Lloyds Banking Group: Earnings Continue To Impress, But The Market Has Caught Up (Rating Downgrade)

2026-01-29 21:33:46 ET

2025 ended up being something of a banner year for Lloyds Banking Group ( LYG ), as a major sector-wide re-rate helped push its shares to levels last seen during the 2008 financial crisis. Coupled with a weaker dollar, that's been great for the bank's ADSs, which have returned around 100% this past year and nearly 30% since my last update in the fall....

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