Lloyds Banking (LYG) has released an update.
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Lloyds Bank plc reports a robust financial position with total capitalisation and indebtedness reaching £97.5 billion as of September 30, 2024. The bank’s equity stands at £40.2 billion, while its total indebtedness amounts to £57.3 billion, indicating a strong balance sheet. Notably, recent developments include the issuance of £763 million in Additional Tier 1 securities, further bolstering its equity base.
For further insights into LYG stock, check out TipRanks’ Stock Analysis page.
