Lloyds Banking Group PLC (LLOY) - Net Assets

Latest as of September 2025: GBX45.63 Billion GBX ≈ $5.55 Million USD

Based on the latest financial reports, Lloyds Banking Group PLC (LLOY) has net assets worth GBX45.63 Billion GBX (≈ $5.55 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX937.46 Billion ≈ $114.06 Million USD) and total liabilities (GBX891.83 Billion ≈ $108.51 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how resilient are Lloyds Banking Group PLC's assets to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets GBX45.63 Billion
% of Total Assets 4.87%
Annual Growth Rate 8.06%
5-Year Change -7.13%
10-Year Change -2.32%
Growth Volatility 250.24

Lloyds Banking Group PLC - Net Assets Trend (1995–2024)

This chart illustrates how Lloyds Banking Group PLC's net assets have evolved over time, based on quarterly financial data. Also explore LLOY current and non-current assets for the complete picture of this company's asset base.

Annual Net Assets for Lloyds Banking Group PLC (1995–2024)

The table below shows the annual net assets of Lloyds Banking Group PLC from 1995 to 2024. For live valuation and market cap data, see market cap of Lloyds Banking Group PLC.

Year Net Assets Change
2024-12-31 GBX45.89 Billion
≈ $5.58 Million		 -3.12%
2023-12-31 GBX47.37 Billion
≈ $5.76 Million		 +7.87%
2022-12-31 GBX43.91 Billion
≈ $5.34 Million		 -14.26%
2021-12-31 GBX51.22 Billion
≈ $6.23 Million		 +3.65%
2020-12-31 GBX49.41 Billion
≈ $6.01 Million		 -93.13%
2019-12-31 GBX719.07 Billion
≈ $87.49 Million		 +1332.45%
2018-12-31 GBX50.20 Billion
≈ $6.11 Million		 +2.15%
2017-12-31 GBX49.14 Billion
≈ $5.98 Million		 +0.67%
2016-12-31 GBX48.81 Billion
≈ $5.94 Million		 +3.91%
2015-12-31 GBX46.98 Billion
≈ $5.72 Million		 -5.86%
2014-12-31 GBX49.90 Billion
≈ $6.07 Million		 +26.86%
2013-12-31 GBX39.34 Billion
≈ $4.79 Million		 -7.62%
2012-12-31 GBX42.58 Billion
≈ $5.18 Million		 -7.79%
2011-12-31 GBX46.18 Billion
≈ $5.62 Million		 +3.62%
2010-12-31 GBX44.57 Billion
≈ $5.42 Million		 +1.04%
2009-12-31 GBX44.11 Billion
≈ $5.37 Million		 +354.76%
2008-12-31 GBX9.70 Billion
≈ $1.18 Million		 -21.94%
2007-12-31 GBX12.43 Billion
≈ $1.51 Million		 +7.98%
2006-12-31 GBX11.51 Billion
≈ $1.40 Million		 +8.25%
2005-12-31 GBX10.63 Billion
≈ $1.29 Million		 -8.97%
2004-12-31 GBX11.68 Billion
≈ $1.42 Million		 +12.82%
2003-12-31 GBX10.35 Billion
≈ $1.26 Million		 +18.94%
2002-12-31 GBX8.70 Billion
≈ $1.06 Million		 -26.14%
2001-12-31 GBX11.78 Billion
≈ $1.43 Million		 +11.41%
2000-12-31 GBX10.58 Billion
≈ $1.29 Million		 +21.20%
1999-12-31 GBX8.73 Billion
≈ $1.06 Million		 +16.08%
1998-12-31 GBX7.52 Billion
≈ $914.60K		 +19.43%
1997-12-31 GBX6.29 Billion
≈ $765.80K		 +23.22%
1996-12-31 GBX5.11 Billion
≈ $621.50K		 +5.45%
1995-12-31 GBX4.84 Billion
≈ $589.37K		 --

Equity Component Analysis

This analysis shows how different components contribute to Lloyds Banking Group PLC's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 591200000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings GBX5.91 Billion 12.93%
Common Stock GBX6.06 Billion 13.26%
Other Components GBX33.74 Billion 73.81%
Total Equity GBX45.72 Billion 100.00%

Lloyds Banking Group PLC Competitors by Market Cap

The table below lists competitors of Lloyds Banking Group PLC ranked by their market capitalization.

