Lloyds Banking Group PLC Reports NIM Beat, Stock Up 5 Percent
The Lloyds Banking Group PLC (ADR) (NYSE:LYG) (LON:LLOY) reported higher net interest margin and year-on-year improvement in net interest income, but a sequential drop in NII and a revenue miss have analysts divided over how to rate the stock.
Lloyds improves over last year, but drags behind last quarter
After heavy losses in the second half of 2013, The Lloyds Banking Group PLC (ADR) (NYSE:LYG) (LON:LLOY) has returned to profitability with pre-tax profits of £1.4 billion in 1Q14 . . .
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