Lloyds Banking Group's Results Show Resilience -- Market Talk
Dow Jones
Oct 23
1013 GMT - Lloyds Banking Group's core performance is robust despite the shadow cast by the car-finance redress scheme and related provisions, Morningstar analyst Niklas Kammer says. The U.K. bank's mortgage volumes are increasing, net interest margins are expanding and provisions for bad loans are low, he notes. "Lloyds' uplift in underlying profitability guidance for 2025--driven by lower expected loan losses and stronger net interest income--reinforces the bank's resilience in a challenging macroeconomic environment," he says. Shares, which initially traded flat, are up 1.3% at 85.58 pence. (elena.vardon@wsj.com)
(END) Dow Jones Newswires
October 23, 2025 06:14 ET (10:14 GMT)
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