Lloyds Banking Group annual operating expenses
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Lloyds Banking Group Operating Expenses Growth & History (LLOY)
Lloyds Banking Group's operating expenses was £11.97B for fiscal 2025.
View full Lloyds Banking Group company overviewLloyds Banking Group annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | £11.97B | £365.0M | +3.15% |
| 2024 | 2024-12-31 | £11.60B | £778.0M | +7.19% |
| 2023 | 2023-12-31 | £10.82B | £1.59B | +17.17% |
| 2022 | 2022-12-31 | £9.24B | −£1.56B | −14.47% |
| 2021 | 2021-12-31 | £10.80B | £1.05B | +10.83% |
| 2020 | 2020-12-31 | £9.74B | −£2.92B | −23.09% |
| 2019 | 2019-12-31 | £12.67B | £941.0M | +8.02% |
| 2018 | 2018-12-31 | £11.73B | −£617.0M | −5.00% |
| 2017 | 2017-12-31 | £12.35B | −£281.0M | −2.23% |
| 2016 | 2016-12-31 | £12.63B | −£2.76B | −17.94% |
| 2015 | 2015-12-31 | £15.39B | — | — |
Lloyds Banking Group quarterly operating expenses
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | £3.00B | £421.0M | +16.29% |
| Q1 2026 | 2026-03-31 | £2.85B | — | — |
| Q4 2025 | 2025-12-31 | £3.24B | — | — |
| Q3 2025 | 2025-09-30 | £3.49B | — | — |
| Q2 2025 | 2025-06-30 | £2.58B | — | — |
Lloyds Banking Group operating expenses trends
Over the last five fiscal years, Lloyds Banking Group's operating expenses increased from £9.74B to £11.97B, a change of £2.22B. The latest reported quarter, Q2 2026, shows £3.00B.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Lloyds Banking Group source filings ↗