Lloyds Banking Group plc
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
Lloyds Banking Group plc (LLDTF) - Net Assets
Latest net assets as of September 2025: $45.63 Billion USD
Based on the latest financial reports, Lloyds Banking Group plc (LLDTF) has net assets worth $45.63 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($937.46 Billion) and total liabilities ($891.83 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $45.63 Billion |
| % of Total Assets | 4.87% |
| Annual Growth Rate | 8.06% |
| 5-Year Change | -7.13% |
| 10-Year Change | 80.17% |
| Growth Volatility | 65.79 |
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. Explore and compare other companies by net assets.
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.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $45.89 Billion | -3.12% |
| 2023-12-31 | $47.37 Billion | +7.87% |
| 2022-12-31 | $43.91 Billion | -17.39% |
| 2021-12-31 | $53.15 Billion | +7.57% |
| 2020-12-31 | $49.41 Billion | +3.36% |
| 2019-12-31 | $47.81 Billion | -4.77% |
| 2018-12-31 | $50.20 Billion | +2.15% |
| 2017-12-31 | $49.14 Billion | +42.83% |
| 2017-10-31 | $34.41 Billion | +35.09% |
| 2017-03-31 | $25.47 Billion | -47.83% |
| 2016-12-31 | $48.81 Billion | +54.65% |
| 2016-10-31 | $31.57 Billion | +62.01% |
| 2016-03-31 | $19.48 Billion | -58.53% |
| 2015-12-31 | $46.98 Billion | +55.92% |
| 2015-10-31 | $30.13 Billion | +69.68% |
| 2015-03-31 | $17.76 Billion | -64.41% |
| 2014-12-31 | $49.90 Billion | +26.86% |
| 2013-12-31 | $39.34 Billion | -7.62% |
| 2012-12-31 | $42.58 Billion | -7.79% |
| 2011-12-31 | $46.18 Billion | +3.62% |
| 2010-12-31 | $44.57 Billion | +1.04% |
| 2009-12-31 | $44.11 Billion | +354.76% |
| 2008-12-31 | $9.70 Billion | -21.94% |
| 2007-12-31 | $12.43 Billion | +7.98% |
| 2006-12-31 | $11.51 Billion | +8.25% |
| 2005-12-31 | $10.63 Billion | -8.93% |
| 2004-12-31 | $11.67 Billion | +12.92% |
| 2003-12-31 | $10.34 Billion | +19.12% |
| 2002-12-31 | $8.68 Billion | -26.35% |
| 2001-12-31 | $11.78 Billion | -17.45% |
| 2000-12-31 | $14.27 Billion | +63.59% |
| 1999-12-31 | $8.73 Billion | +16.08% |
| 1998-12-31 | $7.52 Billion | +19.43% |
| 1997-12-31 | $6.29 Billion | +23.22% |
| 1996-12-31 | $5.11 Billion | +5.45% |
| 1995-12-31 | $4.84 Billion | -- |
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 | $5.91 Billion | 12.93% |
| Common Stock | $6.06 Billion | 13.26% |
| Other Comprehensive Income | $15.02 Billion | 32.86% |
| Other Components | $18.72 Billion | 40.95% |
| Total Equity | $45.72 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 |
|---|---|
|
Truist Financial Corp
NYSE:TFC
|
$56.06 Billion |
|
Aflac Incorporated
NYSE:AFL
|
$56.14 Billion |
|
Deutsche Bank AG
NYSE:DB
|
$56.19 Billion |
|
Relx PLC
PINK:RLXXF
|
$56.43 Billion |
|
Prosus
PINK:PROSF
|
$55.30 Billion |
|
Digital Realty Trust Inc
NYSE:DLR
|
$55.29 Billion |
|
Dominion Energy Inc
NYSE:D
|
$55.28 Billion |
|
Fast Retailing Co. Ltd
PINK:FRCOF
|
$55.06 Billion |
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 2,326,000,000 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 426,000,000.
