🔴 Lloyds Bank is trading 4.3% down today after investors were disappointed by no target upgrade

Lloyds Bank is trading at £99.39, down 4.34%, after investors were disappointed by the lack of upgraded performance targets.

• Reuters reported third-quarter pretax profit was in line with forecasts.
• The bank cited tighter deposit-market competition squeezing margins; the results followed the announcement of a temporary increase in the bank surcharge.
• The supplied price context shows a decline from the October 28 close of £103.90; no trading-volume figures were available.