Barclays Q2 profit before tax rises 31% to £3.3 billion; revenue climbs 16% to £8.3 billion - BCS News | RalliesBarclays Q2 profit before tax rises 31% to £3.3 billion; revenue climbs 16% to £8.3 billion
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BCS• Capital returns and outlook
- Announced total capital distributions of £2.3 billion for H1 2026, including a £1 billion buyback and a 5.9p per-share dividend.
- Upgraded the 2026 group income target to about £31.5 billion; CEO C. S. Venkatakrishnan said Barclays is on track for 2026 and 2028 targets.
Barclays reports higher second-quarter profit and revenue
- Barclays posted Q2 2026 profit before tax of £3.3 billion, up 31% year-on-year, with EPS rising 43% to 16.7p.
- Total income climbed 16% to £8.3 billion, while the cost-to-income ratio improved 5 percentage points to 54%.
- CET1 ratio was 14.3%, above the 13%–14% target range; it would fall to 14% after the new £1 billion buyback.
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