Lloyds Banking Group

LYG

Market cap $84.5B

LONDON, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Lloyds Bank plc announces that on 26 February 2026 it filed its Annual Report on Form 20-F for the year ended 31 December 2025 with the Securities and Exchange Commission.

Does Lloyds (LYG) have what it takes to be a top stock pick for momentum investors? Let's find out.

Lloyds share price has crashed into a correction, moving from the year-to-date high of 114.70p on February 4 to the current 100p. It is hovering near its lowest level since January 12, mirroring the performance of European banks like Barclays and UniCredit.

Britain's Lloyds Banking plans to increase its lending to big corporate clients and expand its offerings to financial institutions in a strategy update, the Financial Times reported on Wednesday, citing two people familiar with the matter.

Broker expects distributions and tangible net asset growth to peak in 2026 Lloyds Banking Group PLC (LSE:LLOY) is set to deliver one of the strongest value creation profiles among European banks, according to Deutsche Bank, which has raised its price target to 125p from 110p and reiterated its buy rating. Analyst Robert Noble said Lloyds' core attraction lies in a projected step-up in tangible net asset value growth and distributions, with combined TNAV and dividend growth expected to peak at 17% in 2026.

UK banks head into the 2026 reporting season in good shape, but expectations are getting harder to meet. The latest Bank of England data suggests solid loan and deposit growth in December.

Shore Capital has cut its recommendation on Lloyds Banking Group PLC (LSE:LLOY) to 'sell' from 'hold', arguing that the shares are now fully valued after a strong rally and that supernormal returns may prove unsustainable. The downgrade comes despite a rise in the broker's target price to 91p from 84p, reflecting upgraded return forecasts.

Lloyds Banking Group has surged to post-2008 highs, driven by a sector-wide re-rating and robust operational momentum. LYG's expanding net interest margin, fueled by growing hedge income, is set to further boost earnings in the coming years. Operating leverage remains strong, with solid non-interest income growth and benign credit costs also helping.

Lloyds Banking Group plc (LYG) Q4 2025 Earnings Call Transcript

Results from Lloyds Banking Group PLC (LSE:LLOY), including better profits than expected for the fourth quarter, were seen as solid but far from spectacular in the City, but that did't stop the shares climbing to their highest since 2008. Following the results, the shares fell in early trading but by lunchtime were up over 2% to 106.73p, their highest since the global financial crisis (or GFC as it's known in the Square Mile).