Having laid out that explanation, I'm happy to say that I'm holding onto my Lloyds shares, for now. Sure, there are risks to the investment case, but I believe these are built into the stock's low valuation at present. In my view, recent Q3 results looked solid, as underlying profit rose 5% and the bank reported no deterioration in credit risk. With Lloyds shares offering a prospective yield of 5.7% right now, I'm content to sit tight, and pocket the big dividends on offer.