- Barclays’ Investment Bank revenue for Q3 reached GBP3.08 billion, surpassing the estimate of GBP3.05 billion.
- Fixed Income, Currencies and Commodities (FICC) revenue was GBP1.26 billion, higher than the expected GBP1.22 billion.
- Equities revenue fell short at GBP689 million versus an estimate of GBP766.2 million.
- Investment banking fees were GBP646 million, exceeding expectations of GBP609.3 million.
- Corporate lending income was GBP68 million, above the forecasted GBP55.8 million.
- Transaction banking income totaled GBP424 million, surpassing the estimate of GBP417.3 million.
- Total income for Barclays stood at GBP7.17 billion, compared to an estimate of GBP7.01 billion.
- Barclays UK revenue hit GBP2.25 billion, slightly above the expected GBP2.21 billion.
- UK Business Banking revenue was GBP545 million, ahead of dual estimates of GBP538.3 million.
- UK Corporate Bank revenue was GBP522 million, also above the estimate of GBP509.3 million.
- Private Bank and Wealth Management revenue came in lower at GBP335 million against an estimate of GBP350.8 million.
- US Consumer Bank revenue stood out at GBP941 million, far exceeding the estimate of GBP835.9 million.
- Net interest income was GBP3.75 billion, surpassing the forecast of GBP3.55 billion.
- Pretax profit was reported at GBP2.08 billion, slightly over the expected GBP2.05 billion.
- Attributable profit reached GBP1.46 billion, outdoing the estimate of GBP1.32 billion.
- Return on tangible equity was +10.6%, compared to an estimate of +9.83%.
- The Cost to Income Ratio was 63%, higher than the estimated 59.9%.
- Common equity Tier 1 ratio was reported at 14.1%, marginally above the estimate of 14%.
- Total deposits were GBP575.3 billion, surpassing the expected GBP565.71 billion.
- Risk-weighted assets were GBP357.4 billion, in line with an estimate of GBP356.11 billion.
- Total operating expenses amounted to GBP4.50 billion, higher than the forecasted GBP4.22 billion.
- Provision for loan losses was GBP632.0 million, which was below the estimate of GBP706.3 million.
Barclays PLC on Smartkarma
Analysts at Smartkarma, an independent investment research network, have provided coverage on Barclays PLC. The report titled “Primer: Barclays PLC (BARC LN) – Sep 2025″ by αSK highlights Barclays’ diversified business model. The company operates a UK-centric retail and commercial bank (Barclays UK) alongside a transatlantic investment bank (Barclays International), ensuring a balanced revenue stream. However, the investment bank can bring about earnings volatility. The report mentions Barclays’ strategic plan announced in February 2024, aiming to simplify operations, reduce costs by £2 billion, and return at least £10 billion to shareholders by 2026, with a target Return on Tangible Equity (RoTE) exceeding 12%. Despite showing strong growth and resilience, Barclays faces challenges from a tough macroeconomic environment, fierce competition, and the continuous need to enhance returns in its capital-intensive investment banking division.
A look at Barclays PLC Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 5 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Barclays PLC, a global financial services provider offering a range of services including retail banking, credit cards, investment banking, and wealth management, is demonstrating strong long-term potential according to Smartkarma Smart Scores. With a high score in Growth and Resilience, Barclays is positioned well for future expansion and also shows stability in volatile market conditions. This indicates that the company is likely to see sustained growth and weather economic uncertainties effectively.
The company’s solid performance in Value and Momentum further bolster its outlook, suggesting that Barclays PLC is undervalued relative to its fundamentals and has positive price momentum. While the Dividend score is slightly lower, the overall Smart Scores paint a positive picture for Barclays’ future prospects, highlighting its strength across various key factors essential for long-term success in the financial services industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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