LYG Stock Recent News

Nationwide Building Society has given the UK's listed banking sector a lift after reporting a 30% rise in annual profits and upbeat comments on its outlook. The mutual posted pre-tax profits of £2.3 billion for the year to the end of March, up from £1.8 billion a year earlier, despite returning a record £2.8 billion in value to its members.

Lloyds Banking Group PLC (LSE:LLOY) has emerged as one of Deutsche Bank's preferred names in the UK banking sector as the broker shifts its focus from rising returns to future growth potential. In a research note, analyst Robert Noble said Lloyds, already a favourite among private investors, is well placed to benefit from a new phase in UK banking marked by stronger loan growth and selective consolidation.

Investors interested in Banks - Foreign stocks are likely familiar with Lloyds (LYG) and ICICI Bank Limited (IBN). But which of these two stocks is more attractive to value investors?

Lloyds Banking Group PLC (LSE:LLOY) is not making headlines, but that might be its greatest strength in 2025. In a research note on Tuesday, Deutsche Bank reiterated its bullish view on the group, maintaining a 'buy' rating and 88p price target.

Shares of Britain's Lloyds Banking Group have been an exceptional performer so far in 2025, returning over 40%. Lloyds' first quarter was arguably a little mixed, with stronger than expected net interest income offset by slightly weaker costs. Within that, provisioning was a little higher than consensus, with management booking a £100 million overlay to capture possible risks from tariffs.

Lloyds Banking Group plc (NYSE:LYG ) Q1 2025 Earnings Conference Call May 1, 2025 4:30 AM ET Company Participants William Chalmers - Executive Director and Chief Financial Officer Conference Call Participants Guy Stebbings - Exane BNP Aman Rakkar - Barclays Capital Ben Toms - RBC Ed Firth - KBW Jonathan Pierce - Jefferies Amit Goel - Mediobanca Robin Down - HSBC Andrew Coombs - Citi Chris Cant - Autonomous Ben Caven-Roberts - Goldman Sachs Operator Thank you for standing by, and welcome to the Lloyds Banking Group 2025 Interim Management Statement Call. At this time, all participants are in a listen-only mode.

Lloyds Banking Group PLC (LSE:LLOY) shares dipped around 2.5% after first-quarter results landed a touch below expectations. It wasn't a disaster by any stretch, but the shortfall, mainly due to higher costs and bad loan provisions, gave the market pause, especially with banks under scrutiny for how they handle margin pressure and economic uncertainty.

Lloyds Banking Group PLC (LSE:LLOY) reported first-quarter profits slightly lower than a year ago, but in line with expectations as increased income and reduced volatility combined with higher costs and higher impairment charges. The UK's largest lender reaffirmed guidance for the full year and said it was making "good progress" on its strategic transformation.

The U.K. lender posted a rise in its top line as income from interest remained resilient despite central-bank rate cuts.

Lloyds Banking Group reported a near 7% drop in first-quarter profit on Thursday, hurt by higher costs, and said it had set aside 100 million pounds ($132.9 million) for tariff-related impact.