Slide 1: Q2 2026 Results Presentation
Q2 2026 Results Presentation 28th July 2026
Slide 2: Group Q226 performance against financial targets
Group Q226 performance against financial targets Barclays Q2 2026 Results July 2026 2 Targets Q226 actuals H126 actuals 2026 targets 2028 targets Statutory RoTE 16.1% 14.8% >12% >14% Progressive increase vs >£15bn2 £1.8bn £2.3bn Total payout Dividend: £0.8bn Dividend: £0.8bn 20252 With capacity to s
Slide 3: Q226 performance summary
Q226 performance summary Barclays Q2 2026 Results July 2026 3 Statutory RoTE Q226 H126 Barclays UK 20.4% 20.1% Execution progress FY26 target: >20% Announced £2.3bn of capital distributions for H126 UK Corporate Bank FY26 target: high teens% 21.3% 20.6% (+61% YoY) Realised c.£350m of gross cost effi
Slide 4: RoTE momentum grounded in delivery of external targets
RoTE momentum grounded in delivery of external targets Barclays Q2 2026 Results July 2026 4 Group RoTE >14% >12% 11.3% 12.2% 10.5% 9.0% 2023 2024 2025 Last 12 months 2026 2028 Targets Group income Investment Bank income / average RWAs £16.5bn vs c.£31.5bn target1 6.9%2 vs >5.5% target 2025-28 target
Slide 5: UK economic trends conducive to banks’ balance sheet growth
UK economic trends conducive to banks’ balance sheet growth Barclays Q2 2026 Results July 2026 5 Constructive macro backdrop in the UK1 UK corporate debt-to-GDP at a multi-decade low2 US UK Eurozone 100% Nominal GDP 90% Real GDP 80% Real wage growth 70% House Price Index 60% 50% Unemployment rate 40
Slide 6: Barclays Group Q226 and H126
Barclays Group Q226 and H126 Barclays Q2 2026 Results July 2026 6 Q226 H126 16.1% £3.3bn 14.8% £6.1bn Statutory RoTE Profit before tax Statutory RoTE Profit before tax Q225: 12.3% Q225: £2.5bn H125: 13.2% H125: £5.2bn £8.3bn £0.6bn £16.5bn £1.4bn Income Impairment Income Impairment Q225: £7.2bn Q225
Slide 7: Group delivered Q226 RoTE of 16.1%; earnings growth driving EPS
Group delivered Q226 RoTE of 16.1%; earnings growth driving EPS Barclays Q2 2026 Results July 2026 7 Group RoTE (%) Earnings per share (p) +43% Profit before impairment +29% 4% tangible equity growth (1.5) 16.7 (0.6) (0.5) 11.9 11.7 6.41 8.6 8.3 6.4 Q221 Q222 Q223 Q224 Q225 Q226 Operating jaws +9% E
Slide 8: Group income of £8.3bn, up 16% YoY; upgrading FY26 guidance
Group income of £8.3bn, up 16% YoY; upgrading FY26 guidance to c.£31.5bn Barclays Q2 2026 Results July 2026 8 Group income (£bn) +16% YoY YoY QoQ 8.2 8.3 0.8 0.7 +32% -1% c.£31.5bn income target in FY26 7.2 c.£31bn previously Investment 0.6 1.7 +19% -7% 6.3 1.8 Banking fees & underwriting 0.7 1.4 Mo
Slide 9: Group NII of £3.4bn, up 10% YoY; upgrading FY26 guidance
Group NII1 of £3.4bn, up 10% YoY; upgrading FY26 guidance to >£13.7bn Barclays Q2 2026 Results July 2026 9 Net interest income (£bn) +10% YoY 3.4 3.4 3.1 2026 Group NII1 guidance: >£13.7bn Previously >£13.5bn 2.7 1.4 1.4 UK Corporate Bank, 1.2 2026 Barclays UK NII guidance: £8.1-£8.3bn Private Bank
Slide 10: Structural hedge expected to deliver income growth beyond 2028
Structural hedge expected to deliver income growth beyond 2028 Barclays Q2 2026 Results July 2026 10 Continued structural hedge momentum Hedge notional (£bn) Q226: 4.3% GBP 7yr average10000 3.9% swap rate1 246 236 242 243 5000 232 Average 14000 2.5% Q226: 2.9% hedge yield2 12000 0 10000 +>£1bn Produ
