Barclays Plc reported £29.1bn revenue in FY2025, up 34% across 6 filed years.

Open filed source ↗
Where's the money from?
Revenue £29.1bn (FY2025), up 9% YoY
This is the total revenue line reported in the filed accounts.
Filed source ↗
Revenue trend
£21.8bn → £29.1bn
Revenue up about 34% across 6 filed years.
Filed source ↗
What do the filed figures show?
£229.8bn cash
Net worth £78.2bn.
Filed source ↗
Who's behind it?
12 active directors
Full board and backgrounds in the People tab.
Filed source ↗

global diversified bank (retail, corporate and investment banking) · global · high complexity

Filing brief · Company record

Inside Barclays PLC

Report overview

Barclays turned £29.1bn in revenue into £18.7bn of operating cash — a 163% cash surge that dwarfs its earnings growth.

£229.75bn Cash at bank vs £210.18bn FY2024
£29.14bn Turnover vs £26.79bn FY2024
£9.14bn Pre-tax profit vs £8.11bn FY2024
£78.24bn Net assets vs £72.48bn FY2024
Barclays PLC posted its strongest numbers in recent memory: revenue up 9% to £29.1bn, profit after tax up 13% to £7.2bn. But the headline that matters most sits in the cash flow statement. Operating cash leapt 163% — from £7.1bn to £18.7bn — in a single year. Simultaneously, the investing outflow that consumed £17.9bn in FY2024 flipped to a £1.6bn inflow. A bank that was deploying capital at scale one year was harvesting it the next. The balance sheet reflects it: net assets climbed £5.8bn to £78.2bn, and cash holdings now stand at £229.8bn.
Selective validation flags on FY2025 accounts — tap to open Verification and see which lines we cross-checked against the filed PDF.
Explore 02Financials 03Review 05People 07Detailed findings 08Filings 09Verification
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Company No.00048839
Statusactive
Latest accountsFY2025 accounts
Filed 31 May 2026 3 months ago
AuditorKPMG LLP

The story

What happened, in chapters

The year, beat by beat — each one a signal from the filing, source cited. Open the source detail on any beat for the supporting context.

The Cash Reversal

Investing cash swung from a £17.9bn outflow to a £1.6bn inflow in twelve months.

+109%
Investing cash flow FY2024 -£17.9bn FY2025 £1.6bn
The source detail

That is a £19.5bn directional swing in a single line of the cash flow statement. In FY2024 Barclays was a net deployer of capital at scale; in FY2025 it was a net collector. The mechanism — whether asset disposals, loan book movements, or securities maturities — is not disclosed in the filing brief.

Source · Cash Flow Statement FY2024–FY2025

Profit Is Real

Every layer of the P&L moved in the same direction, and margins held.

Profit after tax

FY2024 £6.4bn
FY2025 £7.2bn
The source detail

Turnover rose £2.35bn to £29.1bn; operating profit followed to £11.4bn; profit after tax landed at £7.2bn. The tax charge grew proportionally to £1.93bn, so there is no sign of one-off reliefs flattering the bottom line. Operating margin sits at roughly 39%.

Source · Profit & Loss Account FY2024–FY2025

A Balance Sheet Built on Scale

£229.8bn in cash sits against £78.2bn of net assets — numbers that define a tier-one bank.

£229.8bn Cash & equivalents
vs
£78.2bn Net assets
The source detail

Cash holdings of £229.8bn reflect the sheer size of Barclays' treasury and lending operations, not a conventional corporate cash pile. Net assets grew £5.8bn year-on-year, entirely funded by retained earnings rather than any disclosed fresh equity raise.

Source · Balance Sheet FY2025

Who Controls Barclays?

No person of significant control is on record — ownership is fragmented below the 25% disclosure threshold.

  • No single controlling shareholder (PSC) Fragmented institutional ownership — no PSC recorded
  • Board (12 directors) Higgins (Chair), Venkatakrishnan (CEO) + 10 non-executives
  • Listed entity Barclays PLC — Company No. 00048839
  • Operating subsidiaries (below this entity — not detailed in this filing)

Source · PSC Register; Director appointments, Companies House

The Filing Timeline

Barclays has been filing under variants of its name since 1896 — and the most recent signals are routine.

  • 22 May 2026 SH01 share allotment filed; resolutions filed 6 June 2026
  • 1985 Renamed Barclays PLC (current)
  • 1982 Renamed Barclays Bank PLC
  • 1916 Renamed Barclays Bank Limited
  • 1896 Barclay & Company Limited incorporated

Source · Filing history, Companies House; Name history on record

The brief

Five questions, answered

Questions answered from this company's filings, with the source for every figure.

Q1 What does the filing disclose about short-term obligations?

Liquidity is not a concern at the scale this filing presents.

Cash and equivalents stand at £229.8bn (Balance Sheet FY2025), and operating cash flow more than doubled to £18.7bn in FY2025, up from £7.1bn the prior year. As a regulated UK bank Barclays also carries statutory liquidity buffers not captured in these headline figures. No going-concern language appears in the filing brief.

Source · Balance Sheet FY2025; Cash Flow Statement FY2025

Q2 Are they actually making money, or just turning it over?

Genuinely making money.

Turnover of £29.1bn converted to £11.4bn operating profit and £7.2bn profit after tax in FY2025 — an operating margin of roughly 39% and a post-tax margin of roughly 25%. Both margins held year-on-year despite a 9% revenue increase. The tax charge rose proportionally to £1.93bn, so no one-off reliefs are inflating the net figure.

Source · Profit & Loss Account FY2024–FY2025

Q3 Who owns and controls the business, really?

No person of significant control is recorded at Companies House, which is typical for a FTSE-listed institution where institutional shareholding is dispersed and no single investor holds 25% or more.

Day-to-day control sits with a twelve-person board. CEO C. S. Venkatakrishnan was appointed November 2021; Chair Nigel Higgins since March 2019. Four directors hold American nationality, six British.

Source · PSC Register; Director register, Companies House

Q4 Is the filing history clean, or are accounts late / amended?

The filing history appears clean.

The most recent entries are a share allotment (SH01, 22 May 2026) and a resolutions filing (6 June 2026), both consistent with routine post-AGM activity. No late accounts, amended filings, or replacement documents are flagged in the brief. The company has maintained continuous registration since 1896, with name changes properly recorded at each stage.

Source · Filing history, Companies House; Name history on record

Q5 Which note disclosures merit attention?

The filing brief does not include the detailed notes to the accounts — charges, secured debt schedules, contingent liabilities, and going-concern disclosures are not captured here and cannot be assessed from this data alone.

Honest limits

What the filings can't tell you

We surface gaps plainly rather than guess. Use the chapters and tabs below to dig into what is on record.

Data quality note

No geographic revenue breakdown by country or region is available in the extracted pages, limiting assessment of country-level concentration risk.

Which note disclosures merit attention?

The filing brief does not include the detailed notes to the accounts — charges, secured debt schedules, contingent liabilities, and going-concern disclosures are not captured here and cannot be assessed from this data alone.

Origin

Barclays PLC

Barclays PLC is a major UK-listed global bank (SIC 64191), offering retail banking, corporate and investment banking, credit cards and wealth management services worldwide. It is the ultimate parent of the Barclays Group, incorporated in 1896 and dual-listed in London and New York.

Where the money comes from

Revenue £29.1bn (FY2025), up 9% YoY This is the total revenue line reported in the filed accounts.

At a glance

Key data

Founded 1896 6 years on file
Turnover £29.14bn ▲ +8.8% YoY
Pre-tax profit £9.14bn ▲ +12.7% YoY
Auditor Audit status withheld — structured records disagree KPMG LLP

Timeline

How we got here

2024 01 of 20

Big year-on-year change

Operating profit jump

Operating profit grew 20% — from £8.44bn to £10.09bn.

