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Barclays Plc (BCS)
NYSE:BCS
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Barclays
(NYSE:BCS)
74Outperform
Barclays (BCS) vs. S&P 500 (SPY)
Market Cap
$61.61B
Dividend Yield2.45%
Average Volume (3M)15.32M
Price to Earnings (P/E)8.8
Beta (1Y)1.24
Revenue Growth11.33%
EPS Growth47.74%
CountryUS
Employees93,000
SectorFinancial
Sector Strength85
IndustryBanks - Diversified
Share Statistics
EPS (TTM)0.69
Shares Outstanding3,563,557,600
10 Day Avg. Volume13,841,652
30 Day Avg. Volume15,324,992
Financial Highlights & Ratios
PEG Ratio0.36
Price to Book (P/B)0.71
Price to Sales (P/S)0.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusModerate Buy
Number of Analyst Covering1
Barclays Business Overview & Revenue Model
Company DescriptionBarclays PLC provides various financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK; Barclays UK Corporate Bank; Barclays Private Bank and Wealth Management; Barclays Investment Bank; and Barclays US Consumer Bank segments. It offers financial services, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services, as well as lending products. In addition, the company engages in securities dealing activities and issuing of credit cards. The company was formerly known as Barclays Bank public limited company and changed its name to Barclays PLC in January 1985. Barclays PLC was founded in 1690 and is headquartered in London, the United Kingdom.
How the Company Makes MoneyBarclays generates revenue through several key streams. Its retail banking division earns income from interest on loans and mortgages, as well as fees from account services and transactions. The credit card segment contributes through interest charges on outstanding balances and interchange fees from merchants. The corporate and investment banking division is a major revenue driver, earning from advisory services, underwriting, trading activities, and market-making. Additionally, wealth management services provide fees from asset management and advisory services. Significant partnerships with other financial entities and technological investments also enhance Barclays' ability to offer competitive services, contributing to its earnings.
Barclays Financial Statement Overview
Summary
Barclays has demonstrated strong financial health with notable revenue growth and profitability, a stable balance sheet with zero debt, and improved cash flows. However, there are concerns regarding the absence of EBIT margins and past cash flow volatility.Income Statement
Barclays has shown a consistent revenue growth with the latest annual revenue increasing from 23.5B to 26.2B, a 11.3% growth. The net profit margin for the latest year is approximately 24.0%, indicating strong profitability. However, EBIT margin figures are absent for the latest period, limiting a full assessment of operational efficiency.75
Positive
Balance Sheet
The balance sheet shows strong equity with a debt-to-equity ratio of 0, indicating no debt and excellent financial stability. The return on equity stands at 8.8%, reflecting decent profitability on shareholder investments. The equity ratio of 4.7% suggests a moderate level of equity financing compared to total assets.80
Positive
Cash Flow
Barclays' free cash flow significantly improved from -2.6B to 5.5B, showcasing robust cash generation capabilities. The operating cash flow to net income ratio is approximately 1.1, indicating that the company efficiently converts its income into cash. However, the negative free cash flow in the previous period highlights potential volatility.65
Positive
| Breakdown | |||||
| TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 25.42B | 26.23B | 23.50B | 24.96B | 21.94B | 21.77B | Gross Profit |
| 25.42B | 26.23B | 51.34B | 24.96B | 21.94B | 21.77B | EBIT |
| 257.00M | 0.00 | 7.42B | 15.49B | 8.37B | 2.99B | EBITDA |
| -916.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Net Income Common Stockholders |
| 5.00B | 6.31B | 5.26B | 5.93B | 7.01B | 2.38B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 51.80B | 210.18B | 220.88B | 256.35B | 238.57B | 191.13B | Total Assets |
| 1.25T | 1.52T | 1.48T | 1.51T | 1.38T | 1.35T | Total Debt |
| 85.18B | 0.00 | 176.65B | 124.30B | 111.63B | 92.14B | Net Debt |
| 33.39B | -210.18B | -224.63B | -132.05B | -126.95B | -98.99B | Total Liabilities |
| 1.18T | 1.45T | 1.41T | 1.44T | 111.63B | 92.14B | Stockholders Equity |
| 62.17B | 71.82B | 71.20B | 68.29B | 69.22B | 65.80B |
| Cash Flow | Free Cash Flow | ||||
| 0.00 | 5.54B | -2.65B | 28.48B | 47.20B | 56.18B | Operating Cash Flow |
| 0.00 | 7.11B | -927.00M | 30.23B | 48.92B | 57.51B | Investing Cash Flow |
| 0.00 | -17.89B | -23.41B | -21.67B | 4.27B | -18.38B | Financing Cash Flow |
| 0.00 | 784.00M | -8.35B | 696.00M | 107.00M | 2.73B |
Barclays Technical Analysis
Positive
17.42
Price Trends
15.49
Positive
14.88
Positive
13.53
Positive
Market Momentum
0.58
Negative
70.37
Negative
94.75
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BCS, the sentiment is Positive. The current price of 17.42 is above the 20-day moving average (MA) of 16.20, above the 50-day MA of 15.49, and above the 200-day MA of 13.53, indicating a bullish trend. The MACD of 0.58 indicates Negative momentum. The RSI at 70.37 is Negative, neither overbought nor oversold. The STOCH value of 94.75 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BCS.