Slide 11: 54% cost: income ratio in Q226; FY26 target of high 50s%
54% cost: income ratio in Q226; FY26 target of high 50s% 11 Barclays Q2 2026 Results July 2026 Cost: income ratio (%) Group total costs (£m) Q224 Q225 Q226 2026 target Anticipate up to £500m SCAs in H21 £100-£150m in H2 for MRT2 compensation mix changes 63 59 YoY Group 54 High 50s% c.50 c.60 c.(200)
Slide 12: Q226 LLR of 51bps; through the cycle guidance of 50-60bps
Q226 LLR of 51bps; through the cycle guidance of 50-60bps Barclays Q2 2026 Results July 2026 12 Loan loss rate (bps) Impairment charge (£m) 190 US Consumer Bank 562 558 555 309 312 346 5052 491 438 456 140 411 395 Q224 Q225 Q226 Group 90 469 571 743 384 661 61 572 Q224 Q225 Q226 48 51 44 38 37 40 49
Slide 13: Lower than expected delinquency rates in Q2
Lower than expected delinquency rates in Q2 Barclays Q2 2026 Results July 2026 13 30 day US cards delinquencies 2.9% 3.0% 3.0% 3.0% 2.8% 2.9% 3.0% 3.1% 2.9% 90 day US cards delinquencies 1.6% 1.6% 1.6% 1.6% 1.6% 1.5% 1.6% 1.7% 1.6% USCB loan loss rate1 (bps) 438 411 395 562 456 5055 558 491 555 USCB
Slide 14: On track to deploy c.£30bn UK RWA by 2026
On track to deploy c.£30bn UK RWA by 2026; UK lending growth 5% YoY Barclays Q2 2026 Results July 2026 14 Continued strong net mortgage growth Card acquisitions driving balance growth YoY HLTV mix1 14% 18% 22% 26% 23% 26% 23% 21% Card 251 288 386 374 371 317 364 349 acquisitions3 (k) 10.0 +6% 9.6 9.
Slide 15: Drivers behind the momentum in UK Corporate Bank
Drivers behind the momentum in UK Corporate Bank Barclays Q2 2026 Results July 2026 15 Lending and investment not prioritised until 2024 Lending growth across new and existing clients FY23 Q226 Loans (£bn) New clients (#) Peers: c.70% from new clients c.40% new clients have loans +4% c.50-75%1 +19%
Slide 16: Barclays UK Q226 and H126
Barclays UK Q226 and H126 Barclays Q2 2026 Results July 2026 16 Q226 H126 20.4% £0.9bn 20.1% £1.8bn Statutory RoTE Profit before tax Statutory RoTE Profit before tax Q225: 19.7% Q225: £0.8bn H125: 18.6% H125: £1.6bn £2.3bn £2.0bn £4.5bn £4.0bn Income Net Interest Income Income Net Interest Income Q2
Slide 17: Barclays UK delivered Q226 RoTE of 20.4%
Barclays UK delivered Q226 RoTE of 20.4% Barclays Q2 2026 Results July 2026 17 RoTE (%) Income by business (£m) YoY Total costs (£m) YoY 2,119 2,258 2,259 +7% 1,887 533 548 +5% Business 520 485 Banking 1,195 1,217 1,195 0% 1,045 Retail 1,599 1,725 1,711 +7% 1,402 Banking Q224 Q225 Q126 Q226 Q224 Q22
Slide 18: Positive deposit trends; eighth consecutive quarter of organic loan growth
Positive deposit trends; eighth consecutive quarter of organic loan growth Barclays Q2 2026 Results July 2026 18 Barclays UK deposit balances and mix (£bn) Barclays UK loans and advances1 (£bn) -£1.8bn +£0.2bn +£3.1bn -£0.7bn +£ 1.7bn +£1.6bn +£2.2bn +£3.1bn +£1.3bn +£3.0bn YoY YoY 245 244 246 +2% 2
Slide 19: UK Corporate Bank Q226 and H126
UK Corporate Bank Q226 and H126 Barclays Q2 2026 Results July 2026 19 Q226 H126 21.3% £0.3bn 20.6% £0.6bn Statutory RoTE Profit before tax Statutory RoTE Profit before tax Q225: 16.6% Q225: £0.2bn H125: 16.8% H125: £0.4bn £0.6bn £0.2bn £1.1bn £0.5bn Income Costs Income Costs Q225: £0.5bn Q225: £0.3b
Slide 20: UK Corporate Bank delivered Q226 RoTE of 21.3%
UK Corporate Bank delivered Q226 RoTE of 21.3% Barclays Q2 2026 Results July 2026 20 RoTE (%) Income by product (£m) YoY Income by type (£m) YoY 530 558 +8% 21.2 558 +8% 519 519 530 96 443 136 145 -9% 443 90 89 +7% 160 Corporate 57 Non-NII 147 lending Transaction 429 441 462 +8% 359 394 413 +15% 386
Slide 21: Private Bank & Wealth Management Q226 and H126
Private Bank & Wealth Management Q226 and H126 Barclays Q2 2026 Results July 2026 21 Q226 H126 26.9% £0.1bn 26.1% £0.2bn Statutory RoTE Profit before tax Statutory RoTE Profit before tax Q225: 31.9% Q225: £0.1bn H125: 33.2% H125: £0.2bn £0.4bn £0.3bn £0.7bn £0.5bn Income Costs Income Costs Q225: £0.
Slide 22: Private Bank & Wealth Management delivered Q226 RoTE of 26.9%
Private Bank & Wealth Management delivered Q226 RoTE of 26.9% Barclays Q2 2026 Results July 2026 22 RoTE (%) Income by type (£m) YoY Total costs (£m) Expect to build QoQ in 2026 YoY 366 +5% 348 347 320 145 143 150 +3% Non-NII 133 +12% 238 257 267 219 NII 187 203 204 216 +6% Q224 Q225 Q126 Q226 Q224
Slide 23: Investment Bank Q226 and H126
Investment Bank Q226 and H126 Barclays Q2 2026 Results July 2026 23 Q226 H126 16.0% £1.7bn 15.5% £3.3bn Statutory RoTE Profit before tax Statutory RoTE Profit before tax Q225: 12.2% Q225: £1.3bn H125: 14.2% H125: £3.0bn £4.0bn £2.2bn £8.0bn £4.3bn Income Costs Income Costs Q225: £3.3bn Q225: £1.9bn
Slide 24: Operational performance on track in Investment Bank
Operational performance on track in Investment Bank Barclays Q2 2026 Results July 2026 24 Maintaining capital discipline Driving efficiency of capital Growing more stable income streams Period-end IB RWAs (£bn) c.40% increase Income / average RWAs (%) 39% from stable income streams in Q226 (£bn) YoY
Slide 25: Investment Bank delivered Q226 RoTE of 16.0%
Investment Bank delivered Q226 RoTE of 16.0% Barclays Q2 2026 Results July 2026 25 RoTE (%) Investment Bank income (£m) YoY 4,028 3,958 +20% 3,307 3,019 2,559 2,419 +22% Other income2 1,730 1,976 More stable 1,469 1,539 +16% 1,289 1,3314 income streams3 Q224 Q225 Q126 Q226 16.0 15.0 Investment Bank
Slide 26: Income up 20% YoY; strong performance in Equities, Advisory and ECM
Income up 20% YoY; strong performance in Equities, Advisory and ECM Barclays Q2 2026 Results July 2026 26 Global Markets Investment Banking Investment Income by product (£m) Income by type (£m) Income (£m) Banking fees +30% USD YoY1 +18% YoY +18% YoY +17% USD +24% YoY +17% USD YoY 2,832 YoY 1,226 Yo
Slide 27: US Consumer Bank Q226 and H126
US Consumer Bank Q226 and H126 Barclays Q2 2026 Results July 2026 27 Q226 H126 10.5%1 £0.3bn | $0.5bn 14.9%1 £0.6bn | $0.8bn RoTE Profit before tax RoTE Profit before tax Q225: 10.2% Q225: £0.1bn | $0.2bn H125: 7.3% H125: £0.2bn | $0.2bn $41.2bn £1.1bn | $1.5bn $41.2bn £2.1bn | $2.9bn End net receiv
Slide 28: Operational performance on track in US Consumer Bank
Operational performance on track in US Consumer Bank 28 Barclays Q2 2026 Results July 2026 Organic and inorganic balance growth Margin tracking to >13% Rebalancing mix towards retail Reported End Net Receivables ($bn) Sale of c.$6.5bn Net interest margin (%) Card balances with retail partners (%)2 o
Slide 29: US Consumer Bank delivered Q226 RoTE of 10.5% excluding gain on sale
US Consumer Bank delivered Q226 RoTE of 10.5% excluding gain on sale Barclays Q2 2026 Results July 2026 29 Best Egg: c.$45m YoY per month from YoY RoTE (%) Income by type (£m) Total costs (£m) May 26 1,136 +38% +38% USD 983 819 823 160 4043 +121% 30.22 +122% USD Non-NII 173 183 444 +12% 410 396 380
Slide 30: Robust capital position with 14.3% CET1 ratio
Robust capital position with 14.3% CET1 ratio (14.0% pro-forma) Barclays Q2 2026 Results July 2026 30 Q226 CET1 ratio movements 115bps H126 (14bps) (4bps) (3bps) 62bps (27bps) (14bps) 14.3% 14.1% 14.0% 13.9% Q126 Q126 announced Pro-forma Attributable Dividend RWA Other Q226 Q226 announced Pro-forma
Slide 31: Group RWAs were stable in Q2
Group RWAs were stable in Q2 Barclays Q2 2026 Results July 2026 31 Risk weighted assets (£bn) IB % of Group: 58% 56% 55% Driven by AA portfolio sale 56% 1.5 (0.7) (0.2) 2.4 (3.3) 0.5 Driven by SRTs 351.4 353.0 364.5 364.8 Q224 Q225 Q126 Barclays UK UK Corporate Private Bank Investment US Consumer He
Slide 32: Consistent capital and liquidity over time
Consistent capital and liquidity over time Barclays Q2 2026 Results July 2026 32 Historical performance 15.1% 14.3% 13-14% target CET1 ratio 12.2% MDA 2021 2022 2023 2024 2025 Q226 75% 70% Loan: deposit Prudent LDR over time ratio 2021 2022 2023 2024 2025 Q226 Average Liquidity 160% 158% >100% regul
Slide 33: Tangible book value per share +39p (+10% YoY)
Tangible book value per share +39p (+10% YoY) Barclays Q2 2026 Results July 2026 33 QoQ TNAV movements (pence per share) 16 (1) 4 (1) +5% 392 409 405 423 QoQ Q325 Q425 Q126 Attributable profit¹ Share buyback Cash flow Other² Q226 hedge reserve YoY TNAV movements (pence per share) 49 (2) (9) (2) 3 +1
Slide 34: Group Q226 performance against financial targets
Group Q226 performance against financial targets Barclays Q2 2026 Results July 2026 34 Targets Q226 actuals H126 actuals 2026 targets 2028 targets Statutory RoTE 16.1% 14.8% >12% >14% Progressive increase vs >£15bn2 £1.8bn £2.3bn Total payout Dividend: £0.8bn Dividend: £0.8bn 20252 With capacity to
Slide 35: Why Barclays
Why Barclays Barclays Q2 2026 Results July 2026 35 1 High returning UK retail and corporate franchises 2 Top-tier global Investment Bank with focus and scale, operating in core UK and US markets 3 Disciplined capital allocation driving growth within higher returning divisions and greater RWA product
Slide 36: Q&A
Q&A
Slide 37: Appendix
Appendix
Slide 38: Better returns: through business mix and improved performance
Better returns: through business mix and improved performance Barclays Q2 2026 Results July 2026 38 Statutory RoTE 2023 2025 2026 2028 2023 vs 2025 2025 vs 2028 19% 21% >20% >20% Barclays UK c.£20bn of c.£30bn UK >5% lending CAGR Improving mix business growth RWAs 21% 19% High teens >20% Further RWA
Slide 39: Plan continues to be based on realistic assumptions
Plan continues to be based on realistic assumptions Barclays Q2 2026 Results July 2026 39 UK Unemployment UK Inflation UK Rates 4.5% 4.4% 4.5% 7 year GBP swap rate 3.8% Market implied1 Hedge reinvestment 3.5% 3.5% 3.5% 5.4% Consensus1 5.1% 5.1% 5.1% Consensus1 3.4% rate 3.2% 10th Feb 10th Feb 2026 C
Slide 40: Global Markets risk managed prudently
