Lloyds Banking Group Plc (LLOY:LN)

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Financials/Banks Price: 45.43 GBX Report Date: September 24, 2021 Business Description and Key Statistics

Lloyds Banking Group is a holding company. Through its Current YTY % Chg subsidiaries, Co. is a financial services provider. Co. has the following segments: Retail, which provides a range of financial Revenue LFY (M) 33,872 -32.8 service products, including current accounts, savings, mortgages, EPS Diluted LFY 0.01 -64.7 motor finance and unsecured consumer lending to personal and small business customers; Commercial Banking, which provides a Market Value (M) 31,913 range of products and services such as lending, transactional banking, working capital management, risk management and debt Shares Outstanding LFY (000) 70,247,206 capital markets services to SMEs, corporates and financial Book Value Per Share 0.70 institutions; and Insurance and Wealth, which provides insurance, investment and wealth management products and services. EBITDA Margin % Net Margin % 2.5 Website: www.lloydsbankinggroup.com Long-Term Debt / Capital % ICB Industry: Financials Dividends and Yield TTM 0.01 - 1.25% ICB Subsector: Banks Payout Ratio TTM % 100.0 Address: 25 Gresham Street;5th Floor London 60-Day Average Volume (000) 148,326 GBR 52-Week High & Low 50.00 - 24.58 Employees: 61,576 Price / 52-Week High & Low 0.91 - 1.85

Price, Moving Averages & Volume

51.2 51.2 Lloyds Banking Group Plc is currently trading at 45.43 which is 1.3% above its 50 day 47.9 47.9 moving average price of 44.83 and 6.5% above its 200 day 44.6 44.6 moving average price of 42.66. LLOY:LN is currently 9.1% 41.3 41.3 below its 52-week high price of 50.00 and is 84.8% above its 52-week low price of 24.58. 38.1 38.1 Over the past 52-weeks, LLOY:LN is up 84.8% while on 34.8 34.8 a calendar year-to-date basis it is up 24.7%.

31.5 31.5 The Relative Strength Index (RSI) indicator for LLOY:LN is currently 57.26. An RSI value 28.2 28.2 of 70 and above is considered overbought and 30 and below 24.9 24.9 oversold. 10/20 11/20 12/20 1/21 2/21 3/21 4/21 5/21 6/21 7/21 8/21 9/21 Volume (000) 580,135 580,135

442,805 442,805

305,475 305,475

Mean (203334.14) 168,145 168,145

30,815 30,815 10/20 11/20 12/20 1/21 2/21 3/21 4/21 5/21 6/21 7/21 8/21 9/21

Price Price (50-Day Simple Moving Average) Price (200-Day Simple Moving Average)

Financials/Banks Price: 45.43 GBX Report Date: September 24, 2021 Price Performance, Technical Indicators & Risk Metrics

Difference Price Performance % Change vs FTSE 350 Technical Indicators 1-Day % 0.82 1.30 50-Day Average Price 44.83 1-Week % 0.85 0.59 Price / 50-Day Average 1.01 4-Week % 2.72 4.14 200-Day Average Price 42.66 52-Week % 84.83 60.48 Price / 200-Day Average 1.06 RSI - Relative Strength Index 57.26 Quarter-to-Date % -2.70 -3.83

Year-to-Date % 24.67 14.45 Risk Metrics Last Month % -4.08 -6.00 Price Volatility 0.88 Last Quarter % 9.77 5.10 Sharpe Ratio 0.00 Last Calendar Year % -41.70 -28.71 Sortino Ratio 0.00

5-Year Price Performance vs. FTSE 350

Lloyds Banking Group Plc Current: 0.83 CAGR: -3.6% Over the past five years, FTSE 350 Index Current: 1.18 CAGR: 3.4% Lloyds Banking Group Plc's stock price is down 16.7% 1.4 1.4 which is 35.1% below the FTSE 350 Index performance of 18.4% over the same 1.3 1.3 period. Lloyds Banking Group Plc's cumulative annualized 1.2 1.2 growth rate (CAGR) over the ^NMX:LN five year period has been -3.6% while that of the FTSE 1.1 1.1 350 Index has been 3.4%.

