Member Info for Biskit

Q1 2020 was £74m but was bumped by a return of £406m in tax (if anyone knows why LLOY were given an almost half-billion in tax then I'd love to hear it). So total profit after tax for Q1 2020 was £480m. Consensus says pre-tax profit of ~£1bn for Q1 2021 (~£780m post-tax). Think market would be satisfied with ~£1.2bn pre and some decent messages (buy-backs, divi will return retained profits, positive for the future). And really, LLOY are fairly good on messaging (pig's ear in to a silk purse) in their updates. Plus, the sun's shining and the pubs are open, which tends to add a bit of gloss. Reckon there will be talk of extending in to Wealth / High-Income, AHO's success in saving a basket-case (which I believe is nonsense, btw). But really, house-prices are shooting up, it makes most of its cash in mortgages and is really good at governance (in that respect), so fingers-crossed.

https://www.lloydsbankinggroup.com/assets/pdfs/investors/financial-performance/lloyds-banking-group-plc/2021/q1/2021-lbg-q1-consensus.pdf