- Other factors decreased equity by 1,293,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $4.42 Billion | +9.67% |
| Dividends Paid | $2.33 Billion | -5.09% |
| Share Repurchases | $2.01 Billion | -4.4% |
| Share Issuances | $187.00 Million | +0.41% |
| Other Comprehensive Income | $-426.00 Million | -0.93% |
| Other Changes | $-1.29 Billion | -2.83% |
| Total Change | $- | -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: 1.37x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.21x to 1.37x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | $0.82 | $0.99 | x |
| 1996-12-31 | $0.98 | $0.99 | x |
| 1997-12-31 | $1.14 | $0.99 | x |
| 1998-12-31 | $1.32 | $0.99 | x |
| 1999-12-31 | $1.53 | $0.99 | x |
| 2000-12-31 | $3.32 | $0.99 | x |
| 2001-12-31 | $1.88 | $0.99 | x |
| 2002-12-31 | $1.38 | $0.99 | x |
| 2003-12-31 | $1.67 | $0.99 | x |
| 2004-12-31 | $1.92 | $0.99 | x |
| 2005-12-31 | $1.76 | $0.99 | x |
| 2006-12-31 | $1.92 | $0.99 | x |
| 2007-12-31 | $2.08 | $0.99 | x |
| 2008-12-31 | $1.59 | $0.99 | x |
| 2009-12-31 | $1.14 | $0.99 | x |
| 2010-12-31 | $0.65 | $0.99 | x |
| 2011-12-31 | $0.66 | $0.99 | x |
| 2012-12-31 | $0.60 | $0.99 | x |
| 2013-12-31 | $0.55 | $0.99 | x |
| 2014-12-31 | $0.67 | $0.99 | x |
| 2015-12-31 | $0.64 | $0.99 | x |
| 2016-12-31 | $0.67 | $0.99 | x |
| 2017-12-31 | $0.68 | $0.99 | x |
| 2018-12-31 | $0.69 | $0.99 | x |
| 2019-12-31 | $0.67 | $0.99 | x |
| 2020-12-31 | $0.69 | $0.99 | x |
| 2021-12-31 | $0.74 | $0.99 | x |
| 2022-12-31 | $0.63 | $0.99 | x |
| 2023-12-31 | $0.72 | $0.99 | x |
| 2024-12-31 | $0.72 | $0.99 | 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 (14.67%), 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 | $709.10 Million |
| 1996 | 31.04% | 0.00% | 0.00x | 29.04x | $1.07 Billion |
| 1997 | 37.34% | 0.00% | 0.00x | 25.28x | $1.71 Billion |
| 1998 | 28.54% | 21.16% | 0.03x | 38.61x | $1.39 Billion |
| 1999 | 28.99% | 26.89% | 0.03x | 34.41x | $1.65 Billion |
| 2000 | 14.07% | 11.12% | 0.08x | 16.48x | $558.65 Million |
| 2001 | 20.75% | 13.99% | 0.07x | 21.98x | $1.16 Billion |
| 2002 | 22.54% | 11.77% | 0.06x | 31.80x | $996.46 Million |
| 2003 | 33.81% | 20.96% | 0.06x | 26.19x | $2.29 Billion |
| 2004 | 21.66% | 15.68% | 0.05x | 25.75x | $1.29 Billion |
| 2005 | 24.45% | 14.28% | 0.06x | 30.38x | $1.47 Billion |
| 2006 | 25.13% | 14.10% | 0.06x | 30.80x | $1.69 Billion |
| 2007 | 27.08% | 15.36% | 0.06x | 29.10x | $2.07 Billion |
| 2008 | 8.22% | 3.97% | 0.04x | 46.42x | $-167.30 Million |
| 2009 | 6.53% | 6.79% | 0.04x | 23.74x | $-1.50 Billion |
| 2010 | -0.73% | -0.77% | 0.04x | 22.70x | $-4.69 Billion |
| 2011 | -6.51% | -8.65% | 0.03x | 21.54x | $-7.51 Billion |
| 2012 | -3.51% | -4.05% | 0.04x | 22.30x | $-5.66 Billion |
| 2013 | -2.15% | -2.60% | 0.04x | 21.61x | $-4.74 Billion |
| 2014 | 2.90% | 5.68% | 0.03x | 17.56x | $-3.46 Billion |
| 2015 | 16.81% | 15.05% | 0.24x | 4.61x | $1.21 Billion |
| 2015 | 11.17% | 18.52% | 0.04x | 16.28x | $353.90 Million |
| 2015 | 1.85% | 3.64% | 0.03x | 17.31x | $-3.80 Billion |
| 2016 | 19.13% | 19.63% | 0.22x | 4.35x | $1.78 Billion |
| 2016 | 10.95% | 18.01% | 0.04x | 16.26x | $298.60 Million |
| 2016 | 4.26% | 8.46% | 0.03x | 16.91x | $-2.77 Billion |
| 2017 | 38.27% | 51.84% | 0.23x | 3.23x | $7.20 Billion |
| 2017 | 12.06% | 19.05% | 0.04x | 16.00x | $709.30 Million |
| 2017 | 7.99% | 16.48% | 0.03x | 16.61x | $-981.60 Million |
| 2018 | 8.83% | 20.42% | 0.03x | 15.98x | $-584.50 Million |
| 2019 | 6.14% | 11.80% | 0.03x | 17.52x | $-1.84 Billion |
| 2020 | 2.68% | 11.79% | 0.01x | 17.71x | $-3.60 Billion |
| 2021 | 10.93% | 30.91% | 0.02x | 16.75x | $492.30 Million |
| 2022 | 8.76% | 18.42% | 0.02x | 20.00x | $-539.70 Million |
| 2023 | 11.58% | 29.65% | 0.02x | 18.69x | $743.60 Million |
| 2024 | 9.67% | 11.75% | 0.04x | 19.83x | $-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: $16,924,188,763
- Average return on equity (ROE) among peers: 8.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lloyds Banking Group plc (LLDTF) | $45.63 Billion | 26.85% | 19.54x | $55.77 Billion |
| Ameris Bancorp (ABCB) | $293.77 Million | 7.18% | 9.19x | $4.91 Billion |
| ACNB Corporation (ACNB) | $49.44 Million | 14.38% | 8.56x | $474.47 Million |
| Addiko Bank AG (ADBKF) | $851.70 Million | 0.16% | 5.94x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $117.10 Million | 6.09% | 5.76x | $79.30 Million |
| Absa Group Limited (AGRPF) | $85.20 Billion | 14.06% | 10.26x | $6.72 Billion |
| AIB Group plc (AIBGY) | $13.66 Billion | 4.74% | 8.36x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $62.92 Billion | 9.95% | 6.60x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $5.78 Billion | 1.48% | 10.55x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $18.00 Million | 9.85% | 14.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |