Lloyds Banking Group plc (LYG): price, analyst ratings, earnings and fundamentals
Updated 16 September 2026, 08:02 ET
Lloyds Banking Group plc (LYG) closed at $5.88 on 15 September 2026, down 0.3%. The stock is down 5.3% over one month and up 30.1% over one year. It trades 7.3% below its 52-week high of $6.34. The company last reported on 30 July 2026 for Q2 2026: EPS of $0.13 against an estimate of $0.14, a miss of 7.9%, on revenue of $7.3 billion.
Price and performance
Performance figures use dividend and split adjusted closes over trading sessions, so a one-year move compares the last close with the close 252 sessions earlier. The 52-week range uses the adjusted daily highs and lows of the same window. Read the guide: Momentum, trend and technical indicators.
The live chart with technical indicators is in the app: open LYG in FundSpec.
Analyst ratings
No analyst action on LYG was recorded in the last 90 days; the most recent is from 30 April 2026.
| Date | Firm | Action | Price target |
|---|---|---|---|
| 30 Apr 2026 | UBS | Upgrades to Buy from Neutral | |
| 9 Apr 2026 | Citigroup | Upgrades to Buy from Neutral | |
| 11 Mar 2025 | Keefe, Bruyette & Woods | Downgrades to Market Perform from Outperform | |
| 5 Aug 2024 | Citigroup | Downgrades to Neutral from Buy | |
| 30 Jul 2024 | UBS | Downgrades to Neutral from Buy | |
| 25 Apr 2024 | Berenberg | Initiates Coverage On Hold | $2.75 |
| 21 Mar 2024 | B of A Securities | Upgrades to Buy from Neutral | |
| 17 Oct 2022 | Morgan Stanley | Downgrades to Equal-Weight from Overweight | |
| 5 Apr 2022 | Barclays | Downgrades to Equal-Weight from Overweight | |
| 30 Mar 2022 | RBC Capital | Downgrades to Underperform from Outperform |
A price target is one firm's twelve-month view, and the median across firms is a steadier reading than any single call. Upgrades and downgrades matter more when they change a rating, not only a target. Read the guide: What analyst ratings and price targets actually tell you.
Every action with the firm's history is in Analyst Ratings.
Earnings
The next report is scheduled for 29 October 2026 before the open for Q3 2026, with EPS expected at $0.15 on revenue of $7.2 billion. Lloyds Banking Group plc beat the EPS estimate in 4 of its last 6 reported quarters.
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue |
|---|---|---|---|---|---|
| Q2 2026 | 30 Jul 2026 | $0.14 | $0.13 | -7.86% | $7.3B |
| Q1 2026 | 29 Apr 2026 | $0.11 | $0.11 | +1.82% | $6.1B |
| Q4 2025 | 29 Jan 2026 | $0.10 | $0.12 | +16.00% | $6.3B |
| Q3 2025 | 23 Oct 2025 | $0.12 | $0.05 | -55.00% | $6.8B |
| Q2 2025 | 24 Jul 2025 | $0.10 | $0.11 | +10.00% | $6.3B |
| Q1 2025 | 1 May 2025 | $0.08 | $0.09 | +12.50% | $5.9B |
| Q4 2024 | 20 Feb 2025 | $0.05 | $4.2B | ||
| Q3 2024 | 23 Oct 2024 | $0.10 | $4.0B |
An earnings surprise is the reported EPS against the consensus estimate on the day. The price reaction depends as much on guidance and on what was already priced in as on the surprise itself. Read the guide: Earnings season: estimates, surprises and price reaction.
Estimates, confirmed dates and alerts for every company are in Earnings.
Fundamentals
On a trailing twelve month basis the company shows revenue growth of 7.88%, a gross margin of N.A., an operating margin of N.A. and a return on equity of 10.19%.
Assets
| Line | Amount |
|---|---|
| Cash & Cash Equivalents | $60,593,000,000 |
| Restricted Cash | $19,000,000 |
| Deferred Tax Asset | $3,990,000,000 |
| Total Assets | $944,072,000,000 |
Liabilities and equity
| Line | Amount |
|---|---|
| Minority Interest | $199,000,000 |
| Total Liabilities | $896,205,000,000 |
| Retained Earnings | $6,291,000,000 |
| Total Stockholders Equity | $47,668,000,000 |
| Total Liability & Stockholders Equity | $944,072,000,000 |
Figures as filed with the SEC for the period ended 31 December 2025, in US dollars.
FundSpec fundamental metrics
Each metric is computed from the company's filings and ranked against every company FundSpec covers; the percentile is the share of covered companies with a lower value.
