Lloyds Banking Group plc(LYG)Earnings, Financials & Key Ratios

LYG•NYSE•Banking & Credit

$5.44

$79.58B mkt cap·14.8× P/E·Price updated May 6, 2026

SectorFinancial Services IndustryRegional Banks Sub-IndustryNon-US regional and universal banks

AboutLloyds Banking Group plc, together with its subsidiaries, provides a range of banking and financial services in the United Kingdom. It operates through three segments: Retail; Commercial Banking; and Insurance and Wealth. The Retail segment offers a range of financial service products, including current accounts, savings, mortgages, motor finance, unsecured loans, leasing solutions, and credit cards to personal and small business customers. The Commercial Banking segment provides lending, transactional banking, working capital management, risk management, debt financing, and debt capital market services to small and medium-sized entities, corporates, and financial institutions. The Insurance and Wealth segment offers insurance, investment and wealth management products and services. It also provides digital banking services. The company offers its products and services under the Lloyds Bank, Halifax, Bank of Scotland, and Scottish Widows brands. Lloyds Banking Group plc was founded in 1695 and is based in London, the United Kingdom.Show more

Net Interest Income$12.94B+5.4%
Total Revenue$65B+72.8%
Net Income$4.66B+5.4%
Return on Equity9.94%+4.8%
Net Interest Margin1.37%+1.2%
Efficiency Ratio19.63%-41.5%
ROA0.5%+1.8%
Equity / Assets5.07%+0.2%
Book Value per Share3.20+10.0%
Tangible BV/Share2.63+9.9%
Debt/Equity1.99+3.0%

Analysis→Technical→

LYG Key Insights

Lloyds Banking Group plc (LYG) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

✓Strong 5Y profit CAGR of 28.7%
✓Efficient operations: 19.6% efficiency ratio
✓Healthy dividend yield of 3.3%
✓Share count reduced 5.2% through buybacks
✓Diversified revenue: 53.7% from non-interest income
✓Trading at only 1.3x book value

✗Weaknesses

✗Weak NIM of 1.4%
✗Thin capital base

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

LYG Price & Volume

Lloyds Banking Group plc (LYG) stock price & volume — 10-year historical chart

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LYG Growth Metrics

Lloyds Banking Group plc (LYG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years10.64%

5 Years28.31%

3 Years46.26%

TTM-

Profit CAGR

10 Years18.41%

5 Years28.73%

3 Years6.78%

TTM5.12%

EPS CAGR

10 Years23.77%

5 Years41.26%

3 Years10.52%

TTM15.32%

Return on Capital

10 Years1.36%

5 Years1.58%

3 Years1.65%

Last Year1.59%

LYG Recent Earnings

Lloyds Banking Group plc (LYG) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 9/12 qtrs (75%)●Beat Revenue 7/12 qtrs (58%)

Q2 2026Latest

Apr 29, 2026

EPS

$0.13

Est $0.11

+18.2%

Revenue

$6.5B

Est $6.6B

-2.2%

Q1 2026

Jan 29, 2026

EPS

$0.12

Est $0.11

+9.1%

Revenue

$6.5B

Est $6.5B

+0.1%

Q4 2025

Oct 23, 2025

EPS

$0.05

Est $0.12

-58.3%

Revenue

$5.8B

Est $6.8B

-185.5%

Q3 2025

Jul 24, 2025

EPS

$0.14

Est $0.10

+40.0%

Revenue

$18.9B

Est $6.7B

+180.6%

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q2 2026Latest	Apr 29, 2026	$0.13vs $0.11+18.2%	$6.5Bvs $6.6B-2.2%
Q1 2026	Jan 29, 2026	$0.12vs $0.11+9.1%	$6.5Bvs $6.5B+0.1%
Q4 2025	Oct 23, 2025	$0.05vs $0.12-58.3%	$5.8Bvs $6.8B-185.5%
Q3 2025	Jul 24, 2025	$0.14vs $0.10+40.0%	$18.9Bvs $6.7B+180.6%

