Barclays reports flat first quarter profits

Barclays reports flat first quarter profits

Barclays has today reported its first quarter profit in line with expectations as a £200m provision for a loss to a single company exposure was counterbalanced by a steady performance from its investment bank thanks to robust trading.

Barclays Delivers Mixed Q1 Results Amid MFS Charge

Barclays (BARC.L) today reported first-quarter profit before tax of 2.8 billion pounds, meeting market expectations thanks to a robust performance from its investment banking division. However, the British bank also announced a smaller-than-anticipated share buyback and a substantial provision linked to the collapse of London-based lender MFS. Barclays is a major British financial services provider, offering diverse services from retail and corp…

Barclays posts solid Q1 2026 with double-digit returns across divisions

Barclays PLC (LON:BARC) has announced its Q126 Results Announcement. Performance Highlights For Q126, Barclays delivered a return on tangible equity (RoTE) of 13.5%, announced a £500m buyback and reiterated all 2026 and 2028 targets C. S. Venkatakrishnan, Group Chief Executive, commented “Barclays delivered another solid quarter with a 13.5% RoTE in Q126, and double-digit returns in all our businesses. This was despite a one-off charge and impa…