Lloyds Banking Group PLC
LLOY: XLON (GBR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| &c> | LOCK|ySQp$ | LOCK|%KY$#$l |
Lloyds Earnings: Good Second Quarter; Shares Fairly Valued
Lloyds reported second-quarter underlying profits of GBP 2.029 billion versus GBP 1.754 billion consensus expectations collected by the bank. Operating expenses and loan losses came in below expectations. Income generation was good, with other income outpacing net interest income.