Global Markets risk managed prudently Barclays Q2 2026 Results July 2026 40 Global Markets: VaR Global Markets: Daily trading income distribution2 Russia/ US banking £60m Ukraine crisis Average H121-25 H126 £40m Average Zero loss days VaR1 £21m in Q2 £20m <£0m £0-15m £16-30m £31-50m £50m+ Average 2
Slide 41: Investment Bank: growing stable income streams, seasonal intermediation
Investment Bank: growing stable income streams, seasonal intermediation 41 Barclays Q2 2026 Results July 2026 1,805 1,826 1,672 1,690 2,056 1,408 1,051 Intermediation 1,622 1,587 1,082 1,119 855 1,132 1,435 1,470 1,051 781 1,014 486 936 720 754 747 582 644 646 603 472 679 568 606 614 Investment 375
Slide 42: Impairment: maintaining Group through the cycle LLR guidance of 50-60bps
Impairment: maintaining Group through the cycle LLR guidance of 50-60bps Barclays Q2 2026 Results July 2026 42 Group has operated within 50-60bps LLR for the past decade Structurally lower UK impairment BUK: c.30bps LLR through the cycle Q226 90d+ arrears 138 Group LLR Mortgages Average LLR between
Slide 43: Well provisioned balance sheet
Well provisioned balance sheet Barclays Q2 2026 Results July 2026 43 Balance sheet provisions for ECL (£bn) Credit impairment charges (£m) 823 6.0 6.0 Off-balance sheet 0.4 0.4 178 3 571 On-balance sheet 5.6 5.5 279 160 Barclays UK 16 UK Corporate Bank 44 Investment Bank Q126 Q226 Gross exposure on
Slide 44: Long-term prudent risk positioning in our credit card portfolios
Long-term prudent risk positioning in our credit card portfolios Barclays Q2 2026 Results July 2026 44 UK cards1 US cards2 15.7 16.7 22.8 24.0 23.3 11.5 21.3 21.0 9.3 10.2 17.1 Net L&A3 (£bn) 8.8 8.8 Net L&A3 (£bn) 14.1 16.0% 14.2% 13.9% 10.9% 12.4% 11.1% 10.1% 11.2% 7.1% 6.1% 8.4% 9.0% Total covera
Slide 45: Our US Cards book is high quality and stable, with no signs of stress
Our US Cards book is high quality and stable, with no signs of stress Barclays Q2 2026 Results July 2026 45 US consumer indebtedness lower versus historic levels1 Our book is positioned in the super-prime segment 2008 crisis Pandemic 790 10% 25% Super-prime 740 8% 20% Prime 690 Q226 USCB 6% 15% Near
Slide 46: Resilient mortgage book; leveraging capabilities of Kensington
Resilient mortgage book; leveraging capabilities of Kensington Barclays Q2 2026 Results July 2026 46 Mortgage portfolio Kensington adding capabilities to Barclays UK • 56.5% average balance weighted LTV of mortgage stock Ability to lend to high-yield, low risk customers with complex incomes o 42.7%
Slide 47: Structured financing exposure to NBFIs
Structured financing exposure to NBFIs Barclays Q2 2026 Results July 2026 47 Q226: £65bn1 Securitised Products • Warehouse solutions, often with intention to distribute o Skew towards top tier counterparties with high frequency reporting of collateral performance o Senior attachment points: c.80% /
Slide 48: Private Credit illustrative example
Private Credit illustrative example Barclays Q2 2026 Results July 2026 48 At inception 10% asset value decline Investors Bank Investors Bank >£150m >£150m investment investment committed committed £200m £200m senior secured senior secured Private Credit fund debt, with Private Credit fund debt, with
Slide 49: Risk transfer transactions enhance Barclays’ risk management capabilities
