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Morningstar

Morningstar

•

Oct 30, 2026

Lloyds Banking Group plc: Lloyds Earnings: Strong Diversified Income Growth on Stable Cost Base Drives Good H1

Symbols

LYG

Sector(s)

Financial Services

Rating

Current Price

5.00

Fair Value

Economic Moat

Stewardship

Summary

Lloyds is a retail and commercial bank headquartered in the United Kingdom. The bank operates via three business segments: retail, commercial banking, and insurance and wealth. In retail, Lloyds offers primarily mortgages (66% of its loan portfolio), credit cards, and current

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Analyst Profile

Niklas Kammer

Equity Analyst

Niklas Kammer is an equity analyst for Morningstar Holland BV, a wholly owned subsidiary of Morningstar, Inc. He covers European banks.Before joining Morningstar in 2016, Kammer interned on the equity research team at Rabobank Netherlands and in the corporate finance department at Kempen & Co.Kammer holds a master’s degree in finance and investments from the Rotterdam School of Management. He passed Level III in the Chartered Financial Analyst® program.

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