Lloyds Banking Group plc

NYSE:LYG Stock Report

Market Cap: US$60.6b

Lloyds Banking Group Past Earnings Performance

Past criteria checks 2/6

Lloyds Banking Group has been growing earnings at an average annual rate of 16.4%, while the Banks industry saw earnings growing at 5.2% annually. Revenues have been growing at an average rate of 6.7% per year. Lloyds Banking Group's return on equity is 9.2%, and it has net margins of 22%.

Key information

16.40%

Earnings growth rate

4.49%

EPS growth rate

Banks Industry Growth11.18%
Revenue growth rate6.70%
Return on equity9.20%
Net Margin21.98%
Next Earnings Update24 Jul 2025

Recent past performance updates

Recent updates

3 Reasons Lloyds Banking Group Is A Smart Buy Amid Trump's Trade Chaos

Jun 08

Lloyds Banking Group: How The Supreme Court Ruling May Affect The Stock

Mar 04

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

Revenue & Expenses Breakdown

How Lloyds Banking Group makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:LYG Revenue, expenses and earnings (GBP Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2517,5593,8608,2250
31 Dec 2417,5053,9238,2250
30 Sep 2418,5594,4487,3600
30 Jun 2418,5454,5068,1300
31 Mar 2418,1784,4927,3600
31 Dec 2318,4134,9337,3600
30 Sep 2317,2244,3646,4930
30 Jun 2315,6073,7716,7970
31 Mar 2315,3523,7806,4930
31 Dec 2214,5303,3896,4930
30 Sep 2214,3642,8357,2760
30 Jun 2215,8923,9346,6960
31 Mar 2216,6465,0927,2760
01 Jan 2217,1275,3556,6720
30 Sep 2116,4485,5436,6630
30 Jun 2115,4294,45710,6670
31 Mar 2112,6591,7677,1730
31 Dec 2011,1808657,3970
30 Sep 2012,2411,1795460
30 Jun 2013,0082535960
31 Mar 2015,6891,7395480
31 Dec 1917,1712,4597,9610
30 Sep 1916,9262,2226400
30 Jun 1917,2543,8836160
31 Mar 1917,4544,0046070
31 Dec 1817,5503,9756400
30 Sep 1817,8004,1256070
30 Jun 1817,7484,1726470
31 Mar 1817,7823,7756650
31 Dec 1717,7413,1446450
30 Sep 1717,6473,1581,4090
30 Jun 1716,8551,7501,1350
31 Mar 1717,6412,1268720
31 Dec 1616,5981,7426400
30 Sep 1616,4609935320
30 Jun 1616,7171,4605320
31 Mar 1615,4561395320
31 Dec 1516,6155466400
30 Sep 1516,3041,2896760
30 Jun 1515,3631,3106760
31 Mar 1515,2549526760
31 Dec 1415,1341,1876760
30 Sep 1415,343507620
30 Jun 1415,678-1,8046150

Quality Earnings: LYG has high quality earnings.

Growing Profit Margin: LYG's current net profit margins (22%) are lower than last year (24.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: LYG's earnings have grown by 16.4% per year over the past 5 years.

Accelerating Growth: LYG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: LYG had negative earnings growth (-14.1%) over the past year, making it difficult to compare to the Banks industry average (5.4%).

Return on Equity

High ROE: LYG's Return on Equity (9.2%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/20 18:35
End of Day Share Price 2025/06/20 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

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.

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 Github.

Analyst Sources

Lloyds Banking Group plc is covered by 43 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
Jesús Gómez DominguezBanco Santander
Thomas Andrew RaynerBarclays
Amandeep RakkarBarclays