Based on last 12 quarters of dataView full earnings history →

Company	Market Cap	Stock Price	P/E Ratio (TTM)	Revenue Growth 1Y	Return on Equity (ROE)	Debt / Equity
BCSBarclays PLCDirect Competitor	82.43B	24.02	10.78	-52.96%	9.19%	2.81
NWGNatWest Group plcDirect Competitor	31.08B	15.61	4.25	3.2%	13.84%	1.69
HSBCHSBC Holdings plcDirect Competitor	314.12B	91.40	15.11	3.19%	11.4%	2.68
UBSUBS Group AGDirect Competitor	140.31B	45.21	24.18	-20.43%	7%	3.94
DBDeutsche Bank AGDirect Competitor	61.26B	32.02	8.83	-8.25%	8.7%	3.18
INGING Groep N.V.Direct Competitor	86.18B	29.96	12.04	-65.31%	12.38%	3.32
USBU.S. BancorpProduct Competitor	87.33B	56.16	12.18	0.35%	11.54%	1.19
WFCWells Fargo & CompanyProduct Competitor	248.64B	80.40	14.97	8.72%	11.51%	1.56

Compare LYG vs Peers

Lloyds Banking Group plc (LYG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs BCS

Most directly comparable listed peer for LYG.

Scale Benchmark

vs JPM

Larger-name benchmark to compare LYG against a more recognizable public peer.

Peer Set

Compare Top 5

vs BCS, NWG, HSBC, UBS

LYG Income Statement

Lloyds Banking Group plc (LYG) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Net Interest Income	10.91B	13.4B	10.18B	10.75B	10.87B	12.92B	13.3B	12.28B	12.94B
NII Growth %	17.66%	22.76%	-24.01%	5.59%	1.14%	18.86%	2.91%	-7.68%	5.4%
Net Interest Margin %	1.34%	1.68%	1.22%	1.23%	1.23%	1.48%	1.51%	1.35%	1.37%
Interest Income	16.01B	16.35B	16.86B	14.31B	13.26B	17.64B	28.05B	31.29B	30.08B
Interest Expense	5.09B	2.95B	6.68B	3.56B	2.39B	4.72B	14.75B	19.01B	17.14B
Loan Loss Provision	0	0	0	0	0	0	0	0	28.44B
Non-Interest Income	7.71B	5.24B	7.93B	4.38B	5.45B	3.13B	5.9B	6.33B	34.93B
Non-Interest Income %	32.51%	24.25%	31.99%	23.46%	29.14%	15.06%	17.38%	16.82%	53.73%
Total Revenue	23.71B▲ 0%	21.58B▼ 9.0%	24.79B▲ 14.9%	18.69B▼ 24.6%	18.71B▲ 0.1%	20.77B▲ 11.0%	33.95B▲ 63.4%	37.61B▲ 10.8%	65B▲ 72.8%
Revenue Growth %	-2.74%	-8.99%	14.86%	-24.61%	0.11%	11.03%	63.44%	10.79%	72.81%
Non-Interest Expense	13B	12.67B	13.72B	13.91B	9.42B	11.27B	11.7B	12.63B	12.76B
Efficiency Ratio	54.8%	58.71%	55.33%	74.41%	50.36%	54.24%	34.45%	33.58%	19.63%
Operating Income	5.63B▲ 0%	5.96B▲ 6.0%	4.39B▼ 26.3%	1.23B▼ 72.1%	6.9B▲ 463.0%	4.78B▼ 30.7%	7.5B▲ 56.9%	5.97B▼ 20.4%	6.66B▲ 11.6%
Operating Margin %	23.72%	27.61%	17.72%	6.56%	36.89%	23.02%	22.1%	15.87%	10.25%
Operating Income Growth %	44.68%	5.96%	-26.29%	-72.09%	462.97%	-30.72%	56.9%	-20.42%	11.56%
Pretax Income	5.63B▲ 0%	5.96B▲ 6.0%	4.39B▼ 26.3%	1.23B▼ 72.1%	6.9B▲ 463.0%	4.78B▼ 30.7%	7.5B▲ 56.9%	5.97B▼ 20.4%	6.66B▲ 11.6%
Pretax Margin %	23.72%	27.61%	17.72%	6.56%	36.89%	23.02%	22.1%	15.87%	10.25%
Income Tax	1.63B	1.45B	1.39B	-161M	1.02B	859M	1.99B	1.49B	1.9B
Effective Tax Rate %	28.91%	24.4%	31.57%	-13.13%	14.73%	17.96%	26.46%	25.02%	28.58%
Net Income	3.91B▲ 0%	4.41B▲ 12.8%	2.92B▼ 33.6%	1.32B▼ 54.9%	5.78B▲ 338.8%	3.83B▼ 33.8%	5.46B▲ 42.7%	4.42B▼ 19.0%	4.66B▲ 5.4%
Net Margin %	16.48%	20.42%	11.8%	7.05%	30.91%	18.42%	16.08%	11.75%	7.17%
Net Income Growth %	89.48%	12.77%	-33.64%	-54.94%	338.85%	-33.83%	42.67%	-19.03%	5.38%
Net Income (Continuing)	4B	4.51B	3.01B	1.39B	5.88B	3.92B	5.52B	4.48B	4.76B
EPS (Diluted)	0.17▲ 0%	0.22▲ 29.4%	0.14▼ 36.4%	0.05▼ 65.7%	0.30▲ 525.0%	0.20▼ 33.3%	0.30▲ 50.0%	0.25▼ 16.7%	0.27▲ 8.0%
EPS Growth %	41.67%	29.41%	-36.36%	-65.71%	525%	-33.33%	50%	-16.67%	8%
EPS (Basic)	0.18	0.22	0.14	0.05	0.30	0.20	0.30	0.25	0.27
Diluted Shares Outstanding	18.1B	18.07B	17.82B	17.81B	17.95B	17.42B	16.44B	15.77B	14.95B