2022 02 of 20

Big year-on-year change

Profit after tax decline

Profit after tax fell 17% — from £7.23bn to £5.97bn.

2021 03 of 20

Big year-on-year change

Profit after tax surge

Profit after tax more than doubled — from £2.46bn to £7.23bn in a single year (+194%).

2021 04 of 20

Joined the board

Julia Susan Wilson joins the board

Julia Susan Wilson was first appointed as a director on 1 April 2021.

2020 05 of 20

Joined the board

Brian, Dr Gilvary joins the board

Brian, Dr Gilvary was first appointed as a director on 1 February 2020.

2019 06 of 20

Joined the board

Dawn Fitzpatrick joins the board

Dawn Fitzpatrick was first appointed as a director on 25 September 2019.

2020 07 of 20

Where our data starts

Financial deep-dive begins

Earliest analysed accounts: FY2020. 35 years of earlier trading history are not in scope — this report pulls the most recent filed accounts from Companies House.

2019 08 of 20

Joined the board

Nigel Paul Higgins joins the board

Nigel Paul Higgins was first appointed as a director on 1 March 2019.

2013 09 of 20

Regulatory event

Qatar capital-raising probe expands

The Financial Services Authority expanded its investigation into Barclays' 2008 Qatar capital-raising, focusing on disclosure surrounding the ownership of securities, with the Serious Fraud Office also conducting a parallel investigation.

2012 10 of 20

Crisis

Libor manipulation fined £290m

Barclays was fined £290 million by UK and US regulators for manipulating Libor and Euribor rate submissions between 2005 and 2009, triggering the resignation of CEO Bob Diamond and causing a major reputational crisis for the bank.

2009 11 of 20

Merger

Barclays Global Investors sold to BlackRock

Barclays sold its asset management unit, Barclays Global Investors, including the iShares ETF business, to BlackRock for $13.5 billion to strengthen its capital position following the financial crisis.

2008 12 of 20

Acquisition

Lehman Brothers US operations acquired

Barclays acquired the investment-banking and trading divisions of the collapsed Lehman Brothers for approximately $1.35 billion, gaining 9,000 employees and Lehman's Midtown Manhattan headquarters, propelling Barclays into the US bulge-bracket tier.

2005 13 of 20

Acquisition

Absa South Africa stake acquired

Barclays acquired a 54% stake in Absa Group Limited, South Africa's largest retail bank, for £2.6 billion, marking a major push into the African market.

2000 14 of 20

Acquisition

Woolwich acquired for £5.4bn

Barclays took over the recently de-mutualised Woolwich Building Society for £5.4 billion, significantly expanding its mortgage and retail banking operations.

1998 15 of 20

Merger

Barclays Capital rebranded from BZW

BZW's equity and corporate finance divisions were sold to Credit Suisse First Boston; Barclays retained the debt-focused fixed income business, rebranding it as Barclays Capital and laying the foundation for its bulge-bracket investment banking ambitions.

1986 16 of 20

Expansion

BZW investment bank formed

In response to the Big Bang deregulation of the London Stock Exchange, Barclays acquired stockbroker de Zoete & Bevan and jobber Wedd Durlacher, merging them with Barclays Merchant Bank to form Barclays de Zoete Wedd, marking its push into investment banking.

1985 17 of 20

Name changed

Rebrand

Previously incorporated as Barclays Bank PLC.

1982 18 of 20

Name changed

Rebrand

Previously incorporated as Barclays Bank Limited.

1969 19 of 20

Regulatory event

Lloyds merger blocked by regulators

A planned three-way merger with Martins Bank and Lloyds Bank was blocked by the Monopolies and Mergers Commission, though Barclays was later permitted to acquire Martins Bank alone.

1967 20 of 20

Notable event

World's first ATM deployed

Barclays installed the world's first cash dispenser in Enfield, a landmark technological milestone that transformed retail banking globally.

Go deeper

Explore the evidence

Explore 02Financials 03Review 05People 07Detailed findings 08Filings 08Summary 09Verification

02 · Financials

The numbers, year by year

FY2025 accounts · Companies House (PDF accounts)

Scene 01 · Revenue

Turnover grew 34% across the period

From £21.77bn in FY2020 to £29.14bn in FY2025 — a 34% increase.

Annual Turnover vs Cost of Sales

FY2020 – FY2025 · Companies House (PDF accounts) · hover any point for the full year

Turnover Cost of Sales Gross Profit (shaded gap)
Latest turnover · FY2025 £29.14bn +8.8% vs prior year
Across 5 years +34% £21.77bn → £29.14bn
FY2025 · £29.14bn
FY2020 FY2021 FY2022 FY2023 FY2024 FY2025

Cost of sales not tagged in these filings. Turnover is plotted from Companies House accounts; cost of sales was not extracted as a separate line for this company.

Scene 02 · Metrics

The headline numbers

All figures in GBP (£) · as filed, not converted

Cash at bank £229.75bn ▲ +9.3% vs £210.18bn FY2024 Up 9.3% year on year.
Turnover £29.14bn ▲ +8.8% vs £26.79bn FY2024 Up 8.8% year on year.
Pre-tax profit £9.14bn ▲ +12.7% vs £8.11bn FY2024 Up 12.7% year on year.
Net assets £78.24bn ▲ +7.9% vs £72.48bn FY2024 Up 7.9% year on year.

Filing signals

Calculated indicators · 3 filed calculations

Low debt Net assets growing Profitable
+ Review notes
  • Low debt — Debt-to-equity of 0.0 — conservatively financed
  • Net assets growing — Net assets grew 7.9% year-on-year — the company is building value
  • Profitable — PBT of £9.14bn on turnover of £29.14bn

Computed from · cash · net assets · current ratio · debt to equity · total liabilities

Financial performance trends

Revenue, profitability and operating growth over time

Turnover Operating profit
FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Financial year

Scene 05 · Full detail

Complete P&L statement

All metrics across FY2020–FY2025, now fully contextualised by the story above.

Profit and loss
GBP
Metric FY2020FY2021FY2022FY2023FY2024FY2025 Δ YoY
Turnover £21.77bn £21.94bn £24.96bn £25.38bn £26.79bn £29.14bn ▲ 9%
Cost of sales — — — — — — —
Gross profit — — — — — — —
Other operating income — — £7.79bn £6.14bn — — —
Administrative expenses -£13.43bn -£14.09bn -£16.73bn -£16.93bn -£2.77bn -£2.73bn ▲ 1%
Operating profit — — £8.23bn £8.44bn £10.09bn £11.42bn ▲ 13%
Finance income £11.89bn £11.24bn £10.57bn £12.71bn — — —
Finance costs -£3.77bn -£3.17bn — — — — —
Profit before tax £3.06bn £8.41bn £7.01bn £6.56bn £8.11bn £9.14bn ▲ 13%
Tax -£604.0m -£1.19bn -£1.04bn -£1.23bn -£1.75bn -£1.93bn ▼ 10%
Profit after tax £2.46bn £7.23bn £5.97bn £5.32bn £6.36bn £7.21bn ▲ 13%
EBITDA (memo) — — £9.96bn* £10.22bn* £11.82bn* £13.19bn* ▲ 12%

Some lines are not tagged in the filed accounts. Cost of sales and gross profit are missing for FY2020, FY2021, FY2022, FY2023, FY2024, FY2025 — the filer published turnover and operating profit without those subtotals (common on group accounts). Cells marked * are calculated from other lines on the same year (e.g. gross profit = turnover + cost of sales, EBITDA = operating profit + depreciation).

