Lloyds Banking (LYG) Operating Expenses (2009 - 2026)

Lloyds Banking's (LYG) quarterly Operating Expenses came in at -$3.9 billion in Q1 2026, down 6.93% year-on-year from -$4.2 billion in Q1 2025, and down 113.88% on a QoQ basis from $27.8 billion in Q4 2025.

Lloyds Banking (LYG) Operating Expenses (2009 - 2026) Analysis & Trends

Lloyds Banking (LYG) has 18 years of Operating Expenses data on file, last reported at -$3.9 billion in Q1 2026.

  • On a quarterly basis, Operating Expenses fell 6.93% year-over-year to -$3.9 billion in Q1 2026; TTM through Mar 2026 was $15.8 billion, a 148.55% increase from a year earlier, with the FY2025 full-year figure at $15.8 billion, up 6.39% from the prior year.
  • Operating Expenses for Q1 2026 stood at -$3.9 billion, down from $27.8 billion in the prior quarter.
  • Over the last five years, Operating Expenses for LYG reached as high as $27.8 billion in Q4 2025 and fell as low as -$15.0 billion in Q4 2024.
  • Historically, Operating Expenses has averaged -$4.1 billion across 5 years, with a median of -$3.5 billion in 2024.
  • Across the five-year window, Operating Expenses slumped 201.31% in 2023 and soared 285.81% in 2025, its largest moves.
  • Year by year, Operating Expenses stood at -$11.4 billion in 2022, then retreated by 17.35% to -$13.4 billion in 2023, then retreated by 11.49% to -$15.0 billion in 2024, then surged by 285.81% to $27.8 billion in 2025, then sank by 113.88% to -$3.9 billion in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were -$3.9 billion in Q1 2026, $27.8 billion in Q4 2025, and -$4.7 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 KB Financial 42,090.38 Bn 42,090.38 Bn -786,828.77 -20.00 Mn
2 Shinhan Financial 33,919.15 Bn 33,919.15 Bn - -1.06 Bn
3 Bank Of Chile 4,123.52 Bn 4,123.52 Bn 167,623.00 -287,925.00
4 Lloyds Banking 360.83 Bn 360.83 Bn - -3.86 Bn
5 First Capital 204.17 Bn 203.82 Bn - 7.75 Mn
6 Landmark Bancorp 187.97 Bn 187.94 Bn - 11.90 Mn
7 NatWest 144.82 Bn -51.17 Bn - -2.75 Bn
8 Pnc Financial Services 101.80 Bn 101.80 Bn - 3.77 Bn
9 Us Bancorp 99.51 Bn 99.51 Bn - 4.27 Bn
10 Itau Unibanco Holding 89.22 Bn 46.51 Bn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 -3.86 Bn
Dec 31, 2025 27.83 Bn
Sep 30, 2025 -4.74 Bn
Jun 30, 2025 -3.43 Bn
Mar 31, 2025 -3.61 Bn
Dec 31, 2024 -14.98 Bn
Sep 30, 2024 -10.47 Bn
Jun 30, 2024 -3.47 Bn
Mar 31, 2024 -3.43 Bn
Dec 31, 2023 -13.43 Bn
Sep 30, 2023 -9.29 Bn
Jun 30, 2023 -3.09 Bn
Mar 31, 2023 -2.80 Bn
Dec 31, 2022 -11.45 Bn
Sep 30, 2022 -3.08 Bn
Jun 30, 2022 -2.63 Bn
Mar 31, 2022 -3.13 Bn
Dec 31, 2021 -14.56 Bn
Sep 30, 2021 -2.58 Bn
Jun 30, 2021 -3.99 Bn