I am pleased to report that Barclays is in a very different place than it has been since the global financial crisis, and with the significant restructuring done, we can now for the first time in the recent past look forward to enhancing shareholder returns and distributions.
John McFarlane, Group Chairman
Dividend per share:
6.5p
(2017: 3.0p)
Earnings per share*:
21.9p
(2017: 16.2p**)
CET1:
13.2%
(2017: 13.3%)
*Excluding litigation and conduct of £2.2bn (2017: £1.2bn) principally related to a £1.4bn settlement with the US Department of Justice (DoJ) with regard to Residential Mortgage Backed Securities (RMBS) and charges of £0.4bn (2017: £0.7bn) due to Payment Protection Insurance (PPI) in Q118.
**Excluding litigation and conduct, DTA re-measurement and the loss on the sale of 33.7% of BAGL’s issued share capital and the impairment of Barclays’ holding in BAGL
The fundamental strength of our Group rests on a diversified, though connected, portfolio of businesses – and Barclays is well diversified by geography, by product, and by currency between our consumer and wholesale businesses.
Jes Staley, Group CEO
Income:
£21.1bn
(2017: £21.1bn)
PBT*:
£5.7bn
(2017: £4.7bn)
RoTE*:
8.5%
(2017: 5.6%**)
*Excluding litigation and conduct of £2.2bn (2017: £1.2bn) principally related to a £1.4bn settlement with the US Department of Justice (DoJ) with regard to Residential Mortgage Backed Securities (RMBS) and charges of £0.4bn (2017: £0.7bn) due to Payment Protection Insurance (PPI) in Q118.
**Excluding litigation and conduct, DTA re-measurement and the loss on the sale of 33.7% of BAGL’s issued share capital and the impairment of Barclays’ holding in BAGL
With 24 million customers and clients and 25,000 colleagues, Barclays UK’s strategy is about building long-term, meaningful relationships with our customers. This is achieved through colleagues, empowered by technology, passionate about the customer, delivering perfect and personalised experiences to help customers move forward with confidence every day.
Ashok Vaswani, CEO, Barclays UK
Income:
£7.4bn
(2017: £7.4bn)
PBT*:
£2.4bn
(2017: £2.5bn)
RoTE*:
16.7%
(2017: 17.8%)
*Excluding litigation and conduct of £2.2bn (2017: £1.2bn) principally related to a £1.4bn settlement with the US Department of Justice (DoJ) with regard to Residential Mortgage Backed Securities (RMBS) and charges of £0.4bn (2017: £0.7bn) due to Payment Protection Insurance (PPI) in Q118.
In 2018, Barclays International made good progress on executing our strategy and improving returns. Our progress gives us confidence that by continuing to build our businesses through targeted deployment of financial resources and investments in talent and technology, we can accelerate our growth and achieve increased returns.
Tim Throsby, CEO, Barclays International and CEO, Barclays Bank PLC
Income:
£14.0bn
(2017: £14.4bn)
PBT*:
£3.9bn
(2017: £3.5bn)
RoTE*:
8.7%
(2017: 4.4%)
*Excluding litigation and conduct of £2.2bn (2017: £1.2bn) principally related to a £1.4bn settlement with the US Department of Justice (DoJ) with regard to Residential Mortgage Backed Securities (RMBS) and charges of £0.4bn (2017: £0.7bn) due to Payment Protection Insurance (PPI) in Q118.
2018 is the second year of operations for BX and we have gone from strength to strength. Through our centres of excellence we are delivering capacity to support investment in our businesses and drive exceptional customer service.
Paul Compton, Barclays Execution Services CEO
To our customers and clients - delivering high quality services and an outstanding experience
To society - safety and continuity of services to the financial system
To shareholders - generating efficiencies by transforming the way we do business
Our common Purpose is ‘Creating opportunities to rise’. Because when our customers, clients, colleagues and society rise, Barclays rises too. We measure and reward our people, not just on commercial results, but on how they live our Values and bring them to life every day.
Our values underpin our business and govern everything we do:
To build on our strength as a transatlantic consumer and wholesale bank, anchored in our two home markets of the UK and US, with global reach.
Our performance measurement approach reflects the way in which management monitors the performance of the Group, allows for a holistic assessment and sets out our progress towards the strategic goals of the organisation
Our business model enables us to leverage resource and relationships to produce long-term sustainable outputs for our stakeholders. These outputs provide combined value for our stakeholders, helping people to rise.
Financial
Non-financial
Company
Customers and clients
Colleagues
Citizenship
Our performance measurement framework undertakes a holistic assessment and sets out our progress towards the strategic goals of the organisation. Our framework is focused on achieving positive and sustainable outcomes for our diverse group of stakeholders.
Group RoTE* >9% in 2019 >10% in 2020
*excluding litigation and conduct, and based on a CET1 ratio of c.13%
CET1 ratio 150-200 bps above the end point regulatory minimum level
Group costs £13.6-13.9bn in 2019**: Targeting cost: income ratio below 60%
**excluding litigation and conduct
Promoting and maintaining
Underpinned by how we behave towards all our stakeholders through our conduct and culture
Downloads
Attend the AGM
Barclays PLC Annual Report 2018 (PDF 6.29MB)
Barclays Bank PLC Annual Report (PDF 3.68MB)
Barclays Bank UK PLC Annual Report 2018 (PDF 5.07MB)
Barclays PLC Strategic Report 2018 (PDF 2.57MB)
Barclays PLC Environmental Social Governance Report 2018 (PDF 7.56MB)
Barclays Fair Pay Report 2018 (PDF 7.73MB)
Barclays PLC Country Snapshot 2018 (PDF 655KB)
Barclays PLC Pillar 3 Report 2018 (PDF 213KB)
Barclays PLC Pillar 3 Disclosures Terms and Conditions (PDF 213KB)
Barclays PLC Form 20-F 2018 (PDF 7.84MB)
Barclays Bank PLC Form 20-F 2018 (PDF 2.85MB)
Barclays PLC Form 20-F 2018 XBRL data files (ZIP)
Barclays Bank PLC Form 20-F 2018 XBRL data files (ZIP)
Country by Country Report for Barclays Bank Ireland PLC 2018 (PDF 217KB)
