Lloyds Banking Group (LYG) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $0.12
- Estimate
- $0.13
- Surprise
- -4.9%
- Revenue (period 2026-06-30)
- $5.73B
- Score at report (before → after)
- 5.5 → 5.5/10
Revenue source: yfinance_provisional (provisional — SEC XBRL not yet filed for this period).
How the report landed
Lloyds Banking Group (LYG) missed the $0.13 estimate with diluted EPS of $0.12 — a clear 4.9% shortfall. TrendMatrix's engine moved from Hold (5.5/10) to Buy (Wait) at 5.5/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates LYG Sell at 5.5/10.
1 of the last 4 quarters beat the estimate; this quarter's -4.9% surprise compares with a -7.8% four-quarter average. Next scheduled report: 2026-10-29.
What supports the rating
- Sector modifier (Financial Services): +1.0
- Attractive valuation
What argues against it
- Analyst target reached - limited upside remaining
- V7 low-quality RISK_OFF penalty: -0.5 (Q=5.2)
- Consecutive earnings misses (2)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $6.01
- Price target
- $6.12
- Stop
- $5.83
- Upside to target
- +1.8%
The stock trades at 14.0× trailing but 9.4× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-09-14 — shown for context, not personalized investment advice.
LYG at TrendMatrix's latest read
For financials, the EPS print is only half the story: credit costs, reserve builds, and rate sensitivity decide how a quarter actually lands.
- Industry
- Banks - Regional
- Market cap
- $86.80B
- P/E (fwd)
- 9.4
- P/E (ttm)
- 14.0
- 52-week range
- $4.36–$6.34
- Off 52-week high
- 5.2%
- RSI (14)
- 49
- Volume vs avg
- 1.13×
- Score today
- 5.5/10