Over the past year, Lloyds 1.0 1.0 Banking Group Plc's stock price performance of 84.8% 1.0 1.0 has outperformed that of the FTSE 350 Index by 60.5%. On a year-to-date basis, 0.9 0.9 Lloyds Banking Group Plc's LLOY:LN stock price performance of 0.8 0.8 24.7% has outperformed the FTSE 350 Index by 14.5%.

0.7 0.7 Over the past week, Lloyds Banking Group Plc's stock price performance of 0.9% has 0.6 0.6 outperformed that of the FTSE 350 Index by 0.6%. 0.6 0.6

0.5 0.5

0.4 0.4 2017 2018 2019 2020 2021 2022

Financials/Banks Price: 45.43 GBX Report Date: September 24, 2021 Growth and Profitability Metrics

5-Year 10-Year Historical Growth 3-Year 5-Year 10-Year Profitability Current Average Average Revenues % -5.9 1.9 -5.8 Gross Margin % Revenues Per Share % -5.6 2.2 -10.5 EBITDA Margin % EBITDA % Pre-Tax Margin % 3.7 11.5 12.0 EPS Diluted % -34.7 8.4 999.9 Net Margin % 2.5 6.8 3.3 Free Cash Flow % 999.9 13.7 999.9 Return on Equity % 1.7 5.2 2.3 Cash from Operations % 999.9 10.7 999.9 Return on Capital % 0.6 1.7 0.8 Book Value % 1.0 1.4 0.4 Return on Assets % 0.1 0.3 0.1

Revenue (M) Lloyds Banking Group Plc's cumulative annualized revenue Current: 33872.00 Median: 40713.00 High: 50387.00 Low: 26430.00 CAGR: -8.5% growth rate over the charted 55,178.4 55,178.4 50,387.0 period is -8.5%. This 48,313.0 compares to cumulatative 45,196.3 40,713.0 45,196.3 annualized growth of -5.9% over the past 3 years. 35,214.2 33,872.0 35,214.2 26,430.0 25,232.2 25,232.2 2016 2017 2018 2019 2020 2021 Lloyds Banking Group Plc's EPS Diluted cumulative annualized EPS Current: 0.01 Median: 0.03 High: 0.06 Low: 0.01 CAGR: -15.9% growth rate over the charted 0.070 0.070 period is -15.9%. This 0.060 compares to cumulatative 0.049 0.049 annualized growth of -34.7% 0.040 over the past 3 years. 0.030 0.028 0.020 0.028 0.010 0.008 0.008 2016 2017 2018 2019 2020 2021

Net Profit Margin % Lloyds Banking Group Plc's net profit margin of 2.5% is Current: 2.53 Median: 5.91 High: 15.06 Low: 2.53 CAGR: -6.0% 4.3% below the period's mean 15.7 15.7 net margin of 6.8%. During the charted period, the 11.1 11.1 observed net profit margin high and low were 15.1% and Mean (6.82) 6.5 6.5 2.5% respectively.

1.9 1.9 2016 2017 2018 2019 2020 2021 Lloyds Banking Group Plc's Return on Equity % return on equity of 1.7% is Current: 1.70 Median: 5.30 High: 8.10 Low: 1.70 CAGR: -12.5% 3.5% below the period's mean 8.4 8.4 return on equity of 5.2%. During the charted period, the 6.1 6.1 observed ROE high and low Mean (5.20) were 8.1% and 1.7% respectively. 3.7 3.7

1.4 1.4 2016 2017 2018 2019 2020 2021

Financials/Banks Price: 45.43 GBX Report Date: September 24, 2021 Valuation Metrics

5-Year 10-Year 5-Year 10-Year Current Median Median Current Median Median

Price / EPS TTM 37.9 15.9 38.2 Earnings Yield % 2.41 6.43 2.63

Price / Sales 1.0 1.0 1.0 Free Cash Flow Yield % 74.95 0.00 4.98

Price / Operating Cash Flow 9.2 6.8 10.4 Dividend Yield % 1.25 5.14

Price / Book Value 0.7 0.8 0.9 Enterprise Value / EBITDA

Price / EPS TTM Lloyds Banking Group Plc is trading at 37.86 times its EPS Current: 37.86 Median: 15.88 High: 41.58 Low: 9.44 CAGR: 2.1% generated during the latest 43.2 43.2 fiscal year. This multiple is above the historically observed 31.4 31.4 median of 15.88, while high and low observations have been 41.58 and 9.44. 19.6 Median (15.88) 19.6