LYG Balance Sheet

Lloyds Banking Group plc (LYG) balance sheet — assets, liabilities & shareholders' equity

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Cash & Short Term Investments	59.28B	55.31B	55.44B	73.56B	83.41B	92.05B	78.11B	67.07B	60.6B
Cash & Due from Banks	59.28B	55.31B	55.44B	73.56B	76.57B	92.05B	78.11B	62.7B	56.66B
Short Term Investments	0	0	0	0	6.84B	0	0	4.36B	3.94B
Total Investments	519.61B	555.7B	493.26B	498.81B	514.35B	488.24B	492.1B	513.68B	524.66B
Investments Growth %	-4.76%	6.95%	-11.24%	1.13%	3.11%	-5.08%	0.79%	4.39%	2.14%
Long-Term Investments	519.61B	555.7B	493.26B	498.81B	507.51B	488.24B	492.1B	509.32B	520.72B
Accounts Receivables	602M	749M	0	0	0	0	0	0	0
Goodwill & Intangibles	5.14B	5.66B	6.13B	6.46B	6.52B	7.62B	8.31B	8.19B	8.59B
Goodwill	2.31B	2.31B	2.32B	2.32B	2.32B	2.65B	2.8B	2.75B	3.01B
Intangible Assets	2.83B	3.35B	3.81B	4.14B	4.2B	4.96B	5.51B	5.44B	5.58B
PP&E (Net)	9.03B	8.53B	9.55B	8.41B	7.96B	8.13B	9.67B	10.12B	11B
Other Assets	211.9B	165.45B	263.1B	280.06B	276.63B	269.72B	286.63B	304.84B	336.03B
Total Current Assets	64.14B	59.8B	59.18B	74.79B	84.79B	93.27B	79.56B	69.23B	63.73B
Total Non-Current Assets	747.97B	737.8B	774.71B	796.48B	801.73B	780.12B	801.89B	837.47B	880.34B
Total Assets	812.11B▲ 0%	797.6B▼ 1.8%	833.89B▲ 4.6%	871.27B▲ 4.5%	886.52B▲ 1.8%	873.39B▼ 1.5%	881.45B▲ 0.9%	906.7B▲ 2.9%	944.07B▲ 4.1%
Asset Growth %	-0.69%	-1.79%	4.55%	4.48%	1.75%	-1.48%	0.92%	2.86%	4.12%
Return on Assets (ROA)	0.48%	0.55%	0.36%	0.15%	0.66%	0.43%	0.62%	0.49%	0.5%
Accounts Payable	0	0	0	0	0	0	0	0	0
Total Debt	87.18B	105.97B	113.61B	108.76B	91.84B	91.83B	93.67B	88.52B	95.14B
Net Debt	27.91B	50.66B	58.17B	35.2B	15.28B	-211M	15.56B	25.82B	38.48B
Long-Term Debt	87.18B	105.97B	113.61B	108.76B	91.84B	91.83B	93.67B	88.52B	95.14B
Short-Term Debt	0	0	0	0	0	0	0	0	0
Other Liabilities	226.17B	191.19B	220.07B	248.93B	250.37B	253.51B	261.3B	272.24B	289.68B
Total Current Liabilities	449.61B	450.24B	452.41B	464.17B	491.16B	484.14B	479.12B	500.05B	511.38B
Total Non-Current Liabilities	313.35B	297.16B	333.68B	357.69B	342.21B	345.35B	354.96B	360.76B	384.82B
Total Liabilities	762.97B	747.4B	786.09B	821.86B	833.37B	829.48B	834.09B	860.81B	896.21B
Total Equity	49.14B▲ 0%	50.2B▲ 2.1%	47.81B▼ 4.8%	49.41B▲ 3.4%	53.15B▲ 7.6%	43.91B▼ 17.4%	47.37B▲ 7.9%	45.89B▼ 3.1%	47.87B▲ 4.3%
Equity Growth %	0.67%	2.15%	-4.77%	3.36%	7.57%	-17.39%	7.87%	-3.12%	4.31%
Equity / Assets (Capital Ratio)	6.05%	6.29%	5.73%	5.67%	6%	5.03%	5.37%	5.06%	5.07%
Return on Equity (ROE)	7.98%	8.87%	5.97%	2.71%	11.28%	7.89%	11.96%	9.48%	9.94%
Book Value per Share	2.72	2.78	2.68	2.77	2.96	2.52	2.88	2.91	3.20
Tangible BV per Share	2.43	2.47	2.34	2.41	2.60	2.08	2.38	2.39	2.63
Common Stock	7.2B	7.12B	7B	7.08B	7.1B	6.73B	6.36B	6.06B	5.89B
Additional Paid-in Capital	21.75B	21.99B	22.21B	22.32B	22.96B	23.44B	23.94B	24.47B	24.77B
Retained Earnings	4.91B	5.39B	3.25B	4.58B	10.24B	6.55B	6.79B	5.91B	6.29B
Accumulated OCI	0	0	0	0	0	0	0	0	0
Treasury Stock	0	0	0	0	0	0	0	0	0
Preferred Stock	0	0	0	0	0	0	0	0	0

