CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider (Saxo Bank). You should consider whether you understand how CFDs, FX or any of our other products work and whether you can afford to take the high risk of losing your money.

Lloyds Bank Full Year Results

Lloyds Banking Group Full year results

After a period of struggle in the banking sector recently, Lloyds Bank full year results release enabled the bank’s share price to shoot upwards of 10% in early trade. The bank made a surprise announcement to their dividend payments and answered some of the pressing questions around the cost of the eye-watering PPI claims scandal and the allocation that Lloyds will put aside.

So what were the results? Why have investors taken to the numbers so strongly?

Our Head Analyst Ravi Lockyer and CSS co-founder Luca Sarri  discuss what the results were and Ravi gives comment on a rough idea for when the Lloyds Share Sale from the government may take place.

What questions were asked?

  1. What are the good points in the FY15 numbers today?.
  2. What targets has Lloyds set itself?
  3. PPI; are we coming to an end of the provisions for PPI?
  4. Special dividend of only 0.5p is a bit mean? What’s your view on the payout
  5. Any lingering concerns over today’s numbers?
  6. What does this mean for the Governments share sale?

Watch the video below

[video_player type=”youtube” width=”560″ height=”315″ align=”left” margin_top=”0″ margin_bottom=”20″]aHR0cHM6Ly95b3V0dS5iZS85ajgyaGtDb19nVQ==[/video_player]

 

 

 

 

 

 

 

 

 

 

Enjoy the discussion and as always if you have any thoughts or questions please ask away in the comments below!

If there were any unfamiliar terms you heard or wanted to brush up on your Financial Jargon glossary in general, check out our financial terms list here: Financial Terms List

Get Started with CSS

Open an Account

Subscribe to our award winning daily newsletter

Voted "Best Market Newsletter" in 2012, 2014, 2015 and 2017 by the City of London Wealth Management Awards

Subscribe to our newsletter (Popup)

By signing up to our free email, you are consenting to receive these promotions. The newsletter is sent up to three times per day during the week and up to once per day over the weekend and is directed at UK residents. The newsletter contains company news, market movements, CSS research and promotions and breaking economic news. Occasionally our newsletter will contain advertisements from trusted partners. However, we will never give, sell or rent your email address to any other companies. If you want to stop receiving our free emails you can unsubscribe at any time by clicking on the link at the bottom of each email. You can read our privacy policy here.

Sending
No, thank you I am already subscribed