Company: BCS
Filing Date: 2025-07-29
Form Type: 6-K
Source: 0001654954-25-008608
Chunk: 7

Company: BARCLAYS PLC
Filing Date: 2025-07-29
Form: 6-K
Chunk 7
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 Corporate Bank, excludes the    
 effects of securitisations, model updates and other methodological 
 changes. Also excludes additional Operational Risk RWAs related to 
 organic growth.                                                    |
| 2 | Q224 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.                                  |

**H125 Performance highlights:**

#### ●

**Group RoTE was 13.2% (H124: 11.1%) with profit before tax of £5.2bn (H124: £4.2bn)**

●

Group income of £14.9bn was up 12% year-on-year 1 with Group NII excluding Barclays Investment Bank and Head Office of £6.1bn, up 13% year-on-year

●

**Group total operating expenses were £8.6bn, up 5% year-on-year**

-

Group operating costs increased 5% to £8.4bn, reflecting Tesco Bank costs, further investment spend and business growth, inflation and the c.£50m expense for the employee share grant announced at FY24 Results, partially offset by c.£350m of cost efficiency savings

●

Credit impairment charges were £1.1bn (H124: £0.9bn) with an LLR of 52bps (H124: 45bps) including the impact of Tesco Bank

●

**CET1 ratio of 14.0% (December 2024: 13.6%), with RWAs of £353.0bn (December 2024: £358.1bn) and TNAV per share of 384p (December 2024: 357p)

Group financial guidance and targets 2 :**

#### 2025 guidance
●

Returns: RoTE of c.11%

●

Capital returns: progressive increase in total capital returns versus 2024

●

Income: Group NII excluding IB and Head Office of greater than £12.5bn, of which Barclays UK NII of greater than £7.6bn

●

Costs : Group cost: income ratio of c.61%. This includes total gross efficiency savings of c.£500m in 2025

●

Impairment: LLR of 50-60bps through the cycle

●

Capital: CET1 ratio target range of 13-14%

#### 2026