LSE:BARC

Barclays reported solid first-quarter 2026 results, achieving a return on tangible equity (RoTE) of 13.5% and earnings per share of 14.1p.

Total income increased 6% year-on-year, supported by strong performance across divisions, including a record quarterly income of over £4 billion in the investment bank. The cost-to-income ratio improved to 56%, reflecting ongoing efficiency gains.

Barclays maintained a strong capital position with a CET1 ratio of 14.1% and announced a £500 million share buyback. Net interest income remained on track to meet full-year guidance, while UK lending grew 5% year-on-year.

Despite a one-off impairment charge impacting loan loss rates, the bank reiterated its targets of delivering over 12% RoTE in 2026 and over 14% in 2028.

Source: Barclays
Barclays PLC has launched a new share buy-back programme of up to £1.0 billion, starting 11 February 2026 and running no later than 10 August 2026, subject to regulatory approval.

The buy-back aims to reduce share capital, with all repurchased ordinary shares to be cancelled. J.P. Morgan Securities plc will execute on-market purchases on the London Stock Exchange independently under pre-set parameters.

The maximum number of shares eligible for repurchase is 1,067,372,569, reflecting remaining authority after completion of prior £1.0 billion and £500 million buy-back programmes. No purchases will be made in the United States or in respect of ADRs.
Barclays PLC said it remains sufficiently capitalised throughout the Bank of England’s 2025 stress test, noting that its balance sheet continues to demonstrate resilience. The bank’s capital target range of 13–14 percent remains unchanged.

According to the stress test results, Barclays’ minimum stressed Common Equity Tier 1 (CET1) ratio after management actions was 9.3 percent, well above the 7.2 percent minimum requirement. The group’s CET1 ratio stood at 14.1 percent in Q3 2025.

The results also showed a Tier 1 leverage ratio low point of 4.2 percent, compared with the 3.25 percent minimum requirement. Barclays said the findings reaffirm the strength of its capital position.
Barclays and FICO Win 2025 Credit Award for Excellence in Fraud Prevention

Barclays Bank and FICO have received the Credit Award for Excellence in Fraud Prevention for their use of the Scam Signal solution. Developed in partnership with Jersey Telecom, Scam Signal enables real-time detection of social engineering scams using live telephony data.

Barclays reported that the solution, deployed through FICO’s Customer Communication Services, identified nine scam victims on its first day and is expected to reduce card fraud by 6%. The system works by detecting scam indicators and delivering timely, personalized messages to customers, helping to prevent Authorised Push Payment fraud, which cost the UK £450 million last year.
The collaboration highlights the growing use of AI and real-time data to combat increasingly sophisticated financial fraud schemes. Barclays emphasized the positive impact on customer safety and education, particularly among vulnerable populations.

FICO noted this award affirms the importance of innovation and technology in fighting fraud. Scam Signal has previously won industry recognition, including Best Anti-Fraud Solution at the 2024 Credit & Collections Technology Awards.
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04-16-26European Investor