Lol no it wasn ' t . It ' s price has been below the rate needed to make a profit break even before Brexit or anything related . I posted about this above . Lloy share price has been falling since May 15 th 2015 where it hit 89 p per share . It ' s share price was 73 . 07 at 31 st December which is below where it would need to be sold to earn a profit . It hasn ' t hit even close to 80 p since then . RBS is a basket case and hasn ' t even been close to it ' s bail out price and probably won ' t since it ' s a completely different business now . More importantly without rising interest rates the profitability of these firms remain challenging . 35429472 In Jan , where it was already way below the price needed to actually break even .