Balance sheet
GBP
Metric FY2020FY2021FY2022FY2023FY2024FY2025 Δ YoY
Intangible assets £7.95bn £8.06bn £8.24bn £7.79bn £8.28bn £8.28bn — 0%
Tangible assets £4.04bn £3.56bn £3.62bn £3.42bn £3.60bn £3.72bn ▲ 3%
Investments £1.22bn £1.44bn £1.36bn £1.40bn £891.0m £739.0m ▼ 17%
Total fixed assets — — £3.62bn £3.42bn — — —
Stocks — — — — — — —
Debtors £342.63bn £361.45bn — — — — —
Cash at bank £210.14bn £259.21bn £278.79bn £248.01bn £210.18bn £229.75bn ▲ 9%
Total current assets £303.10bn £339.01bn — — — — —
Trade creditors — — — — — — —
Bank loans (current) — — — — — — —
Total current liabilities £566.42bn £598.80bn — — — — —
Net current assets — — — — — — —
Total assets less current liabilities — — — — — — —
Bank loans (non-current) — — — — — — —
Long-term liabilities — — — — — — —
Provisions £2.30bn £1.69bn £1.54bn £1.58bn £1.38bn £1.66bn ▲ 20%
Net assets £66.88bn £70.21bn £69.26bn £71.86bn £72.48bn £78.24bn ▲ 8%
Total equity £66.88bn £70.21bn £69.26bn £71.86bn £72.48bn £78.24bn ▲ 8%
Cash flow
GBP
Metric FY2020FY2021FY2022FY2023FY2024FY2025 Δ YoY
Net cash from operating activities £57.51bn £48.92bn £30.23bn -£927.0m £7.11bn £18.74bn ▲ 163%
Net cash used in investing activities -£18.38bn £4.27bn -£21.67bn -£23.41bn -£17.89bn £1.59bn swung +
Net cash used in financing activities £2.73bn £107.0m £696.0m -£1.39bn £784.0m £2.26bn ▲ 188%
Net increase / (decrease) in cash £43.53bn £49.06bn £19.58bn -£30.78bn -£12.40bn £20.85bn swung +
Cash at end of year £210.14bn £259.21bn £278.79bn £248.01bn £235.61bn £256.46bn ▲ 9%

Scene 04 · Waterfall

From revenue to profit

How the reported revenue, costs and tax figures combine to produce profit after tax. The table shows the filed flow for the latest year.

  1. Revenue£29.14bn
  2. Operating profit£11.42bn
  3. Tax−£4.21bn
  4. Profit after tax£7.21bn

FY2025 accounts · cascade view

04 · Filing notes

What the filings reveal

Filed records and calculated indicators
Screening No match recorded Sanctions · PEP · disqualified register Source-check records 3 filed items Listed from the screening output Auditor Audit status withheld — structured records disagree · 5 key audit matters KPMG LLP Filed disclosures 10 principal disclosures recorded Off-BS exposures not quantified

Working capital + cash

Where the money sits

Four numbers that tell you how stretched the balance sheet is today. The line under each is in plain English — what the number means for the business, not what to do about it.

Profit-to-cash Cash conversion · earnings quality 164% The filing reports £1.64 of operating cash flow for each £1 of operating profit.

Screening status

Independent checks completed

No critical filing notesNo critical source pattern Sanctions check · No matchScreening completed PEP screen · No match recordedPEP sources · 0 matches Disqualified directors · NoneCH disqualified register · clear Auditor · KPMG LLP Audit status withheld — structured records disagree Going concern · ConfirmedGoing concern · Unqualified Status · Active

Compliance signals

What the compliance pass surfaced

Weak sanctions name overlap

Screening returned a partial name overlap: 'CAMOYS, Ralph Thomas Campion George Sherman Stonor, The Right Honorable The Lord' against 'The Lord' on the Global Human Rights Sanctions Regulations 2020 list (90% name similarity). No identifier corroboration — an unconfirmed overlap, not a confirmed hit.

Weak sanctions name overlap

Screening returned a partial name overlap: 'CAMOYS, Ralph Thomas Campion George Sherman Stonor, The Right Honorable The Lord' against 'The Lord' on the Global Human Rights Sanctions Regulations 2020 list (90% name similarity). No identifier corroboration — an unconfirmed overlap, not a confirmed hit.

Short director tenures

William Robert Harrison and Michael Edward O'Neill each served fewer than 12 months, a pattern that may reflect legitimate board restructuring but warrants contextual clarification.

Key audit matters

What the auditor flagged independently

01

Impairment allowances on loans and advances at amortised cost, including off-balance sheet elements

Identified by KPMG LLP as a key audit matter — an area requiring significant judgement or specialist attention during the FY2025 audit.

02

Valuation of financial instruments held at fair value

Identified by KPMG LLP as a key audit matter — an area requiring significant judgement or specialist attention during the FY2025 audit.

03

Valuation of gross defined benefit pension obligation in respect of the UK Retirement Fund (UKRF)

Identified by KPMG LLP as a key audit matter — an area requiring significant judgement or specialist attention during the FY2025 audit.

04

User access management

Identified by KPMG LLP as a key audit matter — an area requiring significant judgement or specialist attention during the FY2025 audit.

05

Recoverability of parent company's investment in subsidiaries

Identified by KPMG LLP as a key audit matter — an area requiring significant judgement or specialist attention during the FY2025 audit.

Contingent liabilities

Off-balance-sheet exposures

Legal proceedings, competition, regulatory and conduct matters as disclosed in Note 25 to the financial statements (pages 456 to 460); specific amounts and probabilities not... Not quantified

Principal disclosures

As disclosed in the filed accounts

01

Operational risk

Risk of loss from inadequate or failed processes, systems, human factors or external events excluding credit or market risk causes. Managed via Operational Risk Framework with Risk and Control Self-Assessments and escalation to senior management and Board.

02

Model risk

Potential for adverse consequences from decisions based on incorrect or misused model outputs. Managed through the Model Risk Management Framework with independent model validation and residual risk tolerances.

03

Compliance risk

Risk of poor customer/client/market outcomes from product and service delivery (conduct risk) and risk from failure to comply with applicable laws, rules and regulations. First line accountable with second-line Compliance providing independent oversight.

04

Financial crime risk

Risk that the Group or associated persons commit or facilitate financial crime, or that products/services are used for financial crime, potentially causing harm and regulatory breaches. Managed via the Financial Crime Risk Management Framework.

05

Reputation risk

Risk that an action, transaction, investment, event, decision or business relationship will reduce trust in the Group's integrity or competence. Managed through the Group-wide Reputation Risk Management Framework.

04 · Market

Registered activities

Companies House SIC2007 classifications · optional comparison

Industry classification

Financial & insurance services

Companies House records the SIC2007 classification for this entity under 1 code: 64191.

Peer cohort · Division 64 · Financial Services · 12 peers

Division revenue split

Where the £1 comes from

Revenue split by segment as the company itself reports it in the filed accounts.

Barclays UK
—
UK Corporate Bank
—
Private Bank and Wealth Management
—
Investment Bank
—
US Consumer Bank
—

Concentration + dependency

Where revenue could be most exposed

01

Geographic concentration

The UK is the primary market, generating the majority of income; the US Consumer Bank is the second-largest geography by income at £3.7bn.

02

Customer concentration

Income is spread across five divisions and millions of retail and business customers; no single customer is identified as material.

03

Supplier concentration

Key technology partners named include Amazon Web Services, Microsoft, GitLab and Databricks; the report does not disclose what proportion of technology spend these represent or what would happen if one were unavailable.

04

Currency concentration

A significant portion of income is earned in US dollars; the report notes that the pound strengthening against the dollar reduced reported US Consumer Bank income and profit in 2025. The report does not detail hedging arrangements in the sections provided.

