Company: BCS
Filing Date: 2025-02-13
Form Type: 20-F
Source: 0000312069-25-000114
Chunk: 26

Company: BARCLAYS PLC
Filing Date: 2025-02-13
Form: 20-F
Chunk 26
---
;3.0bn Total payout 13.6% CET1 ratio at least &pound;10.0bn3 Total payout 2024&#8211;2026 13&#8211;14% CET1 ratio Supporting actuals &pound;26.8bn Income Group NII &pound;12.9bn Group NII excl. Investment Bank and Head Office: &pound;11.2bn4 Supporting targets c.&pound;30bn Income 62% Cost: income High 50s% Cost: income&pound;6.6bn Barclays UK NII &pound;6.5bn4 Barclays UK NII 46bps5 Loan Loss Rate (LLR) 50&#8211;60bps LLR through the cycle Notes: Our targets and guidance are based on management's current expectations as to the macroeconomic environment and the business and are subject to change, 1 Inorganic activity refers to certain transactions announced as part of the FY23 Investor Update designed to improve Group RoTE beyond 2024. 2 Management does not assess forward-looking &#8220;return on equity&#8221; (target RoE) as a performance indicator of the business, and therefore reconciliation of the forward-looking non- IFRS measure &#8220;return on tangible equity&#8221; (target RoTE) to an equivalent IFRS measure is not available without unreasonable efforts. 3 This multi-year plan is subject to supervisory and Board approval, anticipated financial performance and our published CET1 ratio target range of 13-14% 4 Excludes &pound;0.1bn NII as a result of the acquisition of Tesco Bank on 1 November 2024 5 Inclusive of the &pound;0.2bn impact (c.4bps LLR impact) from the acquisition of Tesco Bank on 1 November 2024 Strategy Shareholder information Climate and sustainability report Governance Risk review Financial review Financial statements Barclays PLC 2024 Annual Report on Form 20-F 03 Our plan and targets Read more about our updated strategy at: home.barclays/strategy

A simplified structure promoting synergies In February 2024, we announced an updated business structure. Through our five divisions, we are organised and operate in a simpler way, delivering greater accountability and transparency to our shareholders, supporting synergies across the Group, and reflecting the way we serve our customers and clients. Barclays PLC Barclays UK Barclays UK