. Lloyds (LSE: lloy) Action price So far it has increased by almost 40% in 2025, which makes it one of the outstanding performers FTSE 100.

After years of remaining behind, the largest British lending lending lending has reflected. But I think that long -term investors should review the noise and see what prospects are in front of us in 2025 and later.

Last finances

The price of the company’s shares was driven to 76 pence, because I write on June 17 by combining solid finances, reduced uncertainty and a relatively solid economic perspective.

Despite the notification of a 20% decrease in profit per year a year before taxing up to 5.97 billion GBP in February, investors seemed to find some positive advantages, including a 15% boost in the company’s dividend to 3.17 pens together with a program of redemption of shares worth 1.7 billion GBP.

Quickly forward to the results in the first quarter in May, and Lloyds underwent a net interest by 3.5% to 3.29 billion GBP from the previous year and increased the margin of net percentage with eight base points up to 3.03%.

The management repeated guidelines for 2025 and 2026, because there was an boost in both loans and progress for customers and customer deposits.

Less uncertainty and lower costs

The main cloud of uncertainty hanging over the company may also show signs of settlement at the beginning of 2025. Lloyds put down a huge decision of 1.15 billion GBP for historical practices of borrowing car financing, but this was left unchanged in the results of the first square.

The bank continues to focus on reducing costs and improving through its efforts “Platform 3.0” to digitize and improve margins.

Quotation

Lloyds shares still trade a modest price -profit ratio (P/E) of 12.5, just below the average lift around 13.5. The dividend performance is fit 4.1%, which gives income investors something to like.

The price ratio to the book (p/b) is about 1, which suggests that the bank is currently quite valued.

Rivals like Barclays ZP/B 0.6 can be more convincing. However, his rival generates a larger participation in his unstable investment banking branch and occupies his own transformation journey, which can explain to Lloyds a discount.

Can stocks go higher?

So recently he was very forceful at the price of Lloyds. But can he go on?

On the one hand, Lloyds could benefit if the British economy maintains and consumers pay off their debts.

The ongoing geopolitical uncertainty can also cause brakes in the Bank of England’s plans in the field of reduction of interest rates in 2025. It would probably lend a hand to maintain or boost net interest income.

However, it is definitely associated with risk. Further reduction of interest rates can boost margins under pressure, and increasing bad loans can mean trouble. In addition, the problem of car financing remains unsolved, which causes uncertainty.

My verdict

While everything looks promising for a bank, I like to think long -term and try to cut brief -term noise.

The last rally reflects the improvement of moods, forceful cash generation and a clear strategy. But banking remains a cyclical business, and share prices can be unstable.

I think that there is certainly a place higher in 2025. The price of Lloyds shares and it is worth considering. There are plenty of uncertainty on external factors, but brief -term perspectives look positive on me.