Strategic priorities

What the directors say they're focused on

Directly from the management commentary in the filed accounts — descriptive of stated intent, not a forecast.

01

Priority 1

Simplify the business by cutting legacy systems and focusing on five divisions

02

Priority 2

Improve financial returns, targeting a return on shareholders' equity above 14% by 2028

03

Priority 3

Rebalance capital toward the highest-returning UK businesses and away from the investment bank

04

Priority 4

Grow UK lending — mortgages, business loans and credit cards — to diversify income

05

Priority 5

Invest in technology and artificial intelligence to reduce costs and improve customer service

Sector peer comparison · withheld

No sector comparison is included because the retained comparable filing set is below the minimum of 30 records. The retained set contains 12 comparable filings. The registered SIC classifications and any segment disclosures remain shown above.

05 · People

The people behind the company

12 active directors · 0 PSCs · 27.8m UK appointments cross-referenced

Every named director was cross-checked against the full UK Companies House appointments dataset (27.8 million records). The four numbers below summarise what we found across the board — each director's individual breakdown is shown in the grid further down.

Directors analysed 12 1 corporate · cross-checked against 27.8m records
Avg failure rate 0.8% share of prior companies that went into liquidation / dissolution
Max concurrent boards 9 most active director sits on 9 boards · 2.7 avg
Phoenix signals 0 no director linked to dissolved-and-restarted companies

Each director, individually

Career history + cross-references

Role Director Career boards Concurrent Prior-failure rate Joined Other UK boards
Director
Brian Gilvary British · Jersey
21 1 failed 9 busy 4.8% 1 April 2005
Director
Julia Susan Wilson British · United Kingdom
13 4 0.0% 24 April 2006
Director · active
Mary Elizabeth Francis British · United Kingdom
2 — — 1 October 2016
Director · active
Nigel Paul Higgins British · United Kingdom
2 2 — 1 March 2019
Director · active
Dawn Fitzpatrick American · United States
3 3 0.0% 25 September 2019
Director · active
Coimbatore Sundararajan Venkatakrishnan American · United States
2 2 — 1 November 2021
Director · active
Robert Berry British, American · United States
3 3 0.0% 8 February 2022
Director · active
Angela Anna Cross British · United Kingdom
2 2 — 23 April 2022
Director · active
Menasey Marc Moses British · United Kingdom
3 3 0.0% 23 January 2023

Co-director network

Who sits on other UK boards alongside these directors

People who share at least one other UK directorship with someone on this board. Sorted by overlap count. Click any shared boards chip to reveal the companies they overlap on.

MR Alan Henry Haywood 36 career appointments · 2 failed · 5.6% failure rate 15 shared boards
  • Britannic Strategies Limited No. SC123106 · Director · Active
  • BP Gas Marketing Limited No. 00908982 · Director · Active
  • Britannic Trading Limited No. 00871912 · Director · Active
  • Britannic Energy Trading Limited No. 01378710 · Director · Active
  • BP Oil International Limited No. 00322365 · Director · Active
  • BP Investments Asia Limited No. 05639411 · Director · Active
  • BP Finance P.l.c No. 04145621 · Director · Active
  • BP Holdings North America Limited No. 06034588 · Director · Active
  • BP P.l.c. No. 00102498 · Director · Active
  • BP Global Investments Limited No. 00263889 · Director · Active
  • BP International Limited No. 00542515 · Director · Active
  • BP Car Fleet Limited No. 00651878 · Director · Liquidation
  • BP Capital Markets P.l.c. No. 01290444 · Director · Active
  • THE BP Share Plans Trustees Limited No. 01454944 · Director · Active
  • BP Corporate Holdings Limited No. 04116177 · Director · Active
MR David James Bucknall 31 career appointments · 2 failed · 6.5% failure rate 13 shared boards
  • Britannic Strategies Limited No. SC123106 · Director · Active
  • BP Gas Marketing Limited No. 00908982 · Director · Active
  • Britannic Trading Limited No. 00871912 · Director · Active
  • Britannic Energy Trading Limited No. 01378710 · Director · Active
  • BP Oil International Limited No. 00322365 · Director · Active
  • BP Investments Asia Limited No. 05639411 · Director · Active
  • BP Finance P.l.c No. 04145621 · Director · Active
  • BP Holdings North America Limited No. 06034588 · Director · Active
  • BP P.l.c. No. 00102498 · Director · Active
  • BP Global Investments Limited No. 00263889 · Director · Active
  • BP International Limited No. 00542515 · Director · Active
  • BP Car Fleet Limited No. 00651878 · Director · Liquidation
  • BP Capital Markets P.l.c. No. 01290444 · Director · Active
Andrea Margaret Thomas 191 career appointments · 5 failed · 2.6% failure rate 13 shared boards
  • Britannic Strategies Limited No. SC123106 · Director · Active
  • BP Gas Marketing Limited No. 00908982 · Director · Active
  • Britannic Trading Limited No. 00871912 · Director · Active
  • Britannic Energy Trading Limited No. 01378710 · Director · Active
  • BP Oil International Limited No. 00322365 · Director · Active
  • BP Investments Asia Limited No. 05639411 · Director · Active
  • BP Finance P.l.c No. 04145621 · Director · Active
  • BP Holdings North America Limited No. 06034588 · Director · Active
  • BP P.l.c. No. 00102498 · Director · Active
  • BP Global Investments Limited No. 00263889 · Director · Active
  • BP International Limited No. 00542515 · Director · Active
  • BP Car Fleet Limited No. 00651878 · Director · Liquidation
  • BP Capital Markets P.l.c. No. 01290444 · Director · Active
MR Kevin John Dunn 98 career appointments · 3 failed · 3.1% failure rate 8 shared boards
  • 3I Holdings PLC No. 02591431 · Director · Active
  • 3I Investments PLC No. 03975789 · Director · Active
  • 3I Osprey Gp Limited No. 06100576 · Director · Active
  • 3I PLC No. 00397156 · Director · Active
  • 3I Group PLC No. 01142830 · Director · Active
  • Barclays Bank PLC No. 01026167 · Director · Active
  • Barclays Capital Securities Limited No. 01929333 · Director · Active
  • Bunzl Public Limited Company No. 00358948 · Director · Active
MR Anthony William Wallace Brierley 100 career appointments · 2 failed · 2.0% failure rate 7 shared boards
  • 3I Holdings PLC No. 02591431 · Director · Active
  • 3I Investments PLC No. 03975789 · Director · Active
  • 3I Osprey Gp Limited No. 06100576 · Director · Active
  • 3I PLC No. 00397156 · Director · Active
  • 3I Group PLC No. 01142830 · Director · Active
  • Barclays Bank PLC No. 01026167 · Director · Active
  • Barclays Capital Securities Limited No. 01929333 · Director · Active
MR Jonathan Charles Murphy 110 career appointments · 2 failed · 1.8% failure rate 7 shared boards
  • 3I Holdings PLC No. 02591431 · Director · Active
  • 3I Investments PLC No. 03975789 · Director · Active
  • 3I Osprey Gp Limited No. 06100576 · Director · Active
  • 3I PLC No. 00397156 · Director · Active
  • 3I Group PLC No. 01142830 · Director · Active
  • Barclays Bank PLC No. 01026167 · Director · Active
  • Barclays Capital Securities Limited No. 01929333 · Director · Active
MR Michael James Queen 29 career appointments · 1 failed · 3.4% failure rate 6 shared boards
  • 3I Holdings PLC No. 02591431 · Director · Active
  • 3I Investments PLC No. 03975789 · Director · Active
  • 3I Osprey Gp Limited No. 06100576 · Director · Active
  • 3I PLC No. 00397156 · Director · Active
  • 3I Group PLC No. 01142830 · Director · Active
  • Barclays Bank PLC No. 01026167 · Director · Active
MS Jasi Hari Halai 69 career appointments · 2 failed · 2.9% failure rate 6 shared boards
  • 3I Holdings PLC No. 02591431 · Director · Active
  • 3I Investments PLC No. 03975789 · Director · Active
  • 3I Osprey Gp Limited No. 06100576 · Director · Active
  • 3I PLC No. 00397156 · Director · Active
  • 3I Group PLC No. 01142830 · Director · Active
  • Barclays Bank PLC No. 01026167 · Director · Active
William Robert Harrison 19 career appointments · 1 failed · 5.3% failure rate 3 shared boards
  • Barclays Bank PLC No. 01026167 · Director · Active
  • Barclays Capital Securities Limited No. 01929333 · Director · Active
  • Barclays Bank PLC No. 01026167 · Director · Active
John Silvester Varley 26 career appointments 3 shared boards
  • Barclays Bank PLC No. 01026167 · Director · Active
  • Barclays Capital Securities Limited No. 01929333 · Director · Active
  • Barclays Bank PLC No. 01026167 · Director · Active

