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Pin to quick picksLloyds Share News (LLOY)

Share Price Information for Lloyds (LLOY)

London Stock Exchange
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Share Price: 54.30
Bid: 54.24
Ask: 54.28
Change: 0.36 (0.67%)
Spread: 0.04 (0.074%)
Open: 54.28
High: 54.48
Low: 54.00
Prev. Close: 53.94
LLOY Live PriceLast checked at -

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New leverage ratios 'clear the overhang' for UK banks, says JPMorgan

Mon, 03rd Nov 2014 10:37

JPMorgan Cazenove has welcomed the new leverage-ratio rules from the Financial Policy Committee (FPC), saying that the outcome for UK banks was better than the market had expected.Analysts reiterated their 'overweight' positions on Lloyds and Barclays, but kept 'neutral' ratings for RBS, HSBC and Standard Chartered.The FPC said on Friday that the UK's largest banks would need a leverage ratio - which measures the proportion of lending that is funded by equity - of 4.95%. However, when excluding a 0.9% 'counter-cyclical leverage ratio buffer' (CCLB) used during "boom times", it would be just 4.05%, towards the lower-end of the 4-5% range expected by the market.What's more, the FPC said that the full requirement comes into force in 2019, much later than the 2017 date some analysts had assumed.JPMorgan said that all of the UK banks already meet the minimum leverage requirements except Barclays, but the latter should reach the target within the first half of 2015."While the FPC's Leverage ratio calibration at 4.05% (ex CCLB) was lower than expectations baked into share prices, the practical implications for where UK banks need to manage their leverage ratio over the medium to long term are in line with our expectations," said JPMorgan analysts Raul Sinha and Vivek Gautam."With the clarity provided to the industry, we believe that UK banks under our coverage don't need material shifts in strategy to meet these requirements and are on track to be clear on capital requirements post the stress test (results 16 December) which bodes positively for dividends."
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24 Apr 2024 07:02

Lloyds Bank holds guidance as Q1 profit falls £28%

(Sharecast News) - Lloyds Bank held annual guidance despite a 28% fall in first-quarter profits due to lower net interest income and higher operating expenses, as competition for mortgages and savings squeezed margins.

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23 Apr 2024 10:43

Wednesday preview: US corporate results, Lloyds in the spotlight

(Sharecast News) - The market spotlight on Wednesday will be firmly on the U.S., as the latest quarterly results from the country's tech heavyweights continue to roll in.

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22 Apr 2024 09:04

LONDON BROKER RATINGS: Jefferies raises B&M to 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

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19 Apr 2024 12:02

LONDON MARKET MIDDAY: Stocks down on Israel attack on Isfahan, Iran

(Alliance News) - Stock prices in London were down at midday on Friday, as equity sentiment suffered by worries of a conflict escalation between Iran and Israel, after Iranian state media reported explosions in the province of Isfahan.

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19 Apr 2024 09:26

LONDON BROKER RATINGS: Peel Hunt starts NatWest and Barclays at 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

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19 Apr 2024 08:49

LONDON MARKET OPEN: European stocks slump amid Middle East escalation

(Alliance News) - London's FTSE 100 traded lower in early exchanges, with sentiment hurt by worries of a conflict escalation in the Middle East, after state media in Iran reported explosions.

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19 Apr 2024 07:47

LONDON BRIEFING: Man Group assets up; 888 revenue above outlook

(Alliance News) - London's FTSE 100 is called to open lower on Friday, though oil prices got a boost, on fears of a conflict escalation in the Middle East.

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18 Apr 2024 14:55

Nord Stream insurers deny policies covered war risks in UK lawsuit

MOSCOW/LONDON, April 18 (Reuters) - Nord Stream's insurers have denied that their policies provide cover for gas pipelines damaged by blasts in 2022 because the damage was caused by war, in their written defence to a lawsuit filed at London's High Court.

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18 Apr 2024 07:52

Nord Stream insurers say policies did not cover war risks, Kommersant reports

MOSCOW, April 18 (Reuters) - Insurance policies for the Nord Stream gas pipelines damaged by blasts in 2022 did not provide for coverage in the case of war, Kommersant daily reported on Thursday, citing documents filed at London's High Court.

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17 Apr 2024 14:00

UK earnings, trading statements calendar - next 7 days

Thursday 18 April 
AJ Bell PLCTrading Statement
BHP Group LtdTrading Statement
Devolver Digital IncFull Year Results
Dunelm Group PLCTrading Statement
easyJet PLCTrading Statement
Foxtons Group PLCTrading Statement
HydrogenOne Capital Growth PLCFull Year Results
Keystone Law Group PLCFull Year Results
LBG Media PLCFull Year Results
Pod Point Group Holdings PLCFull Year Results
Rentokil Initial PLCTrading Statement
Segro PLCTrading Statement
Friday 19 April 
888 Holdings PLCTrading Statement
Man Group PLCTrading Statement
Monday 22 April 
Brave Bison Group PLCFull Year Results
Elixirr International PLCFull Year Results
Frenkel Topping Group PLCFull Year Results
South32 LtdQ3 Results
Ten Lifestyle Group PLCHalf Year Results
Tuesday 23 April 
Alliance Pharma PLCFull Year Results
Alphawave IP Group PLCFull Year Results
Anglo American PLCTrading Statement
ASA International Group PLCFull Year Results
Associated British Foods PLCHalf Year Results
Eleco PLCFull Year Results
GB Group PLCTrading Statement
Jupiter Fund Management PLCTrading Statement
Maintel Holdings PLCFull Year Results
Property Franchise Group PLCFull Year Results
Taylor Wimpey PLCTrading Statement
tinyBuild IncFull Year Results
Trellus Health PLCFull Year Results
Wednesday 24 April 
1Spatial PLCFull Year Results
abrdn PLCTrading Statement
Ecora Resources PLCTrading Statement
Fresnillo PLCTrading Statement
Lloyds Banking Group PLCQ1 Results
Nichols PLCTrading Statement
PensionBee Group PLCFirst Quarter Results
PZ Cussons PLCTrading Statement
Reckitt Benckiser Group PLCTrading Statement
Sanderson Design Group PLCFull Year Results
Serica Energy PLCFull Year Results
Star Energy Group PLCFull Year Results
Tortilla Mexican Grill PLCFull Year Results
Tracsis PLCHalf Year Results
Warpaint London PLCFull Year Results
  
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16 Apr 2024 09:32

NextEnergy Solar leverage levels in line with company policy

(Alliance News) - NextEnergy Solar Fund Ltd on Tuesday announced it had refinanced an existing short-term revolving credit facility.

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12 Apr 2024 07:59

UK banks must prepare for car finance claims, says watchdog

LONDON, April 12 (Reuters) - British lenders have been told by the Financial Conduct Authority (FCA) to ensure they are adequately prepared to meet the potential costs of customer complaints arising from its review into the motor finance industry.

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11 Apr 2024 17:13

FTSE 100 edges lower as financials drag

Lok'nStore surges to all-time high after buyout by Shurgard

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11 Apr 2024 16:53

LONDON MARKET CLOSE: Dwindling US Fed cut hope unnerves markets

(Alliance News) - Stock prices in London closed lower on Thursday, with a hawkish interest rate outlook for the Federal Reserve and geopolitical tensions hurting investor enthusiasm.

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11 Apr 2024 14:22

Lloyd's of London inadequate on ESG, report says

LONDON, April 11 (Reuters) - The Lloyd's of London insurance market's environmental, social and governance standards are weak, as its members have exposure to fossil fuel projects and weapons, non-profit ShareAction said in a report on Thursday.

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