Leverage
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Debt/Assets | 0.00 | 17th | Calculated as the ratio of Short-Term Debt + Long-Term Debt / Total Assets. The higher the ratio, the higher the degree of leverage, and consequently, financial risk |
| Debt/Equity | 0.00 | 14th | Calculated as the ratio of Total Liabilities / Shareholders' Equity. The ratio indicates how much debt a company is using to finance its assets relative to the amount of value represented in shareholders’ equity |
| Degree of Financial Leverage | 3.63 | 96th | Calculated as the ratio of Percentage change in EPS / Percentage change in EBIT. A higher degree of financial leverage means that the company has more volatile EPS. |
Profitability
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Free Cashflow Margin Pct | 3.2% | 50th | Calculated as the ratio of Free Cashflow from Operating Activities / Net Sales. It measures how much per dollar of revenue the company is able to convert into free cash flow. |
| PreTax Margin Pct | 34.3% | 89th | Calculated as the ratio of (Gross profit - (Operating Expense + Interest Expense)) / Revenue. The pretax profit margin enables profitability to be compared across companies with significant differences in size, scale, capital structure and tax rates. |
| Return on Assets Pct | 0.5% | 53rd | Calculated as the ratio of Net Income / Total Assets. It is an indicator of how efficient the company is at using its assets to generate earnings. |
| Return on Equity Pct | 10.2% | 67th | Calculated as the ratio of Net Income / Shareholders' equity. It is a measure of how much profit a company generates with the money shareholders have invested. |
| Return on Invested Capital Pct | 37.0% | 97th | Calculated as the ratio of (Net Income - Dividends) / (Debt + Equity). It is a measure of how efficient the company is at allocating the capital under its control to profitable investments. |
Cashflow
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| FCF Pct Growth 3 year CAGR | -96.8% | 1st | The Free Cash Flow compound annual growth rate (CAGR) over the past 3 years |
| FCF Pct Growth 5 year CAGR | -97.5% | 1st | The Free Cash Flow compound annual growth rate (CAGR) over the past 5 years |
| FCF Return on Assets Pct | 0.1% | 45th | Calculated as the ratio of Cashflow from Operations / Total Assets. A high cash return on assets means a company is generating more cash flow from every asset dollar |
| Operating Cashflow Pct Growth 3 year CAGR (FY) | -36.3% | 12th | The Operating Cashflow compound annual growth rate (CAGR) over the past 3 years |
| Operating Cashflow Pct Growth 5 year CAGR (FY) | -27.3% | 12th | The Operating Cashflow compound annual growth rate (CAGR) over the past 5 years |
Earnings Growth (Net Income)
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Net Income Pct Growth | 6.3% | 47th | The Net Income growth rate over the trailing twelve months (TTM) |
| Net Income Pct Growth 3 year CAGR | 6.6% | 56th | The Net Income compound annual growth rate (CAGR) over the past 3 years |
| Net Income Pct Growth 5 year CAGR | 28.0% | 87th | The Net Income compound annual growth rate (CAGR) over the past 5 years |
Top Line Growth
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Revenue Pct Growth | 7.9% | 56th | The Revenue (Sales) growth rate over the trailing twelve months (TTM) |
| Revenue Pct Growth 5 year CAGR | -7.8% | 13th | The Revenue (Sales) compound annual growth rate (CAGR) over the past 5 years |
Taxes
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Effective Tax Rate Pct | 28.6% | 88th | The effective tax rate of the company over the trailing twelve months (TTM). |
Margins and returns say how much of each dollar of sales becomes profit and how hard the balance sheet is working; leverage and liquidity say how much room the company has when conditions turn. Read the guide: A practical guide to discounted cash flow valuation.
Fair value, peer multiples and the full statement history are in the app: open LYG in FundSpec.
SEC filings
The latest filing is a 20-F from 13 February 2026.
| Filed | Form | Document |
|---|---|---|
| 13 Feb 2026 | 20-F | View on sec.gov |
| 20 Feb 2025 | 20-F | View on sec.gov |
| 22 Feb 2024 | 20-F | View on sec.gov |
| 24 Feb 2023 | 20-F | View on sec.gov |
| 28 Feb 2022 | 20-F | View on sec.gov |
| 26 Feb 2021 | 20-F | View on sec.gov |
| 25 Feb 2020 | 20-F | View on sec.gov |
| 25 Feb 2019 | 20-F | View on sec.gov |
| 9 Mar 2018 | 20-F | View on sec.gov |
| 10 Mar 2017 | 20-F | View on sec.gov |
Company profile
- Exchange
- NYSE
- Sector
- Banks
- Industry
- Banking
- Headquarters
- LONDON, United Kingdom
- Chief executive
- Charlie Nunn
- Employees
- 59,400
- Website
- lloydsbankinggroup.com
- SEC CIK
- 0001160106
Lloyds Banking Group plc provides a range of banking and financial services in the United Kingdom. The Retail segment offers current accounts, savings, mortgages, motor finance, unsecured loans, leasing solutions, and credit cards. The Commercial Banking segment provides lending, transactional banking, working capital management, risk management, and debt capital market services. The Insurance and Wealth segment offers insurance, investment and wealth management products and services.
Sector and peers
Lloyds Banking Group plc is part of the Banks sector, which FundSpec tracks across 315 companies.
Companies in the same industry by market capitalization:
RY Royal Bank Of CanadaMUFG Mitsubishi Ufj Financial Group Inc.SAN Banco Santander, S.A.TD Toronto Dominion BankSMFG Sumitomo Mitsui Financial Group, Inc.BBVA Banco Bilbao Vizcaya Argentaria, S.A.MFG Mizuho Financial Group Inc.BMO Bank Of Montreal /Can/
Put two of them side by side in Compare.
In FundSpec: the fair value estimate, the momentum reading, relative valuation against sector and industry peers, unusual options activity and AI model signals for LYG are available to subscribers, with the same screen in the iOS and Android apps.
Open LYG in FundSpec