LYG Cash Flow Statement

Lloyds Banking Group plc (LYG) cash flow — operating, investing & free cash flow history

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Cash from Operations	-3.19B	-11.11B	11.28B	27.17B	6.62B	22.01B	6.81B	-4.39B	4.33B
Operating CF Growth %	-254.05%	-247.64%	201.57%	140.86%	-75.63%	232.44%	-69.06%	-164.51%	198.68%
Net Income	5.28B	5.96B	4.39B	1.23B	6.9B	6.93B	7.5B	4.42B	4.1B
Depreciation & Amortization	2.37B	2.4B	2.66B	2.73B	2.83B	2.4B	2.9B	1.32B	0
Deferred Taxes	0	0	-373M	0	0	0	0	0	0
Other Non-Cash Items	8.93B	-6.33B	11.63B	36.2B	6.16B	11.39B	1.28B	5.88B	5.4B
Working Capital Changes	-19.77B	-13.14B	-7.41B	-12.98B	-9.27B	1.3B	-4.88B	-16.02B	-5.17B
Cash from Investing	6.81B	11.92B	-2.13B	-4B	-2.54B	510M	-9.82B	-7.69B	-9.97B
Purchase of Investments	-7.86B	-12.66B	-9.73B	-8.59B	-8.98B	-7.98B	-10.31B	0	-19.33B
Sale/Maturity of Investments	18.68B	26.81B	9.63B	6.35B	8.29B	11.17B	5.3B	0	14B
Net Investment Activity	10.81B	14.15B	-99M	-2.24B	-697M	3.19B	-5.01B	0	-5.33B
Acquisitions	-1.79B	-48M	-21M	-3M	-57M	-373M	-380M	-179M	1.55B
Other Investing	1.44B	1.33B	1.43B	1.15B	1.44B	1.55B	1.03B	-3.15B	-2K
Cash from Financing	-5.02B	-4.3B	-6.56B	-5.32B	-3.23B	-6.61B	-3.5B	-5.93B	-4B
Dividends Paid	-2.28B	-2.24B	-2.31B	-453M	-877M	-1.48B	-1.65B	-2.33B	-1.96B
Share Repurchases	0	-1B	-1.09B	0	0	-2.01B	-1.99B	-2.01B	-1.67B
Stock Issued	14M	102M	36M	144M	25M	31M	86M	187M	96.83M
Net Stock Activity	14M	-903M	-1.06B	144M	25M	-1.98B	-1.91B	-1.82B	-1.58B
Debt Issuance (Net)	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K
Other Financing	-1.74B	-336M	-853M	-1.14B	-1.82B	-1.78B	386M	237M	-49.88M
Net Change in Cash	-1.41B▲ 0%	-3.48B▼ 147.8%	2.59B▲ 174.3%	17.66B▲ 582.5%	912M▼ 94.8%	16.64B▲ 1724.0%	-6.99B▼ 142.0%	-18.02B▼ 157.8%	0▲ 100.0%
Exchange Rate Effect	0	3M	-5M	-196M	70M	727M	-480M	-7M	9.63B
Cash at Beginning	62.39B	58.71B	55.22B	57.81B	75.47B	79.19B	95.83B	88.84B	0
Cash at End	60.98B	55.22B	57.81B	75.47B	76.38B	95.83B	88.84B	70.82B	0
Interest Paid	0	0	0	0	0	0	0	622M	0
Income Taxes Paid	0	0	0	0	0	0	0	0	0
Free Cash Flow	-6.85B▲ 0%	-14.62B▼ 113.4%	7.84B▲ 153.6%	24.27B▲ 209.6%	3.39B▼ 86.0%	18.16B▲ 435.1%	1.35B▼ 92.5%	-8.76B▼ 746.3%	-625M▲ 92.9%
FCF Growth %	-306.29%	-113.45%	153.61%	209.61%	-86.02%	435.1%	-92.54%	-746.27%	92.86%

