Robust Capital Position
Barclays reported a CET1 ratio of 13.9% at the end of Q1 2025, at the top of their target range, indicating strong capital generation and a robust balance sheet.
Strong Return on Tangible Equity (RoTE)
The bank achieved a RoTE of 14% in Q1 2025, up from 12.3% in the previous year, reflecting improved financial performance and operational efficiency.
Income Growth and Operational Leverage
Total income rose by 11% to £7.7 billion, with operating leverage achieved through a 6% positive jaws, resulting in a cost-income ratio of 57%.
Investment Bank Performance
The Investment Bank saw a 16% increase in income year-on-year, driven by strong performance in FICC and equities, with a RoTE of 16.2%.
Upgraded NII Guidance
Barclays upgraded its net interest income guidance for 2025, expecting more than £12.5 billion, up from circa £12.2 billion previously, due to stronger deposit trends.