Eyes Down for Lloyds Banking Group PLC (ADR) (LYG)’s Results

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Lloyds also expects to reach its long-term loan-to-deposit ratio target of 100% for the core business in Q1 of 2013, at the same time as reaching a 120% loan-to-deposit ratio for the group. As we’re now well into Q1, keep an eye out for news on these targets.

Lloyds has also promised to provide an update on Payment Protection Insurance (PPI) mis-selling claims. News on the ultimate likely cost of the PPI scandal, for which Lloyds’ current provision is 5.3 billion pounds, is something to watch for.

Dividends
Finally, the Lloyds’ board may give shareholders some idea of when it hopes to resume paying dividends. It has been reported in the press that chief executive Antonio Horta-Osorio is keen to pay a small dividend in early 2014.

The article Eyes Down for Lloyds Banking Group’s Results originally appeared on Fool.com and is written by G. A. Chester.

G A Chester does not own shares in Lloyds or Royal Bank of Scotland Group.

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