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