Lloyds Banking Group Announces Improved NIM GuidanceMani
The Lloyds Banking Group PLC (ADR) (NYSE:LYG) (LON:LLOY)’s second-quarter profit more than doubled, as the bank set to increase profitability before the government’s potential sale of its stake.
Andrew Coombs and team at Citi Research feel the bank’s underlying 2Q 13 PBT £1,423 million showed 31 percent increase quarter-on-quarter driven by better net interest income and lower impairments.
Strong . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email firstname.lastname@example.org and we will get back to you as quick as humanly possible