LLOY LN

Lloyds Banking Group PLC

Finance/Real Estate


Presented:05/20/2021
Price:£0.48
Cap:$52.55B
Current Price:£0.60
Cap:$56.56B

Presented

Date05/20/2021
Price£0.48
Market Cap$52.55B
Ent Value$170.27B
P/E Ratio39.52x
Book Value£0.61
Div Yield1.18%
Shares O/S70,927.20M
Ave Daily Vol185,446,156
Short IntN/A

Current

Price£0.60
Market Cap$56.56B
Lloyds Banking Group Plc is a financial services company, which engages in the provision of a wide range of banking and financial services. It operates through the following segments: Retail, Commercial Banking, and Insurance and Wealth. The Retail segment offers broad range of financial service products, including current accounts, savings, mortgages, motor finance and unsecured consumer lending to personal and small business customers. The Commercial Banking segment provides a range of products and services such as lending, transactional banking, working capital management, risk management and debt capital markets services to SMEs, corporates, and financial institutions. The Insurance and Wealth segment includes insurance, investment, and wealth management products and services. The company was founded by George Truett Tate on October 21, 1985 and is headquartered in London, the United Kingdom.

Publicly traded companies mentioned herein: The Berkeley Group Holdings PLC (BKG LN), NatWest Group PLC (NWG LN), Lloyd’s Banking Group PLC (LLOY LN)

Highlights

The presenter is long shares of the two domestic retail banks in the UK, Lloyd’s Banking PLC (LLOY LN) and NatWest Group PLC (NWG LN), in addition to The Berkeley Group Holdings PLC (BKG LN), the biggest housing developer in central London. He views this as a top-down trade and is very bullish on the UK market. 

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