Company Market Cap
Anterix Inc
NASDAQ:ATEX
 $703.61 Million
Shanghai Allied Industrial Corp. Ltd. A
SHE:301419
 $703.80 Million
Dongwoon Anatech Co Ltd
KQ:094170
 $703.95 Million
Kerjaya Prospek Group Bhd
KLSE:7161
 $703.96 Million
W olf Photoelectric Technology Ltd
SHE:002962
 $702.94 Million
Braskem S.A.
SA:BRKM3
 $702.80 Million
Hippo Holdings Inc
NYSE:HIPO
 $702.54 Million
Thinking Electronic Industrial Co Ltd
TW:2428
 $702.31 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Lloyds Banking Group PLC's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 47,164,000,000 to 45,716,000,000, a change of -1,448,000,000 (-3.1%).
  • Net income of 4,421,000,000 contributed positively to equity growth.
  • Dividend payments of 1,828,000,000 reduced retained earnings.
  • Share repurchases of 2,011,000,000 reduced equity.
  • New share issuances of 187,000,000 increased equity.
  • Other comprehensive income decreased equity by 1,359,000,000.
  • Other factors decreased equity by 858,000,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income GBX4.42 Billion +9.67%
Dividends Paid GBX1.83 Billion -4.0%
Share Repurchases GBX2.01 Billion -4.4%
Share Issuances GBX187.00 Million +0.41%
Other Comprehensive Income GBX-1.36 Billion -2.97%
Other Changes GBX-858.00 Million -1.88%
Total Change GBX- -3.07%

Book Value vs Market Value Analysis

This analysis compares Lloyds Banking Group PLC's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 135.54x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 720.02x to 135.54x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1995-12-31 GBX0.14 GBX98.24 x
1996-12-31 GBX0.16 GBX98.24 x
1997-12-31 GBX0.19 GBX98.24 x
1998-12-31 GBX0.22 GBX98.24 x
1999-12-31 GBX0.25 GBX98.24 x
2000-12-31 GBX2.02 GBX98.24 x
2001-12-31 GBX0.31 GBX98.24 x
2002-12-31 GBX0.23 GBX98.24 x
2003-12-31 GBX0.28 GBX98.24 x
2004-12-31 GBX0.32 GBX98.24 x
2005-12-31 GBX0.29 GBX98.24 x
2006-12-31 GBX0.32 GBX98.24 x
2007-12-31 GBX0.35 GBX98.24 x
2008-12-31 GBX0.26 GBX98.24 x
2009-12-31 GBX0.65 GBX98.24 x
2010-12-31 GBX0.65 GBX98.24 x
2011-12-31 GBX0.66 GBX98.24 x
2012-12-31 GBX0.60 GBX98.24 x
2013-12-31 GBX0.55 GBX98.24 x
2014-12-31 GBX0.67 GBX98.24 x
2015-12-31 GBX0.64 GBX98.24 x
2016-12-31 GBX0.67 GBX98.24 x
2017-12-31 GBX0.68 GBX98.24 x
2018-12-31 GBX0.69 GBX98.24 x
2019-12-31 GBX0.67 GBX98.24 x
2020-12-31 GBX0.69 GBX98.24 x
2021-12-31 GBX0.72 GBX98.24 x
2022-12-31 GBX0.63 GBX98.24 x
2023-12-31 GBX0.74 GBX98.24 x
2024-12-31 GBX0.72 GBX98.24 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Lloyds Banking Group PLC utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 9.67%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 11.75%
  • • Asset Turnover: 0.04x
  • • Equity Multiplier: 19.83x
  • Recent ROE (9.67%) is below the historical average (14.17%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 26.85% 0.00% 0.00x 35.17x GBX709.10 Million
1996 31.04% 0.00% 0.00x 29.04x GBX1.07 Billion
1997 37.34% 0.00% 0.00x 25.28x GBX1.71 Billion
1998 28.54% 21.16% 0.06x 22.47x GBX1.39 Billion
1999 28.99% 26.89% 0.03x 34.41x GBX1.65 Billion
2000 19.26% 11.12% 0.08x 21.86x GBX928.50 Million
2001 20.75% 13.99% 0.06x 22.96x GBX1.16 Billion
2002 22.47% 11.77% 0.06x 31.71x GBX993.95 Million
2003 33.77% 20.96% 0.06x 26.19x GBX2.29 Billion
2004 21.65% 15.68% 0.05x 25.75x GBX1.29 Billion
2005 24.45% 14.28% 0.06x 30.38x GBX1.47 Billion
2006 25.13% 14.10% 0.06x 30.80x GBX1.69 Billion
2007 27.08% 15.36% 0.06x 29.10x GBX2.07 Billion
2008 8.22% 3.97% 0.04x 46.42x GBX-167.30 Million
2009 6.53% 6.79% 0.04x 23.74x GBX-1.50 Billion
2010 -0.73% -0.77% 0.04x 22.70x GBX-4.69 Billion
2011 -6.51% -8.65% 0.03x 21.54x GBX-7.51 Billion
2012 -3.51% -4.05% 0.04x 22.30x GBX-5.66 Billion
2013 -2.15% -2.60% 0.04x 21.61x GBX-4.74 Billion
2014 2.90% 5.68% 0.03x 17.56x GBX-3.46 Billion
2015 1.85% 3.64% 0.03x 17.31x GBX-3.80 Billion
2016 4.26% 8.46% 0.03x 16.91x GBX-2.77 Billion
2017 7.99% 16.48% 0.03x 16.61x GBX-981.60 Million
2018 8.83% 20.42% 0.03x 15.98x GBX-584.50 Million
2019 6.14% 11.80% 0.03x 17.52x GBX-1.84 Billion
2020 2.68% 7.05% 0.02x 17.71x GBX-3.60 Billion
2021 11.35% 30.91% 0.02x 17.29x GBX685.80 Million
2022 8.76% 18.42% 0.02x 20.00x GBX-539.70 Million
2023 11.58% 16.08% 0.04x 18.69x GBX743.60 Million
2024 9.67% 11.75% 0.04x 19.83x GBX-150.60 Million

