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10 Stocks Under $10 With Upside

4. Lloyds Banking Group (LYG - Get Report) is a U.K.-based financial services company operating in the retail, wholesale, international banking and insurance segments.

Pre-tax profit of 2010 beat analysts' estimates at $3.6 billion, compared with a $10.3 billion loss in 2009. Total income grew 3% to $38.9 billion, boosted by core business income, which grew 7% for the year.

Though higher funding costs piled pressure, prudent lending improved net interest margin to 2.1% from 1.77% in 2009. The 45% reduction in impairment charge to $21.5 billion improved overall profitability. Lower operating expenses improved the cost-to-income ratio to 46.2%, compared with 50.7% in 2009.

At the end of 2010, Tier 1 ratio was 11.6% and capital ratio was 15.2%. On average, analysts expect the stock to gain 71% over the next one year.

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SYM TRADE IT LAST %CHG
BONA $10.19 -1.55%
C $52.80 -0.19%
GENT $55.26 -0.88%
ICA $3.69 -0.27%
LYG $4.80 -1.64%

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