Risk transfer transactions enhance Barclays’ risk management capabilities Barclays Q2 2026 Results July 2026 49 Q226: £64bn1 risk transferred • Outright sale of assets Cash • Assets either derecognised from balance sheet or remain on balance sheet with capital relief achieved £6bn structures through
Slide 50: CET1 ratio in relation to our minimum requirements
CET1 ratio in relation to our minimum requirements Barclays Q2 2026 Results July 2026 50 Q226: CET1 minimum requirements MDA 12.2% CCyB 1.0% CCB 2.5% • Have been operating around the top end of our 13-14% CET1 target range • Returns and distributions targets based on operating around this level 14.3
Slide 51: Guidance on regulatory driven RWA inflation
Guidance on regulatory driven RWA inflation Barclays Q2 2026 Results July 2026 51 c.£19-26bn total RWA impact • FRTB1 impact mostly expected in 2027. Likely to use option to defer elements of FRTB to 20282 Basel 3.1: 1st January 2027 • Partial offset in Pillar 2A expected on 1st January 20273 c.£8-1
Slide 52: Diverse and growing deposit base
Diverse and growing deposit base Barclays Q2 2026 Results July 2026 52 Group deposit base £594bn, +1% QoQ, +5% YoY, +10% since 2023 586 588 594 565 575 Corporates & SME QoQ YoY Since FY23 Investment Bank £162bn +3% +9% +22% 297 296 303 of which: International Corporate Bank1 £120bn +4% +12% +39% 286
Slide 53: Low interest rate sensitivity
Low interest rate sensitivity Barclays Q2 2026 Results July 2026 53 Illustrative -25bps interest rate sensitivity1 • Illustrative impact on Group income from a 25bps Year 1 Year 2 Year 3 parallel shift in interest rate curves Swap rates £(50)m £(150)m £(240)m • Sensitivity is based on a constant bal
Slide 54: Additional appendix slide
Additional appendix slide Barclays Q2 2026 Results July 2026 54 Barclays UK: Income by business (£m) 2023 2024 2025 2026 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Retail Banking 1,500 1,481 1,403 1,309 1,357 1,402 1,433 2,0782 1,573 1,599 1,708 1,702 1,725 1,711 Of which: UK Cards1 247 237 238 242 2
Slide 55: Macroeconomic variables
Macroeconomic variables Barclays Q2 2026 Results July 2026 55 Assumptions 20252 2026 2027 2028 UK GDP3 1.4% 1.3% 1.5% 1.4% UK unemployment4 5.1% 4.8% 4.8% 4.8% UK bank rate5 3.75% 3.50% 3.75% 3.75% Hedge reinvestment rate 3.8%6 3.5% 3.5% 3.5% UK inflation7 3.4% 2.5% 2.2% 2.2% Plan (10th February 202
Slide 56: Progress across our sustainability and community initiatives
Progress across our sustainability and community initiatives Barclays Q2 2026 Results July 2026 56 Delivering on our climate ambition Positive impacts in communities Sustainable and Transition finance facilitated Skills and employability $318.0bn cumulative as of H126 vs. target of $1trn between 202
Slide 57: Disclaimer
Disclaimer Barclays Q2 2026 Results July 2026 57 Important Notice The terms Barclays or Group refer to Barclays PLC together with its subsidiaries. The information, statements and opinions contained in this presentation do not constitute a public offer under any applicable legislation, an offer to s
Slide 58: Contact details, upcoming events and useful presentations
Contact details, upcoming events and useful presentations Barclays Q226 Results July 2026 58 Investor Relations Upcoming events barclays.ir@barclays.com 22nd October 2026 Q326 results 9th February 2027 FY26 results Useful presentations Progress and targets update 2026 Link Progress update 2025 Link