7.8 7.8 2016 2017 2018 2019 2020 2021 Price / Sales Lloyds Banking Group Plc is trading at a Price to Sales ratio Current: 0.96 Median: 1.03 High: 1.78 Low: 0.42 CAGR: -0.8% of 0.96 based on sales 1.85 1.85 generated during the latest fiscal year. This ratio is below 1.35 1.35 the historically observed median ratio of 1.03, while Median (1.03) high and low observations 0.85 0.85 have been 1.78 and 0.42.

0.35 0.35 2016 2017 2018 2019 2020 2021 Lloyds Banking Group Plc is Price / Book Value trading at a Price to Book ratio Current: 0.65 Median: 0.84 High: 1.07 Low: 0.36 CAGR: -4.1% of 0.65 based on book value at 1.1 1.1 the latest fiscal year end. This ratio is below the historically observed median of 0.84, 0.8 Median (0.84) 0.8 while high and low observations have been 1.07 0.6 0.6 and 0.36.

0.3 0.3 2016 2017 2018 2019 2020 2021 Lloyds Banking Group Plc has Free Cash Flow Yield % a Free Cash Flow Yield of Current: 74.95 Median: 0.00 High: 100.00 Low: 0.00 CAGR: 39.5% 74.95% based on free cash 105.0 105.0 flow generated during the latest fiscal year. This value is above the historically observed 68.3 68.3 median yield of 0.00%, while high and low observations 31.7 31.7 have been 100.00 and 0.00.

Median (0.00) -5.0 -5.0 2016 2017 2018 2019 2020 2021

Financials/Banks Price: 45.43 GBX Report Date: September 24, 2021 Dividends Data

Dividends Per Share TTM 0.01 Payout Ratio TTM % 100.00% Dividend Yield TTM % 1.25%

Rate Ex Date Record Date Payment Date Currency Note 0.006 15-04-2021 16-04-2021 25-05-2021 GBP FINAL GROSS 0.000 04-06-2020 05-06-2020 30-06-2020 THE BOARD DECIDED TO UNDERTAKE NO QUARTERLY OR INTERIM DIVIDENDS UNTIL END OF 2020. 0.023 16-04-2020 17-04-2020 27-05-2020 GBP THE BOARD HAS AGREED TO CANCEL PAYMENT OF THE FINAL DIVIDEND 0.011 08-08-2019 09-08-2019 13-09-2019 GBP INTERIM GROSS 0.021 04-04-2019 05-04-2019 21-05-2019 GBP FINAL GROSS 0.011 16-08-2018 17-08-2018 26-09-2018 GBP INTERIM GROSS 0.021 19-04-2018 20-04-2018 29-05-2018 GBP FINAL GROSS 0.010 10-08-2017 11-08-2017 27-09-2017 GBP INTERIM GROSS 0.017 06-04-2017 07-04-2017 16-05-2017 GBP FINAL 0.005 06-04-2017 07-04-2017 16-05-2017 GBP SPECIAL GROSS 0.009 11-08-2016 12-08-2016 28-09-2016 GBP INTERIM GROSS 0.015 07-04-2016 08-04-2016 17-05-2016 GBP FINAL GROSS

Dividend Growth and Yield

Dividends Per Share TTM Lloyds Banking Group Plc's trailing 12-month dividend per Current: 0.01 Median: 0.03 High: 0.03 Low: 0.01 CAGR: -20.6% share is 0.01 and its dividend 0.031 0.031 has grown at a cumulative annualized rate of -20.6% over 0.027 0.027 the charted period. This compares to dividend growth 0.024 0.024 of -83.10% over the past year and cumulative annualized growth of -42.80% over the 0.020 0.020 past 3 years.

