LSE:LLOY 8 July 2025 - 12 November 2025

London — 10 November 2025 — Lloyds Banking Group finished Monday’s session around 92.0p, up roughly 1.6% from Friday’s close, as UK bank stocks advanced on improving sector sentiment. End‑of‑day quotes on Hargreaves Lansdown showed Buy 92.04p / Sell 91.98p, marking a +1.42p move versus the prior close of 90.60p.Hargreaves Lansdown Banks bid on policy backdropMonday’s advance in UK lenders followed continued chatter that the Autumn Budget is unlikely to impose a fresh “tax raid” on banks — a theme revived in market coverage during the session, which flagged Lloyds among gainers.The Standard

Lloyds Banking Group shares have surged ~50% in 2025, hitting 10‑year highs. In mid‑Oct, LLOY traded ~86–87p – not seen since before the 2016 Brexit votets2.techts2.tech. By 24 Oct they were around 84–85p. The rally has far outpaced the FTSE‑100, making Lloyds one of the year’s standout performersts2.techts2.tech. Analysts attribute the surge to very high UK interest rates boosting banks’ net interest margins and Lloyds’ dominant UK retail footprint. TS² market analysis notes Lloyds “appears to be on solid footing… The share price is near its highest in a decade, supported by strong fundamentals”ts2.tech. The bank’s H1 2025 results showed net interest income ~£6.7 bn, underscoring these tailwindsts2.techts2.tech. Investors also like Lloyds’ shareholder returns: dividends have resumed and a £2bn+ buyback is underwayts2.techts2.tech. For example, Lloyds paid an interim dividend of 1.22p in Sept 2025. Broader UK growth has been steady, helping loan volumes, and Lloyds’ CET1 capital ratio remains robust. CEO Charlie Nunn emphasized that “strong capital generation was supported by income growth, cost discipline and strong asset quality” through the first nine months of 2025, even after the one‑off chargesreuters.com.

Lloyds Banking Group stock has been on a tear in 2025, flirting with decade highs. Shares currently trade around 84–85 pence, just shy of their highest level since 2015ts2.tech. In mid-October, Lloyds hit ~86.6p, a level not seen since before the Brexit referendum, underscoring the bank’s remarkable recovery. The stock has climbed roughly 50% year-on-year, vastly outperforming the broader FTSE 100 indexts2.tech. Elevated interest rates have turbocharged bank earnings, and Lloyds – as the UK’s largest retail lender – has been a prime beneficiary of fatter loan margins. Investors have also cheered the resumption of dividends and buybacks, viewing Lloyds’ capital returns favorablyts2.techts2.tech. “Lloyds Banking Group appears to be on solid footing… The share price is near its highest in a decade, supported by strong fundamentals and upbeat forecasts,” notes TS²’s market analysists2.tech. However, after this 50% surge, some ask how much upside remains. At ~85p, LLOY now trades around 13× forecast earnings – pricier than many peers – which suggests much of the good news may be priced ints2.tech. Indeed, investor sentiment is cautiously optimistic at this stage: bulls point to Lloyds’ profit momentum, while bears note that any economic stumble or negative news could quickly check the rallyts2.techts2.tech.

Lloyds Banking Group stock is flirting with decade highs after an impressive 2025 rally. Shares in the UK’s largest retail bank traded around 85 pence on 17 October – roughly unchanged from Thursday’s close – having recovered from a sharp fall earlier in the daysharesmagazine.co.uk. In morning trade, Lloyds tumbled nearly 3% to about 82p amid a broad sell-off in financials, as fears over U.S. regional bank loan troubles rattled global marketsreuters.com. By afternoon, however, Lloyds had clawed back those losses, reflecting its relative strength in a volatile session. The FTSE 100 index as a whole was down ~1.3% by midday, hitting a two-week low as oil majors and banks sank on risk-off sentimentreuters.com. Even with recent turbulence, Lloyds shares remain one of the FTSE 100’s standout performers over the past year. The stock has climbed roughly 50% in the 12 months to autumn 2025, according to TS2.tech’s analysists2.tech. This steep gain far outpaces the FTSE benchmark and has lifted LLOY to levels last seen in 2015. In fact, the stock hasn’t been this high in about ten years, just shy of the pre-Brexit peak. Elevated interest rates have been a major tailwind – banks earn more on loans relative

Lloyds Banking Group has been one of the standout performers of the FTSE 100. The black‑horse bank’s share price climbed roughly 50 % in the 12 months to autumn 2025 as interest rates remained elevated and the UK economy avoided a deep recessiongoodmoneyguide.com. High rates boost banks’ net interest income—the difference between what they earn on loans and pay on deposits—and Lloyds reported NII of £6.5 bn in the first half of 2025, a 5 % year‑on‑year increasegoodmoneyguide.com. The rally has left some investors wondering how much upside is left. Lloyds now trades around 13 times forecast 2025 earnings, making it one of the more expensive UK banksfool.co.uk. That partly explains why analysts’ price targets, while bullish, are still modest relative to the current price. RBC Capital Markets reiterates a 95 p target, while Jefferies and JPMorgan have raised theirs to 103 p and 98 p respectivelyfool.co.uk. If profits expand as forecast, the P/E ratio could compress to roughly 7.6 by 2027, according to Jefferies’ numbersfool.co.uk.