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

Lloyds Banking (LYG) reported Operating Expenses of -$3.9 billion for Q1 2026, down 6.93% year-over-year from -$4.2 billion in Q1 2025, and down 113.88% quarter-over-quarter 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.

  • Operating Expenses for Q1 2026 came in at -$3.9 billion, down 6.93% year-over-year; the trailing twelve-month figure through Mar 2026 was $15.8 billion (up 162.06% YoY), and the FY2025 annual result was $15.8 billion, up 5.96% from the prior year.
  • Operating Expenses fell to -$3.9 billion in Q1 2026 per LYG's latest filing, from $27.8 billion in the prior quarter.
  • Over five years, Operating Expenses peaked at $27.8 billion in Q4 2025 and troughed at -$13.4 billion in Q4 2023.
  • A 5-year average of -$3.1 billion and a median of -$3.5 billion in 2024 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2023 and 2025: Operating Expenses plunged 1032.48% in 2023, then soared 452.6% in 2025.
  • A 5-year view of Operating Expenses shows it stood at -$5.7 billion in 2022, then slumped by 137.65% to -$13.4 billion in 2023, then jumped by 41.25% to -$7.9 billion in 2024, then surged by 452.6% to $27.8 billion in 2025, then plunged by 113.88% to -$3.9 billion in 2026.
  • Business Quant data shows LYG's Operating Expenses at -$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 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - -287,925.00
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -3.86 Bn
4 First Capital 215.78 Bn 215.63 Bn - 7.75 Mn
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 11.90 Mn
7 NatWest 168.65 Bn -51.67 Bn - -2.75 Bn
8 Shinhan Financial 136.54 Bn 104.11 Bn - -1.06 Bn
9 Mizuho Financial 112.02 Bn 112.56 Bn - 137.67 Mn
10 Pnc Financial Services 96.18 Bn 96.23 Bn - 3.77 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 -7.89 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 -9.45 Bn
Jun 30, 2023 -3.09 Bn
Mar 31, 2023 -2.80 Bn
Dec 31, 2022 -5.65 Bn
Sep 30, 2022 -3.08 Bn
Jun 30, 2022 331.20 Mn
Mar 31, 2022 -3.13 Bn
Dec 31, 2021 -14.56 Bn
Sep 30, 2021 -9.92 Bn
Jun 30, 2021 -3.59 Bn