The quarterly underlying operating performance proved better than expected. However, the group’s updated guidance is, at best, in line with consensus forecasts as management expects net interest margin pressure as soon as this year.
22 Feb 2023
Net interest margin warning
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Net interest margin warning
Lloyds Banking Group plc (LLOY:LON) | 51.7 0 0.0% | Mkt Cap: 32,921m
- Published:
22 Feb 2023 -
Author:
David Grinsztajn -
Pages:
2
The quarterly underlying operating performance proved better than expected. However, the group’s updated guidance is, at best, in line with consensus forecasts as management expects net interest margin pressure as soon as this year.