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Lloyds Banking Group (Lloyds Banking Group) Interest Expense

: $-26,566 Mil (TTM As of Dec. 2023)
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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lloyds Banking Group's interest expense for the three months ended in Dec. 2023 was $ -18,675 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-26,566 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Lloyds Banking Group's Operating Income for the three months ended in Dec. 2023 was $ Mil. Lloyds Banking Group's Interest Expense for the three months ended in Dec. 2023 was $ Mil. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Lloyds Banking Group Interest Expense Historical Data

The historical data trend for Lloyds Banking Group's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lloyds Banking Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -8,756.23 -4,780.91 -3,172.87 -5,752.74 -18,674.68

Lloyds Banking Group Quarterly Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5,752.74 - -7,891.41 - -18,674.68

Lloyds Banking Group Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-26,566 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Lloyds Banking Group (Lloyds Banking Group) Business Description

Address
25 Gresham Street, London, GBR, EC2V 7HN
Lloyds is a retail and commercial bank headquartered in the United Kingdom. The bank operates via three business segments: retail, commercial banking, and insurance and wealth. In retail, Lloyds offers primarily mortgages (66% of loan portfolio), credit cards, and current accounts to its customers. Its commercial banking operation provides lending, transaction banking, working capital management, and debt capital market services to large corporates and financial institutions in the U.K. Insurance and wealth rounds out the product lineup with life and property insurance as well as pension solutions and high-net-worth asset-management services.

Lloyds Banking Group (Lloyds Banking Group) Headlines

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