Company: BCS
Filing Date: 2025-07-29
Form Type: 6-K
Source: 0001654954-25-008608
Chunk: 8

Company: BARCLAYS PLC
Filing Date: 2025-07-29
Form: 6-K
Chunk 8
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 targets
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Returns : RoTE of greater than 12%

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Capital returns: plan to return at least £10bn of capital to shareholders between 2024 and 2026, through dividends and share buybacks, with a continued preference for buybacks

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Plan to keep total dividend stable at 2023 level in absolute terms, with progressive dividend per share growth driven through share count reduction as a result of increased share buybacks

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Dividends will continue to be paid semi-annually

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This multi-year plan is subject to supervisory and Board approval, anticipated financial performance and our published CET1 ratio target range of 13-14%

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Income: Group total income of c.£30bn

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Costs: Group cost: income ratio of high 50s in percentage terms, implying Group total operating expenses of c.£17bn, based on targeted Group total income of c.£30bn. Cost target includes total gross efficiency savings of c.£2bn by 2026

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Impairment : expect an LLR of 50-60bps through the cycle

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Capital : CET1 ratio target range of 13-14%

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Targeting IB RWAs of c.50% of Group RWAs in 2026

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Impact of regulatory change on RWAs in line with our prior guidance of c.£19-26bn

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c.£3-10bn RWAs from Basel 3.1,with implementation expected from 1 January 2027

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c.£16bn RWAs from USCB moving to an Internal Ratings Based (IRB) model, subject to model build and portfolio changes, implementation could be beyond 2026

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0.1% increase in Pillar 2A from Q125 until model implementation

| 1 | H124 included a £220m loss on sale of the performing Italian      
 retail mortgage portfolio and a £20m loss on disposal from the    
 German consumer finance business.                                 |
| 2 | Our targets and guidance are based on management's current        
 expectations as to the macroeconomic environment and the business 
 and may be subject to change.                                     |

| Barclays Group results                          | Half year ended |          |          |     | Three months ended |          |          |
|:------------------------------------------------|----------------:|---------:|---------:|:----|-------------------:|---------:|---------:|
|                                                 |        30.06.25 |