Industry Comparison

This section compares Lloyds Banking Group PLC's net assets metrics with peer companies in the Banks - Regional industry.

Industry Context

  • Industry: Banks - Regional
  • Average net assets among peers: $219,854,456,396
  • Average return on equity (ROE) among peers: 10.89%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Lloyds Banking Group PLC (LLOY) GBX45.63 Billion 26.85% 19.54x $703.30 Million
Arbuthnot Banking Group Plc (ARBB) $21.85 Million 21.48% 6.37x $1.67 Million
Axis Bank Ltd GDR (AXB) $1.58 Trillion 16.75% 8.64x $410.15 Million
Lion Finance Group PLC (BGEO) $2.15 Billion 23.14% 7.63x $57.47 Million
Close Brothers Group plc (CBG) $1.30 Billion 15.52% 6.83x $8.09 Million
Halyk Bank of Kazakhstan Joint Stock Company (HSBK) $309.13 Billion 12.74% 6.36x $6.48 Billion
Manx Financial Group Plc (MFX) $29.77 Million 14.55% 11.74x $403.91K
Metro Bank PLC (MTRO) $407.18 Million -12.08% 14.10x $12.19 Million
Nationwide Building Society (NBS) $14.36 Billion 8.72% 17.96x $1.19 Billion
NatWest Group PLC (NWG) $76.05 Billion -2.83% 18.81x $548.86 Million

About Lloyds Banking Group PLC

LSE:LLOY UK Banks - Regional
Market Cap
$703.30 Million
GBX5.78 Trillion GBX
Market Cap Rank
#10832 Global
#38 in UK
Share Price
GBX98.24
Change (1 day)
-1.45%
52-Week Range
GBX71.62 - GBX112.60
All Time High
GBX112.60
Categories
Companies in UK Banks - Regional Banking & Financial
About

Lloyds Banking Group plc, together with its subsidiaries, provides a range of banking and financial products and services in the United Kingdom and internationally. The company operates through three segments: Retail; Commercial Banking; and Insurance, Pensions and Investments. The Retail segment offers a range of financial service products, including current accounts, savings, mortgages, motor f… Read more