Company: BCS
Filing Date: 2025-04-30
Form Type: 6-K
Source: 0001654954-25-004815
Chunk: 5

Company: BARCLAYS PLC
Filing Date: 2025-04-30
Form: 6-K
Chunk 5
---
 3.1%) and 1.6% 1 (Q124: 1.7%) respectively

-

UK cards 30 and 90 day arrears were 0.7% 2 (Q124: 0.9%) and 0.2% 2 (Q124: 0.2%) respectively

●

Strong balance sheet with CET1 ratio of 13.9%, at upper end of target range of 13-14%

●

Tangible net asset value (TNAV) per share of 372p (December 2024: 357p)

●

Completed sale of German consumer finance business, resulting in a c.10bps CET1 ratio increase in Q125

●

Announced long-term strategic partnership for Payment Acceptance business

**Key financial metrics:**

|      | Income | Profit before tax | Attributable profit | Cost: income ratio | LLR   | RoTE  | EPS   | TNAV per share | CET1 ratio |
| Q125 | £7.7bn | £2.7bn            | £1.9bn              | 57%                | 61bps | 14.0% | 13.0p | 372p           | 13.9%      |

**Q125 Performance highlights:**

#### ●

**Group RoTE was 14.0% (Q124: 12.3%) with profit before tax of £2.7bn (Q124: £2.3bn)**

●

Group income of £7.7bn was up 11% year-on-year, with Group NII excluding Barclays Investment Bank and Head Office of £3.0bn, up 13% year-on-year

-

Barclays UK income increased 14%, driven by higher structural hedge income and the acquisition of Tesco Bank

-

Barclays UK Corporate Bank (UKCB) income increased 12%, reflecting higher average deposit balances

-

Barclays Private Bank and Wealth Management (PBWM) income increased 12 %, reflecting higher client balances and transactional activity

-

Barclays Investment Bank (IB) income increased 16 %, including a 21% increase in FICC in Global Markets and higher Investment Banking income

-

Barclays US Consumer Bank (USCB) income increased 1% reflecting card balance growth

#### ●

**Group total operating expenses were £4.4bn, up 5% year-on-year