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LYG

Lloyds Banking Group plc

At today's price, Lloyds Banking Group plc (LYG) is priced for 14.0% return on equity. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.

Live priced in
14.0% return on equity
Priced In
extreme

Key Takeaways

• Lloyds is the UK's biggest retail bank and its largest mortgage lender, funded by a vast, cheap deposit base that lets it earn a wide margin on a low-risk loan book. [Source: Lloyds Q1 2026 results] • The catch is the price: at about 1.6x book, every standard valuation method lands below where the shares trade, so the market is paying for an elite return the bank does not currently earn on its equity. • Two things to watch are the next half-year results and the rollout of the FCA motor-finance

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Institutional ownership

562 institutional managers reported holding LYG in 13F filings for the quarter ended 2026-03-31. Together they hold about 4% of the company; the top 10 hold 3%. 102 opened new positions that quarter. Held by Fisher Investments, FMR (Fidelity), WCM Investment Management, among others. On the short side, 3.8M shares were sold short as of the 2026-06-15 count, about 0.0% of shares outstanding (1 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

LYG has cut its share count 15.7% over the past five years. It pays a dividend, and has paid one every year in our records (11 and counting), raised 5 years straight. Cash returned over the past three years: $10.35B in dividends.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

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Last analyzed: July 19, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.