Capital ReturnLloyds is launching a £1.7bn buyback programme and reiterating its 2026 targets for profitability and capital return.
Earnings GrowthLloyds is expected to grow underlying EPS at a 19% CAGR through to 2027, well above the sector average.
ValuationThe stock trades at a lower P/E ratio compared to the sector, with earnings significantly ahead of consensus, suggesting potential for further growth.