Corporate group

The wider business

BARCLAYS PLC is connected to 2 related entities across the wider group. Each link shows its evidence, so the grouping can be checked rather than taken on trust.

Related Barclays Bank PLC
Shared Directors3 shared active directors
Related Barclays Capital Securities Limited
Shared Directors2 shared active directors
+ Show the 87 resigned officers

Historical board

Resigned network

Every officer who has left the company, newest-resignation first. Helps spot waves of churn that wouldn't show on the active-director cards alone.

1995

John Michael David Atterbury

Secretary Resigned 9 February 1995
2017

Claire Anne Davies

Secretary Served 2016 → 2017
2017

Lawrence Charles Dickinson

Secretary Served 2017 → 2017
2016

Lawrence Charles Dickinson

Secretary Served 2002 → 2016
1998

Alison Marie Dillon

Secretary Served 1998 → 1998
2023

Stephen Victor Shapiro

Secretary Served 2017 → 2023
2002

Howard Bailey Trust

Secretary Served 1995 → 2002
2012

Marcus Ambrose Paul Agius

Director Served 2006 → 2012
2000

David Philip Allvey

Director Served 1999 → 2000
2006

Thomas David Guy, Sir Arculus

Director Served 1997 → 2006
2023

Michael St John Ashley

Director Served 2013 → 2023
2000

Mary Elizabeth Baker

Director Resigned 31 December 2000
1996

David Band

Director Resigned 28 March 1996
2006

Matthew William Barrett

Director Served 1999 → 2006
1993

Timothy Hugh, Sir Bevan

Director Resigned 29 April 1993
1995

John Derek, Sir Birkin

Director Resigned 31 May 1995
2013

David George Booth

Director Served 2007 → 2013
2025

Timothy James Breedon

Director Served 2012 → 2025
2011

Richard John, Sir Broadbent

Director Served 2003 → 2011
1999

Andrew Robert Fowell Buxton

Director Resigned 23 April 1999
1994

Ralph Thomas Campion George Sherman Stonor, The Right Honorable The Lord Camoys

Director Resigned 1 April 1994
2012

Alison Jane, Dame Carnwath

Director Served 2010 → 2012
2021

Ian Michael, Sir Cheshire

Director Served 2017 → 2021
2020

Mary Anne Citrino

Director Served 2018 → 2020
2010

Richard Leigh Clifford

Director Served 2004 → 2010
2014

Fulvio Conti

Director Served 2006 → 2014
2008

Daniel Christiaan, Dr Cronje

Director Served 2005 → 2008
2004

Hilary Mary, Dame Cropper

Director Served 1998 → 2004
2005

Roger William John Davis

Director Served 2004 → 2005
2009

Sandra June Noble, Professor Dame Dawson

Director Served 2002 → 2009
2017

Diane Marie Therese Helene De Milhe De Saint Victor

Director Served 2013 → 2017
2012

Robert Edward Diamond Jr

Director Served 2005 → 2012
2024

Mohamed A, Dr El-Erian

Director Served 2020 → 2024
2026

Mary Elizabeth Francis

Director Served 2016 → 2026
1993

Michael David Milroy, Sir Franklin

Director Resigned 29 April 1993
2014

Simon John Fraser

Director Served 2009 → 2014
2023

Crawford Scott Gillies

Director Served 2014 → 2023
1998

William John Gordon

Director Served 1995 → 1998
2019

Gerald Edgar, Lord Grimstone

Director Served 2016 → 2019
1997

William Robert Harrison

Director Served 1996 → 1997
1997

Denys Hartley, Sir Henderson

Director Resigned 30 April 1997
2008

Gary Andrew Hoffman

Director Served 2004 → 2008
1993

Martin Wakefield, Sir Jacomb

Director Resigned 31 December 1993
2001

Peter Jack Jarvis

Director Served 1995 → 2001
2019

Reuben Jeffery Iii

Director Served 2009 → 2019
2015

Antony Peter Jenkins

Director Served 2012 → 2015
2004

Brian Garton, Sir Jenkins

Director Served 2000 → 2004
2007

Naguib Kheraj

Director Served 2004 → 2007
2002

Andrew Mcleod Brooks, Sir Large

Director Served 1998 → 2002
1998

The Right Honourable The Lord Lawson Of Blaby Pc

Director Resigned 30 April 1998
2004

Christopher John Lendrum

Director Served 1998 → 2004
2020

Matthew John Lester

Director Served 2017 → 2020
2013

John Andrew, Professor Sir Likierman

Director Served 2004 → 2013
1996

Patrick Richard Henry, Sir Lord Wright Of Richmond

Director Resigned 30 April 1996
2013

Christopher George Lucas

Director Served 2007 → 2013
2016

Wendy Lucas-Bull

Director Served 2013 → 2016
2019

John Mcfarlane

Director Served 2015 → 2019
2004

Peter Edward, Sir Middleton

Director Resigned 1 September 2004
2003

Gerald Nigel, Sir Mobbs

Director Resigned 24 April 2003
2022

Tushar Morzaria

Director Served 2013 → 2022
2019

Dambisa Felicia, Dr Moyo

Director Served 2010 → 2019
1993

Humphrey Thomas Norrington Obe

Director Resigned 3 December 1993
1999

Michael Edward O'neill

Director Served 1999 → 1999
1995

Shijuro Ogata

Director Resigned 31 December 1995
1998

Jan Peelen

Director Resigned 31 August 1998
1992

John Grand, Sir Quinton

Director Resigned 31 December 1992
2015

Michael Derek Vaughan, Sir Rake

Director Served 2008 → 2015
2006

David Lawton Roberts

Director Served 2004 → 2006
1996

Francis Alastair Lavie Robinson

Director Resigned 6 May 1996
2009

Anthony Nigel Russell, Sir Rudd

Director Served 1996 → 2009
2009

Stephen George Russell

Director Served 2000 → 2009
2025

Diane Lynn Schueneman

Director Served 2015 → 2025
2009

Frederik Ferdinand Seegers

Director Served 2006 → 2009
1994

James Douglas, Sir Spooner

Director Resigned 5 May 1994
2021

James Edward Staley

Director Served 2015 → 2021
2006

Robert King Steel

Director Served 2005 → 2006
2003

John Morrison Stewart

Director Served 2000 → 2003
1999

Oliver Henry James Stocken

Director Served 1993 → 1999
2015

John Michael, Sir Sunderland

Director Served 2005 → 2015
1998

John Martin Taylor

Director Served 1993 → 1998
2017

Stephen Gerard Thieke

Director Served 2014 → 2017
2019

Michael John Turner

Director Served 2018 → 2019
2016

Frits Van Paasschen

Director Served 2013 → 2016
2010

John Silvester Varley

Director Served 1998 → 2010
2015

David Alan, Sir Walker

Director Served 2012 → 2015
2003

Graham Martyn Wallace

Director Served 2001 → 2003
2009

Patience Jane Wheatcroft

Director Served 2008 → 2009

06 · Filing review

Filing brief open · File no. 00048839 · 12 September 2026 · Filing evidence · 18 pages cited · Source-linked findings · 28

Barclays Plc reported £29.1bn revenue in FY2025, up 34% across 6 filed years..

