Lloyds Banking Group (LYG) Set to Post Quarterly Earnings on Thursday

Key Points

• Lloyds Banking Group is expected to report Q3 2026 results on October 29, with analysts forecasting earnings of $0.14 per share and revenue of $7.04 billion.
• The company’s previous quarter fell short of expectations, reporting $0.13 EPS and $6.57 billion in revenue versus estimates of $0.14 EPS and $6.86 billion.
• Analyst sentiment is mixed, with six Buy, four Hold and one Sell rating; the overall consensus is Hold with a $6.00 price target. Lloyds also recently reduced its dividend to $0.084 per share from $0.134.

Lloyds Banking Group (NYSE:LYG - Get Free Report) is anticipated to release its Q3 2026 results before the market opens on Thursday, October 29th. Analysts expect Lloyds Banking Group to announce earnings of $0.14 per share and revenue of $7.04 billion for the quarter. Interested persons may visit the company's upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Thursday, October 29, 2026 at 5:30 AM ET.

Lloyds Banking Group (NYSE:LYG - Get Free Report) last released its earnings results on Thursday, July 30th. The financial services provider reported $0.13 earnings per share for the quarter, missing analysts' consensus estimates of $0.14 by ($0.01). Lloyds Banking Group had a return on equity of 10.94% and a net margin of 24.97%. The firm had revenue of $6.57 billion during the quarter, compared to analyst estimates of $6.86 billion. On average, analysts expect Lloyds Banking Group to post $0.54 EPS for the current fiscal year and $0.62 EPS for the next fiscal year.

Lloyds Banking Group Stock Up 1.4%

Shares of LYG stock opened at $5.49 on Thursday. Lloyds Banking Group has a 1 year low of $4.49 and a 1 year high of $6.34. The stock has a market cap of $78.98 billion, a PE ratio of 12.76, a price-to-earnings-growth ratio of 0.57 and a beta of 0.91. The business's fifty day moving average is $5.79 and its 200-day moving average is $5.70. The company has a debt-to-equity ratio of 2.12, a quick ratio of 0.56 and a current ratio of 1.52.

Lloyds Banking Group Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, September 25th. Investors of record on Monday, August 10th were paid a dividend of $0.0840 per share. This is a decrease from Lloyds Banking Group's previous dividend of $0.1340. This represents a yield of 273.0%. The ex-dividend date of this dividend was Monday, August 10th. Lloyds Banking Group's dividend payout ratio (DPR) is 37.21%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on LYG shares. Berenberg Bank started coverage on shares of Lloyds Banking Group in a research report on Wednesday, June 24th. They issued a "hold" rating on the stock. Keefe, Bruyette & Woods downgraded shares of Lloyds Banking Group from a "moderate buy" rating to a "hold" rating in a report on Friday, July 17th. Citigroup restated a "buy" rating on shares of Lloyds Banking Group in a research report on Thursday, July 16th. Bank of America raised shares of Lloyds Banking Group from a "neutral" rating to a "buy" rating in a research note on Tuesday, September 1st. Finally, Wall Street Zen downgraded shares of Lloyds Banking Group from a "buy" rating to a "hold" rating in a report on Sunday, September 27th. Six investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $6.00.

About Lloyds Banking Group

Lloyds Banking Group plc is a UK-based financial services group whose American depositary shares trade on the New York Stock Exchange under the symbol LYG. The group provides banking, lending, insurance, pensions and investment services to individuals, businesses and institutional customers.

Its principal brands include Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows. Products and services include current and savings accounts, residential mortgages, personal and business loans, credit cards, commercial banking, asset finance, life insurance, pensions and investment solutions.

Lloyds Banking Group was formed in 2009 through the acquisition of HBOS by Lloyds TSB.

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