Lloyds Banking Group

EPS cut on lowered NII

06/09/19 -"As anticipated in our post-release comments, we have downgraded our underlying earnings projections. This was driven by reduced net interest income expectations (-5.5% for both 2019 and 2020) on the ..."

PDF page sample
Pages
56
Language
English
Published on
06/09/19
Download
You may also be interested by these reports :
13/11/25
KBC delivered another quarter of accelerating earnings momentum, with upgrades to 2025 guidance supported by broad-based growth, strict cost control, ...
13/11/25
The third quarter results were barely on track with expectations on an underlying basis. This looks disappointing following peers’ strong results, ...
12/11/25
ABN delivered another mediocre quarter, with a low-quality beat driven by LLP releases, while revenues disappointed and costs rose, pushing C/I to ...
10/11/25
In our previous teaser on ING (REDUCE; Netherland), we outlined how the pan European retail banking giant’s focus on client deposits growth increased ...

EXECUTIVE SUMMARY

Updates Pension Risks
Target & Opinion Governance & Management
Business & Trends Graphics : Momentum
Money Making Graphics : MACD & Volumes
Debt Graphics : Sensitivities
Valuation Sector: Performance
DCF Sector: Key data
NAV/SOTP Sector: Ratios & Valorisation
Worth knowing Sector: Peers
Financials Sector: Analysis

CONFLICTS OF INTEREST

AlphaValue does not have nor seek any business with companies covered in AlphaValue Research paid by subscription. As a result, investors can be confident that there is no conflict of interest that could affect the objectivity of AlphaValue Research.

Corporate broking NO
Trading in corporate shares NO
Analyst ownership NO
Advising of corporate (strategy, marketing, debt, etc) NO
Research paid for by corporate NO
Provision of corporate access paid for by corporate NO
Link between and a banking entity NO
Brokerage activity at AlphaValue NO