Barclays Plc (BCS)
NYSE:BCS
Want to see BCS full AI Analyst Report?
Earnings Data
Report Date
Jul 28, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.8Last Year’s EPS
0.62Same Quarter Last Year
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a broadly positive operational and financial picture: strong top-line growth, improving returns (group RoTE 13.5%), rising NII momentum, disciplined capital (CET1 14.1%) and continued delivery of efficiency savings. Material one-off charges (GBP 228m fraud-related write-down, GBP 105m motor finance provision) and elevated Q1 impairments (loan loss rate 74bps) are near-term headwinds but management framed these as identifiable or legacy issues, reinforced by prudent provisioning and constrained targeted exposures. Given the scale and recurrence of strategic improvements, diversified revenue strength across divisions, and manageable capital and liquidity positions — balanced against the notable but largely non-recurring charges and some structural industry-level capital concerns — the overall tone is constructive.Company Guidance
Strong overall profitability and returns
Group RoTE of 13.5% in Q1 2026 with profits before impairment up 8% year-on-year and profit before tax up 3%. Earnings per share increased 8% to 14.1p supported by share count reduction.
Top-line growth and diversified income
Group income grew 6% year-on-year to GBP 8.2 billion with investment banking income up 4% and stable income streams growing 7%. Income in the Investment Bank surpassed GBP 4 billion for the first time.
Net interest income momentum and guidance
Group NII (ex-IB and head office) increased for the eighth consecutive quarter, up 12% year-on-year. Management reaffirmed FY 2026 group NII guidance of more than GBP 13.5 billion (Barclays U.K. target GBP 8.1–8.3bn).
Improved cost efficiency
Cost-to-income ratio improved to 56% from 57% a year earlier. The bank delivered circa GBP 150 million of gross efficiency savings in Q1 toward a GBP 2 billion target over three years.
Capital strength and shareholder returns
CET1 ratio of 14.1% with organic capital generation of 53 basis points. Management reiterated plan to return at least GBP 15 billion to shareholders by 2028 and announced a GBP 500 million buyback in Q1.
Investment Bank and markets momentum
Investment Bank RoTE of 15%; markets income up 13% year-on-year (equities +23%, FICC +8%). Financing income grew 31% and investment banking fees increased 25% (advisory fees +89%).
U.K. and U.S. retail/corporate progress
Barclays U.K. RoTE 19.7%; NII GBP 2.0 billion (up 9% YoY). U.K. lending grew 5% YoY and mortgage lending increased GBP 1.7 billion. U.S. Consumer Bank receivables up 9% YoY, retail deposits up 8% quarter-on-quarter and 52% since end-2023; U.S. Consumer ROCE improved to 18.8%.
Balance sheet liquidity and hedging
Strong liquidity metrics: LDR ~75%, NSFR 135%, LCR 165%. Locked in GBP 18.3 billion of gross structural hedge income for 2026–2028 (up from GBP 16.8bn at end-2025) with 95% of 2026 hedge income already locked in; hedge notional increased by GBP 6 billion versus Q4.
BCS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BCS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 28, 2026 | $23.09 | $23.00 | -0.39% |
Feb 10, 2026 | $26.40 | $25.86 | -2.06% |
Oct 22, 2025 | $19.27 | $20.11 | +4.41% |
Jul 29, 2025 | $19.03 | $19.66 | +3.30% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Barclays Plc (BCS) report earnings?
Barclays Plc (BCS) is schdueled to report earning on Jul 28, 2026, Before Open (Confirmed).
What is Barclays Plc (BCS) earnings time?
Barclays Plc (BCS) earnings time is at Jul 28, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BCS EPS forecast?
BCS EPS forecast for the fiscal quarter 2026 (Q2) is 0.8.