0.016 0.016

0.013 0.013

0.009 0.009 2016 2017 2018 2019 2020 2021

Dividend Yield TTM % Lloyds Banking Group Plc's current dividend yield is 1.25% Current: 1.25 Median: 5.14 High: 13.63 Low: 1.22 CAGR: -24.4% based on trailing 12 month 14.25 14.25 dividends. The current yield is below the historically observed 11.98 11.98 median of 5.14% and, over the charted time period, the 9.70 9.70 observed high yield has been 13.63% and the observed low yield has been 1.22%. 7.43 7.43

5.15 5.15

2.87 2.87

0.60 0.60 2016 2017 2018 2019 2020 2021

Financials/Banks Price: 45.43 GBX Report Date: September 24, 2021 ICB Subsector Peer Comparisons

Price Change Year to Date % Price Change Last Calendar Year % -8.0 5.9 19.8 33.7 47.6 -48.8 -35.0 -21.1 -7.3 6.5

JSC Halyk Bank 45.1 Unicredito SpA 4.0

-3.5 JSC VTB Bank 41.6 Santander UK Plc JSC Halyk Bank -12.7 Axis Bank Ltd 27.7 BNP Paribas (France) -17.2 BNP Paribas (France) 25.3 Peer Group Average -20.3 Peer Group Average 24.9 Axis Bank Ltd -20.3 Lloyds Banking Group Plc 24.7 JSC VTB Bank -34.8

10.9 Santander UK Plc HSBC Holdings Plc -36.0

HSBC Holdings Plc -0.9 Lloyds Banking Group Plc -41.7

-8.0 5.9 19.8 33.7 47.6 -48.8 -35.0 -21.1 -7.3 6.5

Price / EPS TTM Price / Book Value 0.0 26.1 52.2 78.3 104.4 0.0 13.1 26.2 39.3 52.4

Turkiye Is Bankasi AS 99.9 JSC Halyk Bank 49.9 JSC VTB Bank 49.9 JSC Halyk Bank 99.9 Banca Carige SpA 47.5 Banca Carige SpA 99.9 Turkiye Is Bankasi AS 41.6 60.4 Unicredito SpA Peer Group Average 19.9 Peer Group Average 56.0 Unicredito SpA 3.6

3.6 Lloyds Banking Group Plc 37.9 Santander UK Plc Svenska Handelsbanken 1.2 HSBC Holdings Plc 27.0 Lloyds Banking Group Plc 0.7 Svenska Handelsbanken 13.0 BNP Paribas (France) 0.6 BNP Paribas (France) 10.3 HSBC Holdings Plc 0.5

0.0 26.1 52.2 78.3 104.4 0.0 13.1 26.2 39.3 52.4

EPS 5-Year Growth Rate % Revenue 5-Year Growth Rate % -119.7 -81.3 -42.8 -4.4 34.1 -21.0 -11.0 -1.0 9.0 19.0

17.2 Banca Carige SpA 27.1 JSC Halyk Bank Axis Bank Ltd 9.7 14.9 JSC Halyk Bank Lloyds Banking Group Plc 1.9 0.9 Lloyds Banking Group Plc 8.4 Svenska Handelsbanken JSC VTB Bank 0.2 0.8 BNP Paribas (France) HSBC Holdings Plc -0.6 -1.0 Svenska Handelsbanken -0.8 Peer Group Average Turkiye Is Bankasi AS -3.6 -10.0 Peer Group Average Santander UK Plc -5.6 -6.5 HSBC Holdings Plc -20.3 BNP Paribas (France) Unicredito SpA -8.5 -100.0 Unicredito SpA Banca Carige SpA -15.9 -119.7 -81.3 -42.8 -4.4 34.1 -21.0 -11.0 -1.0 9.0 19.0

Financials/Banks Price: 45.43 GBX Report Date: September 24, 2021 Abbreviations: CAGR - Cumulative annual growth rate. EBIT - Earnings before interest and taxes. EBITDA - Earnings before interest, taxes, depreciation & amortization. LFY - Last fiscal year M - Million LON - London Stock Exchange

