First quarter trends enjoyed stronger-than-expected net interest margin expansion, albeit offset by lower non-interest income (notably from insurance). During this period, the group generated 50bp of excess equity.
07 May 2018
Net interest margin improvement ahead of expectations
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Net interest margin improvement ahead of expectations
Lloyds Banking Group plc (LLOY:LON) | 51.3 0.1 0.4% | Mkt Cap: 32,477m
- Published:
07 May 2018 -
Author:
David Grinsztajn -
Pages:
2
First quarter trends enjoyed stronger-than-expected net interest margin expansion, albeit offset by lower non-interest income (notably from insurance). During this period, the group generated 50bp of excess equity.