How to buy Lloyds Bank shares

Lloyds Bank shares have fallen -1.00% from their previous closing price (45.495p). Learn how to easily invest in Lloyds Bank shares.

Lloyds Banking Group PLC (LLOY) is a publicly traded banking business based in the UK which employs around 59,350 staff. Lloyds Bank is listed on the London Stock Exchange (LSE) and traded in sterling. Its current price of 45.495p is 7.9% up on its price a month ago (42.155p).

How to buy shares in Lloyds Bank

  1. Choose a platform. If you're a beginner, our share trading platform picks below can help you choose.
  2. Open your account. Provide your personal information and sign up.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: LLOY in this case.
  5. Research shares. The platform should provide the latest information available.
  6. Buy your shares. Place a market order or limit order with your preferred number of shares. It's that simple.
The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving licence and a means of payment.

Our top picks for where to buy Lloyds Bank shares

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Fees calculator for buying Lloyds Bank shares with popular apps

Both exchange rates and share prices fluctuate in real time, so the costs estimated here should be considered as a guide only. They don't factor in spreads, which can be hard to pin down. Always refer to the platform itself for availability and pricing.

Quantity of shares

1000
Platform Finder score Account fee Min. initial deposit Trade cost Link
eToro Free Stocks logo
4.39/5 ★★★★★
£0 $50 £459.51
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4.07/5 ★★★★★
£0 £0 £465.22
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4.3/5 ★★★★★
£0 £0 £457.22
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CMC Invest share dealing account logo
4.38/5 ★★★★★
£0 £0 £457.22
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Hargreaves Lansdown Fund and Share Account logo
4.2/5 ★★★★★
£0 £1 £469.17
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InvestEngine logo
4.34/5 ★★★★★
0% - 0.25% £100 £457.22
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Full comparison of share dealing platforms

These providers cover a wide range of stocks, but we can't guarantee they'll all offer this stock.

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Alternative ways to invest in Lloyds Bank

Buying shares in just one company is generally considered a riskier bet than investing in a range of investments - AKA a "diversified portfolio". Experts generally recommend holding a mix of investments in specific assets and funds. Funds are ready-made portfolios of multiple companies' shares (potentially including Lloyds Bank), and the idea is that drops in the value of one constituent company's share price might be offset by rises in others.

Lloyds Bank is a major part of the London stock exchange, so it's included in many global funds and investment trusts, as well as tracker-style exchange traded funds (ETFs).

IconFund5-year performanceLink to invest
HSBC iconHSBC FTSE 100 (HUKX)22.16%Invest with IGCapital at risk
Vanguard iconVanguard FTSE 100 (VUKE)22.05%Capital at risk
iShares iconiShares Core FTSE 100 (CUKX)21.95%Invest with eToroCapital at risk
Xtrackers iconXtrackers FTSE 100 (XDUK)21.88%Invest with IGCapital at risk
Lyxor iconLyxor FTSE 100 (100D)21.18%Invest with IGCapital at risk
Invesco iconInvesco FTSE 100 (S100)21.09%Invest with IGCapital at risk

Is it a good time to buy Lloyds Bank stock?

Only you can make the decision on the time to leap... but here's some supporting information and analysis.

Use our graph to track the performance of LLOY stocks over time.

Share price volatility

Over the last 12 months, Lloyds Bank's shares have ranged in value from as little as 39.42 up to 50.152. A popular way to gauge a stock's volatility is its "beta".

LLOY.LSE volatility(beta: 1.23)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (LSE average) beta is 1, while Lloyds Bank's is 1.225. This would suggest that Lloyds Bank's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Historical closes compared with the last close of 45.495

1 week (2024-02-15)5.31%
1 month (2024-01-23)7.92%
3 months (2023-11-23)7.11%
6 months (2023-08-23)7.99%
1 year (2023-02-23)-11.93%
2 years (2022-02-20)-10.65%
3 years (2021-02-23)15.66%
5 years (2019-02-21)-24.18%

The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.

Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.

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All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Is Lloyds Bank under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the Lloyds Bank P/E ratio, PEG ratio and EBITDA

Lloyds Bank's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 5x. In other words, Lloyds Bank shares trade at around 5x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the United Kingdom stock market as of 09 November, 2023 (10). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

However, Lloyds Bank's P/E ratio is best considered in relation to those of others within the industry or those of similar companies.

Lloyds Bank's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.4941. A PEG ratio over 1 can be interpreted as meaning shares are overvalued at the current rate of growth, or may anticipate an acceleration in growth.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Lloyds Bank's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

However, it's sensible to consider Lloyds Bank's PEG ratio in relation to those of similar companies.

Frequently asked questions

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

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