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| Date | Value |
|---|---|
| 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 |