Barclays PLC Interim Results Announcement for H1 2025

Barclays PLC reported a return on tangible equity (RoTE) of 13.2% for the first half of 2025, with a profit before tax of £5.2 billion, up 23% from the previous year. The Group announced £1.4 billion in total capital distributions to shareholders, including a £1 billion share buyback and a half-year dividend of 3.0p per share. Barclays achieved £17 billion of the planned £30 billion UK risk-weighted assets (RWAs) growth, with a CET1 ratio of 14.0%. The Group's income increased by 12% to £14.9 billion, driven by higher income in Global Markets, structural hedge income, and the acquisition of Tesco Bank. Operating expenses rose by 5% to £8.6 billion, reflecting Tesco Bank costs and inflation, partially offset by £350 million in cost efficiency savings. Credit impairment charges increased to £1.1 billion, primarily due to the Tesco Bank acquisition and macroeconomic uncertainty. Barclays remains on track to achieve its three-year plan, with a focus on delivering structurally higher and more stable returns for investors.