$23.71
+5.83%Research · Sep 22, 2026
[BCS] Barclays: Q3 2026 earnings preview, UK net interest margin and investment bank costs
Barclays grew H1 2026 pretax profit 17% to £6.07 billion with a 14.8% RoTE; the Q3 report must show whether the Barclays UK margin recovers above 3.68% while costs stay behind income.
Research · Sep 3, 2026
[BCS] Barclays Thesis 2026: Transformation Strategy Delivers Earnings Growth and Buyback
Barclays FY25 (Dec 31, 2025). Net income $7.17B (+14% from $6.31B FY24); Diluted EPS $1.68 (+20%); OpInc $10.0B (+23%). Capital return $8.36B (div $2.21B + buyback $6.14B vs $5.03B FY24). Total debt $170.8B. Multi-year transformation Year 2 (Feb 2024 plan): cost reduction £2B by 2026, £10B capital return 2024-2026, IB Markets RWA reduction. Apple Card portfolio sold 2025.