Nunn

Chief executive officer

UK£3.7m

Total compensation

CEO salary percentage30.9%
CEO tenure3.4yrs
CEO ownership0.01%
Management average tenure6.4yrs
Board average tenure4.3yrs

Recent management 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

CEO Compensation Analysis

How has Charlie Nunn's remuneration changed compared to Lloyds Banking Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

UK£4b

Jun 30 2024n/an/a

UK£5b

Mar 31 2024n/an/a

UK£4b

Dec 31 2023UK£4mUK£1m

UK£5b

Sep 30 2023n/an/a

UK£4b

Jun 30 2023n/an/a

UK£4b

Mar 31 2023n/an/a

UK£4b

Dec 31 2022UK£4mUK£1m

UK£3b

Sep 30 2022n/an/a

UK£3b

Jun 30 2022n/an/a

UK£4b

Mar 31 2022n/an/a

UK£5b

Jan 01 2022n/an/a

UK£5b

Compensation vs Market: Charlie's total compensation ($USD4.57M) is below average for companies of similar size in the US market ($USD12.87M).

Compensation vs Earnings: Charlie's compensation has been consistent with company performance over the past year.

CEO

Charlie Nunn (53 yo)

3.4yrs

Tenure

UK£3,681,000

Compensation

Mr. Charles Alan Nunn, also known as Charlie, has been Group Chief Executive & Executive Director at Lloyds Banking Group Plc and HBOS plc since August 16, 2021. He serves as Executive Director and Chief E...

Leadership Team

NamePositionTenureCompensationOwnership
Charles Nunn
Group Chief Executive & Executive Director3.4yrsUK£3.68m0.011%
$ 4.7m
William Leon Chalmers
Group CFO & Executive Director5.4yrsUK£3.10m0.015%
$ 6.2m
Ron Kemenade
Group Chief Operating Officer1.6yrsno datano data
Carla A. Antunes Da Silva
Director of Group Strategyno datano datano data
Catherine Cheetham
Company Secretary & Group General Counsel10yrsno datano data
Matt Smith
Head of Media Relationsno datano datano data
Suresh Balaji
Chief Marketing Officer1.3yrsno datano data
Sharon Doherty
Chief People & Places Officer2.6yrsno datano data
Chris Sood-Nicholls
Head of Global Services & MD11.9yrsno datano data
Stephen Shelley
Group Chief Risk Officer7.3yrsno data0.010%
$ 4.1m
Miranda Zhao
Head of U.K. Funds10.2yrsno datano data
Theresa Newell
Co-Head of Leveraged Credit Sales & MD10.1yrsno datano data

6.4yrs

Average Tenure

55yo

Average Age

Experienced Management: LYG's management team is seasoned and experienced (6.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Charles Nunn
Group Chief Executive & Executive Director3.4yrsUK£3.68m0.011%
$ 4.7m
William Leon Chalmers
Group CFO & Executive Director5.4yrsUK£3.10m0.015%
$ 6.2m
Catherine Turner
Senior Independent Director2.2yrsUK£157.00k0.00070%
$ 286.2k
Jonathan Wheway
Non-Executive Independent Director2.4yrsUK£483.00k0.00028%
$ 114.5k
Nathan Bostock
Independent Non-Executive Directorless than a yearno datano data
Amanda Mackenzie
Independent Non-Executive Director6.3yrsUK£180.00k0.00011%
$ 45.0k
Catherine Woods
Independent Non-Executive Director4.8yrsUK£269.00k0.00020%
$ 81.8k
Robin Budenberg
Independent Chairman4.3yrsUK£631.00k0.0041%
$ 1.7m
Sarah Catherine Legg
Independent Non-Executive Director5.1yrsUK£233.00k0.00033%
$ 134.9k
Harmeen Mehta
Independent Non-Executive Director3.2yrsUK£103.00k0.000030%
$ 12.3k
Anish Mohammed
Lead Technical Advisor6.9yrsno datano data

4.3yrs

Average Tenure

59.5yo

Average Age

Experienced Board: LYG's board of directors are considered experienced (4.3 years average tenure).

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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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