Source-linked review across 100 Companies House filings. 28 page-cited findings from three source checks, 2 cross-signal correlations, and 4 source-check questions — every material statement traces back to a filing reference.

Key findings
1
Verified material findings
Open summary →
Context
13
Context to the summary
Open filing context →
Supporting
14
Supporting facts
Open detailed findings →
Evidence
18
Distinct pages cited
Open verification →

Key findings are the highest-materiality statements. Context and supporting facts remain available below.

Start here

The short version, then the evidence

Read the summary first. Open the detailed findings when you want the supporting facts, and the verification chapter when you want to see how the record was checked.

See detailed findings →
01Read the summaryWhat the filed record shows at a glance. 02Open the evidenceSupporting facts and detailed findings. 03Check the sourceHow the figures and statements were checked.

Filing context

What the numbers, the board, and the ownership say

Filed figures, board records and ownership information in one view.

Balance sheet

Net assets have grown from £66.9bn in FY2020 to £78.2bn in FY2025 — a steady, unbroken build of financial strength. Cash of £229.8bn is the bank's working inventory: customer deposits and lending balances, not a pile of unallocated surplus.

Open filed source ↗
Board

Several directors hold parallel positions at Barclays Bank Plc and Barclays Capital Securities Limited — standard cross-appointment practice for large banking groups, ensuring governance consistency across regulated subsidiaries.

Open filed source ↗
Ownership

Barclays PLC is a listed company on the London Stock Exchange and NYSE — no single controlling shareholder; institutional ownership is typical for a company of this size and listing status. No PSC registration is expected or required for a widely-held listed PLC — ownership is fragmented across institutional and retail investors globally.

Open filed source ↗

Filed accounts · Chapter detail

The filing, chapter by chapter

Each chapter groups related filing facts and keeps the cited source detail close to the statement.

The Cash Reversal

Investing cash swung from a £17.9bn outflow to a £1.6bn inflow in twelve months.

+109%
Investing cash flow FY2024 -£17.9bn FY2025 £1.6bn
The source detail

That is a £19.5bn directional swing in a single line of the cash flow statement. In FY2024 Barclays was a net deployer of capital at scale; in FY2025 it was a net collector. The mechanism — whether asset disposals, loan book movements, or securities maturities — is not disclosed in the filing brief.

Source · Cash Flow Statement FY2024–FY2025

Profit Is Real

Every layer of the P&L moved in the same direction, and margins held.

Profit after tax

FY2024 £6.4bn
FY2025 £7.2bn
The source detail

Turnover rose £2.35bn to £29.1bn; operating profit followed to £11.4bn; profit after tax landed at £7.2bn. The tax charge grew proportionally to £1.93bn, so there is no sign of one-off reliefs flattering the bottom line. Operating margin sits at roughly 39%.

Source · Profit & Loss Account FY2024–FY2025

A Balance Sheet Built on Scale

£229.8bn in cash sits against £78.2bn of net assets — numbers that define a tier-one bank.

£229.8bn Cash & equivalents
vs
£78.2bn Net assets
The source detail

Cash holdings of £229.8bn reflect the sheer size of Barclays' treasury and lending operations, not a conventional corporate cash pile. Net assets grew £5.8bn year-on-year, entirely funded by retained earnings rather than any disclosed fresh equity raise.

Source · Balance Sheet FY2025

Who Controls Barclays?

No person of significant control is on record — ownership is fragmented below the 25% disclosure threshold.

  • No single controlling shareholder (PSC) Fragmented institutional ownership — no PSC recorded
  • Board (12 directors) Higgins (Chair), Venkatakrishnan (CEO) + 10 non-executives
  • Listed entity Barclays PLC — Company No. 00048839
  • Operating subsidiaries (below this entity — not detailed in this filing)

Source · PSC Register; Director appointments, Companies House

The Filing Timeline

Barclays has been filing under variants of its name since 1896 — and the most recent signals are routine.

  • 22 May 2026 SH01 share allotment filed; resolutions filed 6 June 2026
  • 1985 Renamed Barclays PLC (current)
  • 1982 Renamed Barclays Bank PLC
  • 1916 Renamed Barclays Bank Limited
  • 1896 Barclay & Company Limited incorporated

Source · Filing history, Companies House; Name history on record

Cross-chapter connections

Linked facts across the filing

Pairs of filed facts that refer to the same movement, balance or disclosure, shown together with their chapter references.

The £19.5bn swing in investing cash in [chapter 1] is the direct fuel behind the £19.6bn rise in cash holdings visible in [chapter 3] — the two figures are two sides of the same capital reallocation.

The share allotment filed in May 2026 ([chapter 5]) may explain part of the £5.8bn net-asset increase shown in [chapter 3], though the filing brief does not quantify the proceeds.

Additional filed details

Details from the filing

Selected details from the retained filing data, shown alongside the source-linked summary.

01

Director remuneration very low relative to scale

Consistent with a large group structure where executive pay is primarily structured through the group's remuneration framework, with long-term incentive plans and variable compensation sitting outside the basic remuneration line. The filed figure likely understates total executive reward at group level.

Open filed source ↗
02

Cash at 259.8% of profit — bank balance sheet effect

A ratio this high is consistent with a deposit-taking bank, where customer deposits sit on the balance sheet as both a liability and a cash asset. The 'cash' figure is not a free surplus — it funds the lending book. Readers should not interpret this as the group holding 25x its annual profit in spare cash.

Open filed source ↗
03

Several directors hold parallel roles in subsidiary entities

Cross-directorships across the parent and principal trading subsidiaries are a standard governance feature of large banking groups, allowing consistent policy and oversight to flow from the listed parent into regulated operating entities. Not a concern in isolation, but worth noting for anyone dealing with the subsidiary entities directly.

Open filed source ↗

Source-linked review · 28 findings

Detailed findings from the filed accounts

Segmental revenue · capital structure · strategic KPIs. Each material statement includes its filing-page reference.

01

Segment information

Investment Bank is the biggest profit earner — over half of group profit

Barclays Investment Bank reported profit before tax of £4,614m in 2025 (2024: £3,774m), representing approximately 50% of group profit before tax of £9,139m.

p.369 · 6 related findings

02

Reported indicators

Profit before tax up 13% to £9.1bn

Profit before tax rose from £8.1bn in 2024 to £9.1bn in 2025, a 12.7% increase.

p.3, p.20 · 10 related findings

03

Capital structure

Barclays paid 8.6p per share total dividend for 2025

The 2025 full year dividend is 8.6p per share: 3.0p interim paid September 2025, plus 5.6p final to be paid 31 March 2026. Total cash paid in dividends in 2025 was £1,213m.

p.59, p.151, p.193 · 9 related findings

+ Show all 28 detailed findings

Segment information (7)

01

Investment Bank is the biggest profit earner — over half of group profit

Barclays Investment Bank reported profit before tax of £4,614m in 2025 (2024: £3,774m), representing approximately 50% of group profit before tax of £9,139m.

p.369 Primary

02

Investment Bank revenue grew 11% to £13.1bn — driven by markets income

Barclays Investment Bank total income rose to £13,055m in 2025 from £11,805m in 2024, an increase of £1,250m or 11%. Global Markets income grew 15% to £8,654m.