LYG Banking Ratios

Lloyds Banking Group plc (LYG) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	4.31%	7.98%	8.87%	5.97%	2.71%	11.28%	7.89%	11.96%	9.48%	9.94%
Return on Assets (ROA)	0.25%	0.48%	0.55%	0.36%	0.15%	0.66%	0.43%	0.62%	0.49%	0.5%
Net Interest Margin	1.13%	1.34%	1.68%	1.22%	1.23%	1.23%	1.48%	1.51%	1.35%	1.37%
Efficiency Ratio	53.93%	54.8%	58.71%	55.33%	74.41%	50.36%	54.24%	34.45%	33.58%	19.63%
Equity / Assets	5.97%	6.05%	6.29%	5.73%	5.67%	6%	5.03%	5.37%	5.06%	5.07%
Book Value / Share	2.71	2.72	2.78	2.68	2.77	2.96	2.52	2.88	2.91	3.2
NII Growth	-18.06%	17.66%	22.76%	-24.01%	5.59%	1.14%	18.86%	2.91%	-7.68%	5.4%
Dividend Payout	97.62%	58.43%	50.82%	79.04%	34.37%	15.16%	38.54%	30.24%	52.61%	41.99%

LYG Frequently Asked Questions

Lloyds Banking Group plc (LYG) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Lloyds Banking Group plc (LYG) grew revenue by 72.8% over the past year. This is strong growth.

Yes, Lloyds Banking Group plc (LYG) is profitable, generating $4.66B in net income for fiscal year 2025 (7.2% net margin).

Dividend & Returns

Yes, Lloyds Banking Group plc (LYG) pays a dividend with a yield of 3.27%. This makes it attractive for income-focused investors.

Lloyds Banking Group plc (LYG) has a return on equity (ROE) of 9.9%. This is below average, suggesting room for improvement.

Industry Metrics

Lloyds Banking Group plc (LYG) has a net interest margin (NIM) of 1.4%. NIM has been under pressure due to interest rate environment.

Lloyds Banking Group plc (LYG) has an efficiency ratio of 19.6%. This is excellent, indicating strong cost control.

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Dividend History

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Revenue History

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Financial Ratios

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Lloyds Banking Group plc(LYG)Earnings, Financials & Key Ratios

LYG Key Insights

✓Strengths

✗Weaknesses

LYG Price & Volume

LYG Growth Metrics

Revenue CAGR

Profit CAGR

EPS CAGR

Return on Capital

LYG Recent Earnings

LYG Peer Comparison

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LYG Income Statement

LYG Balance Sheet

LYG Cash Flow Statement

LYG Banking Ratios

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