LYG

Lloyds Banking Group PLC is a financial services company operating in the banking and financial industry. Founded by John Taylor and Sampson Lloyd, the institution emerged during a period of expansion and consolidation of the British banking system, with the goal of providing reliable financial services for merchants and business owners.

The company offers a wide range of products, including personal and commercial banking services, credit solutions, investments, insurance, asset management, and corporate financing.

Lloyds Banking Group is also noted for its strong digital presence, offering robust online banking platforms, mobile applications, and remote service tools widely used across the United Kingdom.

The group operates primarily in the United Kingdom, where it is one of the largest financial institutions, serving millions of customers. It also maintains an international presence through strategic partnerships and complementary operations in markets such as the United States and other global financial centers.

Key market factors supporting its relevance include its extensive customer base, solid position in the European banking sector, and ongoing investments in technological innovation. The institution also emphasizes sustainability initiatives, corporate governance practices, and financial inclusion programs.

Its operational structure includes a broad network of branches, regional offices, call centers, and digital platforms. The company also controls subsidiaries dedicated to insurance, lending, and asset management, while investing in new digital solutions to improve customer experience.

Lloyds Banking Group PLC shares are traded on the NYSE under the ticker LYG.

History and when Lloyds Banking Group PLC was founded

Lloyds Banking Group PLC traces its origins back to 1765, when John Taylor and Sampson Lloyd founded the bank in Birmingham, England. The institution was created to serve local merchants and business owners at a time when the country’s financial system was still developing.

Throughout the 19th century, the bank expanded its branch network and diversified its financial products, establishing itself as a major national player. During the 20th century, growth accelerated through mergers and acquisitions, broadening its footprint and strengthening its market position.

In 2009, Lloyds Banking Group was formally established following the merger of Lloyds TSB and HBOS, forming one of the largest financial groups in Europe—an important step during the post-2008 financial recovery.

In 2017, the company completed its return to full private ownership, ending the government intervention that began during the global financial crisis. Subsequent years were marked by rapid digital transformation, technological modernization, and increased focus on sustainability.

Between 2020 and 2024, Lloyds Banking Group intensified investments in digital innovation, expanded its online platforms, and adjusted its shareholder structure, reinforcing its position in the competitive European financial sector.

Additional Information

The Company Lloyds Banking Group PLC (United States), is listed on NYSE with a market value of $ 84.74 Billions, having an equity of $ 64.08 Billions.

With a total of 61.576 employees, the company is listed in the sector of Financial and categorized in industry of Banks.

In the last 12 months the Company had a revenue of $ 25.93 Billions, which generated a profit in the amount of $ 6.20 Billions.

As for its main indicators, the Company has a P/E ratio of 13.66, a P/BV ratio of 1.32 and in the last 12 months the dividend yield of LYG was at 2.94%.

The Company is traded internationally through the ticker LYG.