RE: RE:Buybacks1 Jul 2018 19:42
Reality at Lloyds -
Lloyds -
Ppi all but finished - tick
Fully privatised - tick
Well capitalised - tick
Strategic advantage - tick
Future growth prospects - tick
Profits and divi rising - tick
Buybacks - tick
2018
Q1 Underlying £2bn Statutory £1.6bn (+23%)
(projected)
Q2 Underlying £4.8bn Statutory £3.4bn divi 1.2p
Q3 Underlying £6.8bn Statutory £5.3bn
Q4 Underlying £8.9bn Statutory £7.4bn divi 2.4p + £2bn buyback
(Out - 1bn Ppi, other conduct 0.5bn, Volatility 0.5bn)
#Buyback those dips UBS
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