3 November 2026 - share tip
Shares in Lloyds Bank have looked overvalued to us for some time as the share price has moved up to over 120p although it has not closed at this level. Although this puts the shares on a historic p/e ratio of around 12x which does not look very expensive, as banks go it is pretty high. In addition, last year's total dividend of 3.67p leaves the shares on a dividend yield of just over 3%! The market now seems to have accepted the fact that the shares are expensive with the share . . .
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