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Barclays Plc (BCS)
NYSE:BCS
US Market

Barclays (BCS) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Apr 28, 2026
Before Open (Confirmed)
Period Ending
2026 (Q1)
Consensus EPS Forecast
0.81
Last Year’s EPS
0.7
Same Quarter Last Year
Based on 0 Analysts Ratings

Earnings Call Summary

Q4 2025
Earnings Call Date:Feb 10, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call presents a broadly positive outlook: Barclays met or beat its 2025 targets, upgraded 2026 income guidance, improved profitability and efficiency metrics, strengthened capital and liquidity positions, and laid out an ambitious but disciplined 2026–28 plan focused on targeted investment (technology/AI), growth in higher-return U.K. businesses, and sustained shareholder distributions. Material near-term headwinds remain — notably a higher 2025 cost base (including one-offs and Tesco integration), elevated impairment expectations in the U.S. Consumer Bank in 2026 (post-acquisitions), mortgage book product-margin pressure in H1 2026, and regulatory RWA/capital timing uncertainty — but management framed these as known, manageable, and largely temporary, with clear mitigation and a path to improving cost/income and RoTE by 2028.
Company Guidance
Management guided that after delivering FY25 results (RoTE 11.3%; income up 9% to £29.1bn; NII £12.8bn, +13% y/y; PBT £9.1bn; EPS 43.8p; cost base £17.7bn; cost/income 61%; impairment £2.3bn, loan‑loss rate 52bps; TNAV 409p) Barclays expects c.£31bn group income in 2026 (up from c.£30bn previously) and group NII of at least c.£13.5bn, with structural hedge income locked at c.£6.4bn in 2026 and c.£17bn over three years (average reinvestment rate ~3.5%; maturing‑hedge yields c.1.5%/2.1%/2.7% in ’26/’27/’28); targets include RoTE >12% in 2026 and >14% in 2028, a group cost/income falling from the mid‑60s/61% area in 2025 to high‑50s in 2026 and low‑50s by 2028 underpinned by c.£2bn gross efficiencies to 2028 (£700m delivered in 2025; £1.7bn cumulative), planned >£15bn of shareholder distributions (including £3.7bn for 2025: £1.2bn dividend, £2.5bn buybacks), CET1 run at top of 13–14% range (14.3% end‑Q4), RWA inflation of £19–26bn expected (including ~£16bn IRB migration in US Consumer Bank), and divisional targets such as Barclays UK NII £7.7bn in 2025 rising to £8.1–8.3bn in 2026 (c.£550m hedge benefit) and RoTEs: IB ~12% in 2026 (>13% by 2028), US Consumer Bank mid‑teens over time (USCB through‑the‑cycle LLP ~500bps, c.550bps in 2026), and continued deployment of £20bn of the £30bn targeted UK RWA growth (including £7bn in 2025) with sustained lending momentum.
All 2025 Targets Achieved; Upgraded 2026 Income Guidance
Barclays achieved all financial targets for FY2025 and upgraded 2026 income guidance to circa GBP 31.0 billion (from circa GBP 30.0 billion); top-line grew 9% y/y to GBP 29.1bn.
Improved Profitability Metrics
Return on tangible equity increased to 11.3% (from 10.5% a year earlier). Profit before tax increased 13% y/y to GBP 9.1bn and EPS rose 22% y/y to 43.8p.
Strong Net Interest Income and Structural Hedge Performance
Group NII rose 13% y/y to GBP 12.8bn; structural hedge income increased by GBP 1.2bn to GBP 5.9bn and contributed c.46% of group NII (ex-IB & head office). Hedge duration extended to ~3.5 years, underpinning predictable NII.
Cost Efficiency Progress
Delivered GBP 700m of gross efficiency savings in 2025 (vs GBP 500m target), with GBP 1.7bn cumulative toward a GBP 2.0bn target by 2026; group cost/income ratio improved to 61%.
Improved Division-Level Returns
All divisions generated double-digit RoTE in 2025: Investment Bank RoTE rose 2.1ppt to 10.6%, U.S. Consumer Bank RoTE rose 1.9ppt to 11% (FY) and Barclays U.K. RoTE 20.7% for the year (Q4 RoTE 23.8%).
Capital Strength and Shareholder Distributions
Ended year at top of CET1 13%-14% range (CET1 14.3% at quarter end); announced GBP 3.7bn of 2025 shareholder distributions (GBP 1.2bn dividends, GBP 2.5bn buybacks including a GBP 1bn tranche) and signalled >GBP 15bn of distributions across 2026–28.
Retail & Corporate Growth Momentum in the U.K.
Delivered GBP 20bn of the GBP 30bn RWA growth target (including GBP 7bn in 2025); 6 consecutive quarters of mortgage growth and 5 consecutive quarters of organic loan growth in the U.K. Corporate Bank; U.K. Corporate Bank lending +18% y/y and market share +100bps to 9.6%.
Strong Markets and Financing Performance
Market segments grew: financing income +20% y/y, FICC +14%, equities +21%; intermediation revenues +13% y/y; prime balances up ~30% y/y and Markets income grew year-on-year for 7 consecutive quarters.
Operational and Strategic Investments (Technology & AI)
Accelerating investment in cloud, data platforms and AI (89% apps on cloud); >250 AI tools/models in use; GitLab rollout improved code deployment speed by ~15% and Microsoft Copilot reportedly saved >1 million work hours in 2025; employee share grant (~GBP 500 worth of shares) for most colleagues.
Robust Liquidity and Capital Metrics
Liquidity and funding metrics strong: loan-to-deposit ratio 73%, NSFR 135%, LCR 170%; TNAV per share increased 52p y/y to 409p.

Barclays (BCS) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

BCS Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Apr 28, 2026
2026 (Q1)
0.81 / -
0.695
Feb 10, 2026
2025 (Q4)
0.42 / 0.47
0.33639.88% (+0.13)
Oct 22, 2025
2025 (Q3)
0.54 / 0.56
0.5550.18% (<+0.01)
Jul 29, 2025
2025 (Q2)
0.58 / 0.62
0.42546.82% (+0.20)
Apr 30, 2025
2025 (Q1)
0.61 / 0.69
0.51534.95% (+0.18)
Feb 13, 2025
2024 (Q4)
0.26 / 0.34
-0.0351060.00% (+0.37)
Oct 24, 2024
2024 (Q3)
0.45 / 0.56
0.40437.38% (+0.15)
Aug 01, 2024
2024 (Q2)
0.38 / 0.42
0.442-3.85% (-0.02)
Apr 25, 2024
2024 (Q1)
0.46 / 0.52
0.644-20.03% (-0.13)
Feb 20, 2024
2023 (Q4)
0.08 / -0.04
0.312-111.22% (-0.35)
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
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%
Apr 30, 2025
$15.82$15.75-0.44%
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 Apr 28, 2026, Before Open (Confirmed).
    What is Barclays Plc (BCS) earnings time?
    Barclays Plc (BCS) earnings time is at Apr 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 (Q1) is 0.81.