p.369 Context

03

UK Corporate Bank profit jumped 33% — fastest-growing division

Barclays UK Corporate Bank (UKCB) profit before tax increased 33% to £970m in 2025 (2024: £731m). Total income rose 16% to £2,064m, with net interest income up 23% to £1,480m.

p.367 Context

04

US Consumer Bank profit up 26% but carries the highest bad-debt charge

Barclays US Consumer Bank profit before tax rose to £515m in 2025 (2024: £407m), but credit impairment charges jumped to £1,521m (2024: £1,293m) — the largest of any division relative to loans.

p.371 Context

05

Barclays UK remains a solid earner but profit dipped 5% year on year

Barclays UK profit before tax fell 5% to £3,413m in 2025 (2024: £3,580m), though total income rose 5% to £8,708m. The prior year included a one-off £556m day-1 gain from the Tesco Bank acquisition.

p.365, p.366 Supporting

06

Private Bank and Wealth Management profit fell 2% despite income growth

Barclays Private Bank and Wealth Management profit before tax decreased to £375m (2024: £383m) despite total income rising 5% to £1,380m. Operating costs rose 10% to £1,013m, pushing the cost:income ratio to 73%.

p.368 Supporting

07

No geographic segment split is separately disclosed in these pages

The pages extracted show results by business division only (Barclays UK, UKCB, Private Bank, Investment Bank, US Consumer Bank). A separate geographic revenue breakdown by country or region is not presented in these pages.

p.365, p.366, p.367, p.368, p.369, p.371 Supporting

Reported indicators (11)

01

Profit before tax up 13% to £9.1bn

Profit before tax rose from £8.1bn in 2024 to £9.1bn in 2025, a 12.7% increase.

p.3, p.20 Context

02

Return on equity rose to 11.3%, beating its own target

Return on tangible equity (RoTE) was 11.3% in 2025, up from 10.5% in 2024, ahead of the upgraded >11% target set in Q3 2025.

p.3, p.8, p.13 Context

03

CET1 capital ratio rose to 14.3%, well above minimum

Common Equity Tier 1 (CET1) ratio increased from 13.6% in 2024 to 14.3% in 2025, against a target range of 13–14%.

p.8, p.13 Context

04

Loan loss rate rose to 52bps, up from 46bps

The loan loss rate (credit impairment as a share of loans) increased from 46 basis points in 2024 to 52 basis points in 2025.

p.8, p.13 Context

05

Total income up 9% to £29.1bn, beating prior year

Group total income rose from £26.8bn in 2024 to £29.1bn in 2025, a 9% increase, with all five divisions contributing.

p.8, p.20 Context

06

Net interest income grew to £14.5bn from £12.9bn

Net interest income rose from £12,936m in 2024 to £14,501m in 2025, a 12% increase.

p.20 Context

07

Shareholder payout of £3.7bn, up 25% year-on-year

Total capital returned to shareholders for 2025 was £3.7bn, up from £3.0bn in 2024, a 23% rise.

p.3, p.5, p.6 Context

08

Earnings per share jumped 22% to 43.8p

Basic earnings per share rose from 36.0p in 2024 to 43.8p in 2025, a 21.7% increase.

p.3, p.6, p.20 Context

09

Cost-to-income ratio improved slightly to 61%

Cost-to-income ratio fell from 62% in 2024 to 61% in 2025, with over £700m of gross cost savings delivered in the year.

p.13, p.20 Supporting

10

No loan-to-deposit ratio explicitly disclosed at group level

Total loans were £430bn and total deposits were £566bn as at 31 December 2025, implying a loan-to-deposit ratio of roughly 76%.

p.20 Supporting

11

No net interest margin (NIM) figure explicitly disclosed

The annual report does not publish a single group-wide net interest margin percentage; only net interest income in pounds is shown.

p.20 Supporting

Capital structure (10)

01

Barclays paid 8.6p per share total dividend for 2025

The 2025 full year dividend is 8.6p per share: 3.0p interim paid September 2025, plus 5.6p final to be paid 31 March 2026. Total cash paid in dividends in 2025 was £1,213m.

p.59, p.151, p.193 Context

02

Share buybacks totalled £2,229m in 2025 across three programmes

Three buyback programmes ran during 2025: £1bn (Feb–Jul), £1bn (Jul–Nov), and £220m (Nov–Dec). In total 635.7m shares were bought back for £2,220m aggregate consideration, representing about 4.6% of issued share capital.

p.156, p.193 Context

03

A further buyback programme started in November 2025 and ran into 2026

A £220m buyback programme commenced 27 November 2025 and completed 30 January 2026. Between 1 January 2026 and 30 January 2026 a further 58.1m shares were repurchased for £280m.

p.156 Supporting

04

Distributable reserves stand at £20.2bn as at end of 2025

Distributable reserves of the Company were £20,234m at 31 December 2025 (2024: £20,866m).

p.156 Supporting

05

Total cash and liquidity is very large at £229.8bn

Cash on the balance sheet is £229,752m as reported in the headline figures provided.

Open filed source ↗ Supporting

06

Net assets (equity) stand at £78.2bn

Net assets are £78,236m as reported in the headline figures.

Open filed source ↗ Supporting

07

Capital and MREL ratios monitored out to end of 2027

The viability assessment considered forecast CET1 and total capital ratios, as well as the build-up of minimum requirement for own funds and eligible liabilities (MREL) up to end of 2027.

p.57 Supporting

08

Stress tests show the Group stays viable under a severe recession

The internal stress test used a 'Global Fragmentation' scenario with UK GDP contracting 4.8%, unemployment peaking at 8.1%, and US GDP declining sharply. Under this scenario Barclays remained viable on profitability, capital, liquidity and leverage measures.

p.58 Supporting

09

Total group compensation costs rose to £9,253m in 2025

Group compensation costs were £9,253m in 2025 (2024: £8,758m), split £7,171m non-performance and £2,082m performance-related.

p.193 Supporting

Structured filing detail

Supporting figures extracted from the filing

Segmental revenue, named indicators with year-on-year movements, and capital-structure figures taken from the source filings.

Segmental analysis

Revenue & operating profit by business division

Segment Revenue (latest) Operating profit Rev YoY
Barclays UK €8708 €3413 +5.2%
Barclays UK Corporate Bank €2064 €970 +16.0%
Barclays Private Bank and Wealth Management €1380 €375 +5.4%
Barclays Investment Bank €13055 €4614 +10.6%
Barclays US Consumer Bank €3681 €515 +10.7%

Top-segment revenue concentration: 44.8%

Strategic KPIs

4 flagship metrics · 7 supporting

Return on Tangible Equity (RoTE)
11.3%
+7.6% YoY
Common Equity Tier 1 (CET1) ratio
14.3%
+5.1% YoY
Cost-to-income ratio
61%
-1.6% YoY
Loan loss rate (LLR)
£52
+13.0% YoY
+ Show 7 supporting KPIs
Profit before tax
£9k
+12.7% YoY
Total income
£29k
+8.8% YoY
Net interest income
£15k
+12.1% YoY
Basic earnings per share
£44
+21.7% YoY
Total capital return to shareholders
£4k
+23.3% YoY
Tangible net asset value per share
£409
+14.6% YoY
Implied loan-to-deposit ratio
75.97%

Capital structure

Debt, cover, and dividend posture

Dividend prior year
£1.2bn

Open questions from the filing

Questions raised by the disclosed data

These questions are based on information that was not present or not clear in the retained filing data.

Verification gaps

What the filings don't disclose

These are items not present or not clear in the retained filing data. They are shown so the limits of the source are easy to see.

