The first quarter results were on track with guidance and confirmed the group’s superior excess capital generation power supported by a low risk, an indecently profitable business backed by dominant market positions. The picture will further improve driven by ongoing efficiency gains and the repayment of the costly own debt issued during the crisis, even if it comes partly at a cost.
13 May 2016
Confirmed indecent excess capital generation power
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Confirmed indecent excess capital generation power
Lloyds Banking Group plc (LLOY:LON) | 51.5 0.2 0.7% | Mkt Cap: 32,635m
- Published:
13 May 2016 -
Author:
David Grinsztajn -
Pages:
2
The first quarter results were on track with guidance and confirmed the group’s superior excess capital generation power supported by a low risk, an indecently profitable business backed by dominant market positions. The picture will further improve driven by ongoing efficiency gains and the repayment of the costly own debt issued during the crisis, even if it comes partly at a cost.