Definitions: Market Value - Weekly Price times latest Shares Outstanding times any applicable ADR factor. Revenue - Sum of the last four quarters of Revenues. Revenue Per Share - Sum of the last four quarters of Total Revenue divided by Weighted Average Shares Outstanding. Operating EPS LFY - EPS excluding non-recurring, non-operating items, fiscal year aligned TTM value. 60-Day Average Volume (000) - The average of the last 60 daily volume values in thousands of shares. Price 52-Week High - The high closing price from the last 52 weeks of daily closing prices. Price 52-Week Low - The low closing price from the last 52 weeks of daily closing prices. Price / 52-Week High - Latest price divided by the high price from the past 52 weeks of daily closing prices. Price / 52-Week Low - Latest price divided by the low price from the past 52 weeks of daily closing prices. 50-Day Average Price - Mean of last 50 daily closing prices. 200-Day Average Price - Mean of last 200 daily closing prices. Price / 50-Day Average Price - Latest closing price divided by mean of last 50 daily closing prices, as a percentage. Price / 200-Day Average Price - Latest closing price divided by mean of last 200 daily closing prices, as a percentage. Relative Strength Index - Relative Strength Index or RSI measures the magnitude of gains over a given time period against the magnitude of losses over that period. The equation is RSI = 100 - 100 / (1 + RS) where RS = (total gains / n) / (total losses / n) and n = number of RSI periods. In this item, 14 days is used and one year of daily prices are considered. A value of 30 or below may imply oversold and 70 or above may imply overbought. Price Volatility - The standard deviation of the last 20 days of daily closing prices. Sharpe Ratio - The 5 year average of the excess monthly return over the risk - free rate(1 - month T - bill) over the 5 year standard deviation of the same series. Sortino Ratio - The same calculation as the Sharpe Ratio but with positive excess returns set to zero for the standard deviation denominator, so only negative volatility weighs in. Dividends Per Share TTM - Sum of the last four quarters of Dividends Per Share. Payout Ratio - Dividends Per Share TTM divided by Operating EPS TTM. Dividend Yield TTM % - Sum of the last four quarter of Dividends Per Share divided by Weekly Price. EBITDA - Sum of the last four quarters of EBITDA (Operating Income + Depreciation & Amortization). Free Cash Flow - Sum of the last four quarters Net Cash from Operations minus Capital Expenditures (Purchase of Property, Plant & Equipment), from the Cash Flow Statement. Book Value Per Share - Total Common Equity last quarter divided by Shares Outstanding last quarter. Gross Margin % - Sum of the last four quarters Gross Profit divided by the sum of the last four quarters Revenues. EBITDA Margin % - Sum of the last four quarters EBITDA divided by the sum of the last four quarters Revenues. Pre-Tax Margin % - Sum of the last four quarters of Earnings Before Taxes divided by sum of the last four quarters Revenues. Net Profit Margin % - Sum of the last four quarters of Operating EPS divided by sum of the last four quarters Revenues Per Share. Return on Equity % - Sum of the last four quarters of Operating EPS divided by the average of the last four quarters Book Value. Return on Capital % - Sum of the last four quarters of Operating EPS divided by the average of the last four quarters Total Capital Per Share. Return on Assets % - Sum of the last four quarters of Operating EPS divided by the average of the last four quarters Total Assets Per Share. Price / EPS TTM - Weekly Price divided by the sum of the last four quarters of Operating EPS (capped at 99.9). Price / Sales - Weekly Price divided by Revenues Per Share TTM. Price / Book Value - Weekly Price divided by Book Value Per Share last quarter. Book Value Per Share is Total Common Equity last quarter divided by Shares Outstanding last quarter (capped at 49.9). Free Cash Flow Yield % - Free Cash Flow Per Share TTM divided by Weekly Price. Enterprise Value - Market Value plus Total Debt last year plus Preferred Equity last year minus Cash & Cash Equivalents last year. Enterprise Value / Sales - Enterprise Value divided by the sum of the last four quarters of Revenue. Enterprise Value / EBITDA - Enterprise Value divided by EBITDA TTM. Enterprise Value / EBIT - Enterprise Value divided by trailing four quarters of Operating Income. Enterprise Value / Free Cash Flow- Enterprise Value divided by the sum of the last four quarters of Free Cash Flow. Russell 1000 Index - The largest 1,000 stocks by market cap, the index comprehensively covers the US large cap universe. EPS 5-Year Growth Rate % is capped at 999.9%. Revenue 5-Year Growth Rate % is capped at 999.9%.

Financials/Banks Price: 45.43 GBX Report Date: September 24, 2021

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