No geographic revenue breakdown by country or region is available in the extracted pages, limiting assessment of country-level concentration risk.

08 · Sources

The filing trail

100 filings · Companies House

Filing distribution

SH06
73%
73
SH03
16%
16
SH01
8%
8
AA
1
RESOLUTIONS
1
TM01
1

Latest filings

25 Jun 2026 SH03 Capital return purchase own shares 23 Jun 2026 SH06 Capital cancellation shares 23 Jun 2026 SH06 Capital cancellation shares 23 Jun 2026 SH06 Capital cancellation shares 23 Jun 2026 SH06 Capital cancellation shares 23 Jun 2026 SH06 Capital cancellation shares 23 Jun 2026 SH06 Capital cancellation shares 23 Jun 2026 SH06 Capital cancellation shares 23 Jun 2026 SH06 Capital cancellation shares 23 Jun 2026 SH06 Capital cancellation shares 23 Jun 2026 SH03 Capital return purchase own shares 23 Jun 2026 SH03 Capital return purchase own shares

Catalyst timeline

Filing pattern + upcoming windows

100 filings · 2026 → 2027
Accounts Officers Capital Resolutions Other
2026 2027 2028 Accounts due Confirmation due
2027Annual accounts

Next annual accounts due

Due at Companies House by 30 June 2027 for the period ending 31 December 2026.

2026Confirmation

Next confirmation statement due

Annual confirmation due by 15 November 2026 (made up to 1 November 2026).

Summary · What the filing shows

What we found

Filing evidence displayed Verif-AI is showing source-linked filing evidence, calculated indicators, and review notes.
Source-linked summary

Barclays turned £29.1bn in revenue into £18.7bn of operating cash — a 163% cash surge that dwarfs its earnings growth.

FY2025 accounts

Open Companies House filing history ↗

Source-linked findings

What supports this summary

Three source-linked facts support this summary. The remaining material is available under Detailed findings.

01

Investment Bank is the biggest profit earner — over half of group profit

Barclays Investment Bank reported profit before tax of £4,614m in 2025 (2024: £3,774m), representing approximately 50% of group profit before tax of £9,139m.

Filing context: If the investment bank hits a bad patch — say markets turn volatile or deal flow dries up — it could drag down the whole group's profits significantly.

p.369

09 · Verification

How we know

100 filings · 12 active directors · 436 pages

Retained source method: filed iXBRL. The report also uses the Companies House company, officer and filing records stored with this brief.

3 generated statements were withheld because they did not agree with the structured filing data.

Figures are as filed by the company — Companies House does not verify the accuracy of information filed. Verif-AI checks internal consistency and flags anomalies, but cannot confirm the underlying figures are correct.

Reconciliation

All 15 reconciled lines tie exactly to the filed iXBRL data

Every balance-sheet and profit & loss line traced to where we read it in the filing. iXBRL — read from the company's filed machine-readable tags, with the source label retained. PDF — read from the filed accounts document, with the supporting note cited so you can check it. Flagged — our consistency check marked it for a closer look.

Line Our figure Source in filing Reconciliation
Profit & loss · p.362
Turnover £29.1bn iXBRL ✓ Ties to filing
Administrative expenses −£2.7bn iXBRL ✓ Ties to filing
Operating profit £11.4bn iXBRL ✓ Ties to filing
Profit before tax £9.1bn iXBRL ✓ Ties to filing
Tax −£1.9bn iXBRL ✓ Ties to filing
Profit after tax £7.2bn iXBRL ✓ Ties to filing
Depreciation & amortisation £1.8bn iXBRL ✓ Ties to filing
Balance sheet · p.363
Intangible assets £8.3bn iXBRL ✓ Ties to filing
Tangible assets £3.7bn iXBRL ✓ Ties to filing
Cash £229.8bn iXBRL ✓ Ties to filing
Deferred tax −£13m iXBRL ✓ Ties to filing
Provisions £1.7bn iXBRL ✓ Ties to filing
Net assets £78.2bn iXBRL ✓ Ties to filing
Share capital £4.2bn iXBRL ✓ Ties to filing
Profit & loss reserves £59.3bn iXBRL ✓ Ties to filing

15 read from filed iXBRL tags · 0 from the filed PDF.

What we read

Companies House filings

Total filings 100 2026 → 2026
Accounts filings 1 accounts documents
Officer events 1 appointments + terminations
Capital events 97 share allotments + buybacks

Who we cross-checked

UK director appointment network

Directors verified 12 incl. 1 corporate officer
Records cross-referenced 27.8m UK appointments dataset
Avg failure rate 0.8% across prior appointments
Phoenix scan 0 directors flagged

Screening status

Independent checks completed

No critical filing notesNo critical source pattern Sanctions check · No matchScreening completed Politically-exposed persons · None foundPEP screen · 0 hits Audit status withheld — structured records disagreeKPMG LLP Auditor · KPMG LLP Status · Active

Screened 100 names (registered company + officers/PSCs) against live lists: FCDO Consolidated UK Sanctions List — 57503 entries, refreshed 04 July 2026 · OFAC SDN (US Treasury) + akaName aliases + relationship graph — 39437 entries, refreshed 04 July 2026 · EU Consolidated Financial Sanctions — 29880 entries, refreshed 04 July 2026 · UK Parliament — current Members of Commons & Lords — 1441 entries, refreshed 04 July 2026 · Companies House — Disqualified Directors register, checked 04 July 2026.

Steps we ran

How the report was assembled

Pages read 436 PDF pages analysed
Steps run 9 0 skipped · 9 completed
Source checks 3 recorded review stages
Years analysed 6 filing periods shown

Pipeline — what ran on this report

Read PDF accounts 436 pages Classify filing Extract audit notes Compliance screening Cross-check directors Build company timeline Plain-English analysis Capital structure review Processing filing

Limits and caveats

Limits of this brief

01

Peer comparison

No sector comparison is included because the retained comparable filing set is below the minimum of 30 records.

02

Persons with significant control

No persons with significant control are recorded against this entity in the retained Companies House PSC data.

Plain-English glossary · 8 terms
Net Assets
What the company owns minus what it owes — the financial value left over for shareholders.
In this filing: Barclays' net assets are £78.2bn — a very large buffer that absorbs losses before shareholders are affected.
Profit Before Tax (PBT)
What the company earned after all costs but before paying the government's cut.
In this filing: Barclays made £9.1bn PBT in FY2025 — up 12.7% on the year before.
Turnover (Revenue)
The total amount of money the company brought in from its business activities before any costs are taken out.
In this filing: Barclays' revenue was £29.1bn in FY2025 — the highest in the six-year data window.
Cash at Bank
The actual money sitting in the company's bank accounts right now — the most liquid asset it has.
In this filing: Barclays holds £229.8bn in cash. For a bank, this includes customer deposits held on the balance sheet — it is not all 'spare' money the group can spend freely.
Shareholders' Funds
The total amount that belongs to the owners of the company — what they'd get if the business were wound up and all debts paid.
In this filing: Barclays' shareholders' funds were £71.2bn in FY2023 (most recent filed figure) — a very substantial equity base.
Current Liabilities
Bills and debts the company has to pay within the next 12 months.
In this filing: Barclays had £598.8bn in current liabilities in FY2021 — mainly customer deposits, which are repayable on demand. This is normal for a deposit-taking bank.
Debtors
Money owed TO the company by customers or other parties.
In this filing: Barclays had £361.5bn in debtors in FY2021 — largely loans made to customers, which is the core of a bank's lending business.
Cash Conversion
How much of the profit the company turns into actual cash from running the business.
In this filing: Barclays' cash conversion is 259.8% — above 100% because customer deposits sitting on the balance sheet add to cash far beyond what trading profit alone generates.