🏦 Overview
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Founded: 1690
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Headquarters: London, United Kingdom
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CEO: C.S. Venkatakrishnan (since 2021)
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Stock Tickers: BARC (London Stock Exchange), BCS (New York Stock Exchange)
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Website: barclays.com
Barclays is one of the world’s oldest and most influential financial institutions. It operates as a multinational universal bank with divisions in investment banking, retail banking, credit cards, and wealth management.
📊 Financial Performance (2024)
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Pre-tax profit: £8.1 billion (up 24% from 2023)
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Net income: £5.32 billion
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Total income: £26.8 billion (up 6%)
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Return on Tangible Equity (RoTE): 10.5%
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CET1 Capital Ratio: 13.6%
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Cost-to-Income Ratio: 62%
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Shareholder Returns: £3 billion (including £1 billion share buybacks)
📈 2025 Outlook
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Expected RoTE: ~11%
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Net Interest Income (NII): £12.2+ billion (Barclays UK contributes ~£7.4B)
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Cost-to-Income Ratio: ~61%
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CET1 Capital Target: 13–14%
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Total planned shareholder distributions (2024–2026): ≥ £10 billion
📰 Recent Highlights
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Strong Q1 2025 Performance:
Pre-tax profit reached £2.72 billion, a 19% year-on-year increase. Total income was £7.71 billion, exceeding analyst expectations. -
Raised NII Forecast:
Barclays raised its full-year 2025 net interest income guidance to over £12.5 billion. -
Ongoing Strategic Plan:
Focus on reducing operating costs by £2 billion and improving capital efficiency by 2026. -
Investment Banking Restructuring:
While some competitors scale back, Barclays aims to expand its presence in US and European investment banking markets.
💼 Business Divisions
1. Investment Banking
A strong 2024 performance, particularly in US capital markets, generating £4.3 billion in income and an RoTE of 8.5%.
2. Barclays UK (Retail & Business Banking)
Posted a 46% increase in Q4 2024 income, reaching £2.62 billion. Retail operations remain a stable growth engine.
📉 Stock Performance
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As of May 16, 2025, Barclays' NYSE-listed shares (BCS) trade at $17.34, with steady investor confidence supported by solid financial results.