Lloyds Banking (LYG) Interest Expenses (2009 - 2024)

Lloyds Banking (LYG) posted quarterly Interest Expenses of -$12.4 billion for Q4 2024, down 16.5% year-on-year from -$14.9 billion in Q1 2024, and down 16.5% on a QoQ basis from -$10.7 billion in Q4 2023.

Lloyds Banking (LYG) Interest Expenses (2009 - 2024) Analysis & Trends

Lloyds Banking (LYG) has reported Interest Expenses for 16 consecutive years, with -$12.4 billion the latest figure, recorded in Q4 2024.

  • Quarterly Interest Expenses fell 16.5% year-over-year to -$12.4 billion in Q4 2024, while the trailing twelve-month figure through Sep 2025 was -$12.4 billion (down 16.5% YoY) and the FY2025 annual result came in at $23.1 billion, down 4.95% from the prior year.
  • Interest Expenses declined to -$12.4 billion in Q4 2024 per LYG's latest filing, from -$10.7 billion in the prior quarter.
  • Over the last five years, Interest Expenses for LYG reached as high as -$3.9 billion in Q4 2022 and fell as low as -$12.4 billion in Q4 2024.
  • A 5-year average of -$7.4 billion and a median of -$5.2 billion in 2021 frame the typical range for Interest Expenses.
  • Annual changes were most pronounced in 2020 — Interest Expenses soared 45.32% — and 2023, when it slumped 172.92%.
  • Year by year, Interest Expenses stood at -$4.7 billion in 2020, then fell by 11.7% to -$5.2 billion in 2021, then grew by 25.53% to -$3.9 billion in 2022, then sank by 172.92% to -$10.7 billion in 2023, then fell by 16.5% to -$12.4 billion in 2024.
  • According to Business Quant data, Interest Expenses over the past three periods registered -$12.4 billion, -$10.7 billion, and -$3.9 billion for Q4 2024, Q4 2023, and Q4 2022 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 259,661.44
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - -2.73 Bn
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 -32,586.00
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn -
5 Mizuho Financial 385.64 Bn 389.59 Bn - 3.52 Bn
6 Lloyds Banking 358.14 Bn 358.14 Bn - -
7 First Capital 200.03 Bn 199.69 Bn - 19.98 Mn
8 Landmark Bancorp 187.97 Bn 187.94 Bn - 5.30 Mn
9 Pnc Financial Services 100.96 Bn 101.01 Bn - 2.53 Bn
10 Itau Unibanco Holding 90.02 Bn 47.32 Bn - -

Historic Data

Download Data
DateValue
Dec 31, 2024 -12.42 Bn
Dec 31, 2024 -12.42 Bn
Dec 31, 2023 -10.66 Bn
Dec 31, 2023 -10.66 Bn
Dec 31, 2022 -3.91 Bn
Dec 31, 2022 -3.91 Bn
Dec 31, 2021 -5.25 Bn
Dec 31, 2021 -5.25 Bn
Dec 31, 2020 -4.70 Bn
Dec 31, 2020 -4.70 Bn
Dec 31, 2019 -8.59 Bn
Dec 31, 2019 -8.59 Bn
Dec 31, 2018 -3.80 Bn
Dec 31, 2018 -3.80 Bn
Dec 31, 2017 -6.76 Bn
Dec 31, 2017 -6.76 Bn
Sep 30, 2017 -1.37 Bn
Sep 30, 2017 -1.37 Bn
Jun 30, 2017 -1.45 Bn
Jun 30, 2017 -1.45 Bn