Lloyds Banking Group Plc
Lloyds Banking Group Plc (LLOY) is a London, United Kingdom based company that is engaged in the business of providing banking and financial services across a spectrum of practices such as Investment Banking, Merchant Banking and Personal Banking. Division wise, the company is divided into Retail segment, Commercial Banking segment, Consumer Finance segment as well as Insurance and Other business segments. The retail banking segment is primarily focused on providing services to individuals while the Commercial Banking segment mainly targets industrial and commercial clients.
LLOY Latest News
On 9th September 2019, Lloyd Banking Group Plc provided an update on its provisions in relation to the Payment Protection Insurance (PPI) redress. LLOY updated that it has continued receiving PPI Information Requests (PIRs) at an elevated rate of 190,000 per week, until the deadline of submission of claims on 29 August 2019. Even though the quality of these complaints remains uncertain, it will anyway need to make an incremental charge in the range of £1.2 Billion to £1.8 Billion in its third quarter 2019 interim management statement.
LLOY Share Performance
On 28th October 2019, at 08:24 AM GMT, Lloyds Banking Group Plcâs shares traded at a price of GBX 59.89 per share, down by 0.18 per cent or GBX 0.110 per share compared to the last closing price of GBX 60.00 per share. The companyâs share price traded 11.80 per cent below its 52-week high price of GBX 67.90 per share and 24.35 per cent above the companyâs 52-week low price of GBX 48.16 per share. Lloyds Banking Group PLCâs Market Capitalisation has been reported to be at £42.02 billion.
At the time of writing, 9.48 million stocks of the company were traded in the day. In the last one year, the average volume of trades per day has been 234.92 million. The stock has produced a return of 5.38 per cent in the last one year.
The Beta of the stock has been reported to be at 0.7179, which indicates that the stock is less volatile as compared to the movement of the comparative benchmark index.
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Royal Bank of Scotland Group Plc
Royal bank of Scotland Group Plc (RBS) is a United Kingdom based banking company. The company provides its services across the world through various subsidiaries like the NatWest Bank, Isle of Man Bank, RBS International, etc. The company provides both personal banking services to Individual as well Commercial and Investment banking services and Wealth Management services to some of its High Net Worth Individuals (HNWI) Clients too.
RBS Interim Management Statement
The company highlighted an operating loss before tax of £8 million during the quarter, that includes a provision of £900 million with regard to the redressal of Payment Protection Insurance (PPI), compared to an operating profit of £961 million over the same period in 2018. The company reported that income decreased by 3.1 per cent year on year across the retail and commercial businesses, excluding notable items.
RBS Share Performance
On 28th October 2019, at 08:42 AM GMT, Royal Bank of Scotland Group Plc shares were quoted at a price of GBX 225.20 per share, a downside of 0.27 per cent or GBX 0.600 per share compared to the last closing price of GBX 225.80 per share. The companyâs share price traded 10.04 per cent below its 52-week high price of GBX 250.33 per share and 27.55 per cent above the companyâs 52-week low price of GBX 176.55 per share. Royal Bank of Scotland Group Plcâs Market Capitalisation has been reported to be at £27.308 billion.
At the time of writing, 1.61 million stocks of the company were traded in the day. In the last one year, the average volume of trades per day has been 30.98 million. The stock has produced a return of 9.68 per cent in the last one year.
The Beta of the stock has been reported to be at 0.8939, from which it can be inferred that the stock is marginally less volatile as compared to the movement of the comparative benchmark index.
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Barclays Plc
Barclays Plc (BARC) is a banking and financial services company that operates across the globe. The company is engaged in the business of providing Retail, Corporate and Investment Banking services. Barclays Plc also engages in the provision of Portfolio and Wealth management services as well as Investment Management services to its High Net Worth Individual (HNWI) customers.
BARC Financial Performance
Barclays Plc reported a third Quarter 2019 Return on average tangible equity (RoTE) at 10.2 per cent, which lead to a third quarter 2019 Year to date (YTD) Return on Average Tangible Equity to 9.7 per cent. The company maintained their target of RoTE of more than 9 per cent for the FY 2019 and more than 10 per cent for the next Financial year, i.e. 2020. Albeit, in line with the global economic and political risks and the ongoing low interest rate policies of various central banks, it has proven to be difficult to achieve these targets. It is specifically applicable for the upcoming year.
BARC Share Performance
On 28th October 2019, at 08:46 AM GMT, Barclays Plcâs shares were trading at a price of GBX 170.08 per share, a downside of 0.16 per cent or GBX 0.28 per share compared to the last dayâs closing price which was reported to be at GBX 170.36 per share. The companyâs share price traded 6.03 per cent below its 52-week high price of GBX 181.00 per share and 29.79 per cent below the companyâs 52-week low price of GBX 131.04 per share. Barclays PLCâs Market Capitalisation has been reported to be at £29.418 billion
At the time of writing, 2.82 million stocks of the company had been traded in the day. In the last one year, the average volume of trades per day has been 57.72 million. The stock has lost 1.68 per cent in the last one year from the price of GBX 173.00 per share.
The Beta of the stock was at 0.8335, from which it can be noted that the stock is less volatile as compared to the movement of the comparative benchmark index.
HSBC Holdings Plc
HSBC Holdings Plc (HSBA) is a banking company based in United Kingdom. The company has global banking operations in the area of Retail banking and Wealth Management, Commercial Banking, Global banking and Markets as well as Global Private banking.
HSBA Financial Performance
On 28th October 2019, the company announced its third quarter ended 30th September 2019. The company highlighted profit before tax (PBT) in the Asia Region increased by 4 per cent to US $4.7 billion in Q3 2019, due to a robust performance in Hong Kong. Increase in both loans and advances to customers and customer accounts, up by 4 per cent and 2 per cent year on year as compared to Q3 2018. Commercial Banking as well as Retail Banking businesses displayed a revenue surge in the quarter. The company also reported that there was an ongoing momentum in Global Private Banking are with net new money of US $19 billion in the nine months ended 30th September 2019. The company highlighted that the performance in Retail Banking and Wealth Management the third quarter of 2019 was badly affected by excessive redress charges in relation with the Payment Protection Insurance (PPI).
HSBA Share Performance
On 28th October 2019, at 08:50 AM GMT, HSBC Holdings Plcâs shares were trading at a price of GBX 595.10 per share, a downside of 3.61 per cent or GBX 22.30 per share compared to the last closing price of GBX 617.40 per share. The companyâs share price traded 2.92 per cent above its 52-week low price of GBX 578.20 per share and 13.46 per cent below the companyâs 52-week high price of GBX 687.70 per share. HSBC Holding PLCâs Market Capitalisation has been reported to be at £125.3 billion
At the time of writing, 6.00 million shares of the company were traded in the day. In the last one year, the average volume of trades per day has been 22.48 million. The stock has lost 6.10 per cent in the last one year.
The Beta of the stock has been reported to be at 1.0439, which implies that the stock is marginally more volatile as compared to the movement of the comparative benchmark index.