Lloyds Banking Plc Gross margin
What is the Gross margin of Lloyds Banking Plc?
The Gross margin of Lloyds Banking Group Plc is 99.20%
What is the definition of Gross margin?
Gross margin is the difference between revenue and cost of goods sold, divided by revenue, and expressed as a percentage.
lfy (last fiscal year)
Gross margin is a type of profit margin, specifically a form of profit divided by net revenue. It is generally calculated as the selling price of an item, minus the cost of goods sold (production or acquisition costs, not including indirect fixed costs like rent, or administrative costs). The purpose of margins is to give a description of the gross profit.
Gross margin of companies in the Finance sector on LSE compared to Lloyds Banking Plc
What does Lloyds Banking Plc do?
Lloyds Banking Group plc provides range of banking and financial services in the United Kingdom and internationally. It operates through three segments: Retail; Commercial Banking; and Insurance and Wealth. The Retail segment offers a range of financial service products, including current accounts, savings accounts, mortgages, motor finance, unsecured loans, leasing solutions, and credit cards to personal and small business customers. The Commercial Banking segment provides lending, transactional banking, working capital management, risk management, term lending, and debt capital markets services to corporate clients. The Insurance and Wealth segment offers life, home, and car insurance products; pensions and investment products; and advisory services in areas, including investments, planning for retirement, and protection and inheritance tax planning, as well as personal lending. It also provides digital, telephony, and mobile services. The company offers its products and services under the Lloyds Bank, Halifax, Black Horse, Agricultural Mortgage Corporation, Schroders Personal Wealth, Lex Autolease, Birmingham Midshires, MBNA, LDC, Bank of Scotland, and Scottish Widows brands. Lloyds Banking Group plc was founded in 1695 and is headquartered in London, the United Kingdom.
Companies with gross margin similar to Lloyds Banking Plc
- PTC India Services has Gross margin of 99.17%
- Indiabulls Housing Finance has Gross margin of 99.18%
- PNB Housing Finance has Gross margin of 99.18%
- Modern Living Investments has Gross margin of 99.18%
- Arbor Realty Trust has Gross margin of 99.18%
- Wyndham Destinations Inc has Gross margin of 99.20%
- Lloyds Banking Plc has Gross margin of 99.20%
- Rural Electrification has Gross margin of 99.21%
- Pacwest Bancorp has Gross margin of 99.21%
- Gaumont SA has Gross margin of 99.22%
- City of London plc has Gross margin of 99.22%
- Tourism Finance of India has Gross margin of 99.22%
- IFCI has Gross margin of 99.23%