From the turn of 2025Lloyds (LSE: lloy) There were tears. We are not yet in the middle of the year, but the price of Lloyds increased by 40%.

Can there be more price benefits – and it can now be the right time to add some lloyds shares to my ISA?

Banks were doing better than they were afraid

Lloyds noted an enhance in stock price – but this is not the only bank in this position.

Nestwest So far it has increased by 27%, Barclays increased by 27%and HSBC by 12%.

I think that many of them depend on the growing sense of relief on the market since the beginning of the year. There was a significant economic uncertainty, but in general, the global economy seems to be better than expected.

This and the perspective of potential interest rate reductions meant that the risk of non -performance of a loan seemed lower than maybe it was a place at the beginning of 2025.

Despite this, Lloyds has so far surpassed his peers when it comes to increasing share prices. However, it just catch up to some extent. Lloyds over a year increased by 37%, but Natwest increased by 63%, while Barclays increased by 61%and HSBC 28%.

Weaker relative results of HSBC may reflect investors’ concerns about its enormous exposure to Asian markets among the ongoing commercial disputes. Not because I would be dissatisfied as an investor with a 28% annual profit if I had participation!

But why did Lloyds deal with worse than key rivals in Great Britain over the past year, although better recently? One of the explanations may be that the city is worried about its exposure to claims regarding the incorrect sales of car financing.

In the last quarter of last year, the company put down another 700 million pounds for the settlement of potential costs associated with this. It remains unclear as to what long -term costs can end in significance for profits.

I don’t want to buy

Still, he achieved participation well. The price of Lloyds shares is currently 147% higher than five years ago.

The company has a lot to like. It is a leading British mortgage lender, with forceful brands and a enormous customer base. It is massive profitable, reporting 1.1 billion GBP profit after taxation only in the first quarter.

However, it was 7% lower than in the same quarter of last year. A series of risks concerns me, and the potential of more regulations regarding the wrong sales of car financing is only one of them. I am still not clear that the global economy is outside the forest – or anything similar.

The Economy of Great Britain is the basis of Lloyds’s results, and my main problem is that if it weakens, loan failure rates can enhance and harm the profits at the bank.

If this does not happen, the price of the action can even enhance from here. The current price -profit ratio of 12 does not look excessive to me.

But uncertain economic perspectives are a risk that allows me to buy banking campaigns, including Lloyds.