UK's Lloyds falls as margin miss dents confidence in 2027 estimates

Lloyds Banking

Yesterday 08:26

** Shares of Lloyds LLOY.L fall 3.2% to 100.6 pence, among the top losers on FTSE 100 index .FTSE 
** Jefferies analysts say Lloyds' Q3 revenue missed expectations by 1%, while net interest margin and CET1 also came in below forecasts, raising questions over 2027 consensus estimates, particularly for net interest income
** Bank posted higher Q3 profit and kept its guidance unchanged, a day after finance minister John Healey announced higher taxes on the sector in his first budget
** LLOY rose about 2% YTD


 (Reporting by Yamini Kalia in Bengaluru)
 ((Yamini.Kalia@thomsonreuters.com))