Barclays PLC (BCS,BARC.L,BCY.DE) reported first quarter profit before tax of 2.8 billion pounds compared to 2.7 billion pounds, prior year. Basic earnings per ordinary share was 14.1 pence from 13.0 pence. Group RoTE was 13.5% compared to 14.0%.
First quarter total income increased to 8.16 billion pounds from 7.71 billion pounds, previous year. Group NII excluding IB and Head Office was 3.4 billion pounds, up 12% year-on-year.
For 2026, the Group targets: RoTE of greater than 12%; Group total income of approximately 31 billion pounds; and NII excluding IB and Head Office greater than 13.5 billion pounds.
The Group announced intention to initiate a share buyback of up to 500 million pounds following the completion of the ongoing 1 billion pounds share buyback.
At last close, shares of Barclays were trading at 426.15 pence, up 0.48%.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
For comments and feedback contact: editorial@rttnews.com
Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.