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Lloyds Banking 3Q Pretax Profit Beats Views on Lower Impairments -- Earnings Review

Por: MarketWatch Business October 25, 2023

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NET INCOME: The FTSE 100-listed lender's net income for the three months ended Sept. 30 was GBP4.51 billion, short of consensus' GBP4.56 billion estimate. Net interest income at GBP3.44 billion missed consensus' GBP3.48 billion. WHAT WE WATCHED: --BANKING NET INTEREST MARGIN: Lloyds Banking posted a net interest margin--the difference between what lenders earn on loans and pay out on deposits--of 3.08% for the third quarter, below... + full article



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