Lloyd's Banking Looks To Close Slightly Higher Following Q3 Earnings

• Lloyd's Banking Group LYG reported Q3 profit declined to $238.8 million, or about $0.013 per share.
• Revenues rose about 1 percent year-over-year to $5.23 billion.
• Company reports having to set aside $1.22 billion to compensate customers who didn't need insurance products they were sold, which substantially affected profits.
• The bank left its dividend unchanged; its yield stands at 3.23 percent.
• The U.K.'s biggest bank, Lloyd's said the Brexit vote in June had thus far not meaningfully affected the British economy. Lloyd's CEO said it's "too early to assess any longer-term trends."

Lloyd's was up 0.73 percent at $2.75 about an hour before Wednesday's close.