Net income is the profit of a company for the reporting period which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most watched numbers by money managers as well as individual investors.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin which measures income as a percentage of sales.
Lloyds Net Income Assessment
Based on recorded statements Lloyds Banking Group plc reported net loss of -1.3502E8. This is 118.62% lower than that of Financial sector, and 111.72% lower than that of Foreign Money Center Banks industry, The Net Income for all stocks is 127.16% higher than the company.
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Lloyds is rated below average in net income category among related companies.
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