Business

Barclays Reports Stellar Q2 Performance with a 14% Income Surge to £7.2 Billion

Barclays' Q2 Financial Highlights

Barclays plc announced a remarkable 14% increase in total income for the second quarter of 2025, reaching £7.2 billion compared to the same period in 2024.

Profit and Performance Metrics

The bank's profit before tax saw a significant 28% year-on-year rise to £2.5 billion. Attributable profit also climbed by 34% to £1.7 billion, with earnings per share at 11.7 pence. Notably, Barclays maintained a CET1 ratio of 14% and achieved a return on tangible equity of 12.3%.

Strategic Achievements and Future Outlook

"We are making steady progress towards our three-year plan objectives, aiming to deliver higher and more stable returns for our investors," stated CEO C. S. Venkatakrishnan. The bank has already realized over half of the planned UK risk-weighted assets growth, half of the target income growth, and two-thirds of the £2 billion gross cost efficiency savings.