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AlphaValue/Baader Europe Lifts EPS Forecasts for Lloyds Banking Group Post-Q2 Earnings

MT Newswires·08/05/2026 03:32:14
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03:32 AM EDT, 08/05/2026 (MT Newswires) -- AlphaValue/Baader Europe increased its EPS assumptions for Lloyds Banking Group (LLOY.L) after the British lender published its second-quarter earnings. "This has translated into limited EPS upgrades on the back of increased revenue projections. Hence, we have upgraded our 2026 earnings projections by 5.5%, driven by increased trading income (+20%), and to a lesser extent, increased net interest (+0.6%) and fee income (+5%). On the other hand, we have kept our operating expenses and loan impairments assumptions unchanged," analysts said Tuesday. Accordingly, the research firm boosted its full-year 2026 and 2027 EPS estimates by 5.95% and 4.43%, respectively, to 0.0983 pound sterling and 0.109 pound. AlphaValue/Baader Europe has a reduce rating and price target of 1.19 pounds on the stock.