Barclays Risk Analysis
Barclays disclosed 18 risk factors in its most recent earnings report. Barclays reported the most risks in the “Finance & Corporate” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Barclays Peers Comparison
Overall Rating
UnderperformOutperform
Sector (64)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
82 Outperform | $116.86B | 8.34 | 13.25% | 2.17% | 0.27% | 19.44% | |
80 Outperform | $206.83B | 10.87 | 10.30% | 5.57% | -1.91% | -6.79% | |
77 Outperform | $54.26B | 9.10 | 13.70% | 3.94% | 18.85% | 14.85% | |
75 Outperform | $65.71B | 9.98 | 11.92% | 4.75% | 4.07% | 9.97% | |
74 Outperform | $61.61B | 8.83 | 9.36% | 2.45% | 11.33% | 47.74% | |
64 Neutral | $141.42B | 11.96 | 6.30% | 2.92% | 2.97% | 87.82% | |
64 Neutral | $12.82B | 9.83 | 7.68% | 17000.34% | 12.38% | -5.56% |
* Financial Sector Average
Performance Comparison
BCS
Barclays
17.42
6.72
62.80%
C
Citigroup
75.72
14.63
23.95%
HSBC
HSBC Holdings
58.87
17.32
41.68%
ING
ING Groep
21.17
4.38
26.09%
NWG
NatWest Group
13.61
5.87
75.84%
SAN
Banco Santander SA
7.75
2.68
52.86%
Barclays Earnings Call Summary
Earnings Call Date:Apr 30, 2025
(Q1-2025)
| % Change Since: 8.00%|
Next Earnings Date:Jul 29, 2025
Earnings Call Sentiment Neutral
Barclays reported strong financial performance in Q1 2025 with notable growth in income and efficiency improvements. However, challenges remain, particularly in the U.S. Consumer Bank and potential economic headwinds. While the highlights are significant, the presence of some notable lowlights indicates a balanced sentiment.Q1-2025 Updates
Positive Updates
Strong Return on Tangible Equity
Barclays achieved a return on tangible equity (RoTE) of 14% in Q1 2025, up from 12.3% in the previous year.
Increase in Total Income
Total income for Q1 2025 rose by 11% year-on-year to £7.7 billion, with broad-based growth across all five divisions.
Improved Cost Efficiency
Barclays delivered positive operating leverage with a 6% jaws, resulting in a cost-to-income ratio of 57% for the quarter.
Growth in Net Interest Income
Group net interest income increased by 13% year-on-year to £3 billion, with expectations for further growth in 2025.
Strong Performance in Investment Bank
The Investment Bank saw income growth of 16% year-on-year, driven by strong markets income, particularly in FICC, which rose 21%.
Solid Capital Position
Barclays maintains a robust capital position with a CET1 ratio of 13.9% at the end of Q1 2025.
Negative Updates
Challenges in Investment Banking Transactions
Weaker client confidence is delaying investment banking transactions, although this has been offset by trading revenue benefits.
U.S. Consumer Bank RoTE Decline
RoTE in the U.S. Consumer Bank fell year-on-year to 4.5%, affected by a net post-model adjustment due to economic uncertainty.
Potential Economic Headwinds
Barclays noted increased market volatility and economic uncertainty, which could impact transactional and lending income.
Company Guidance
In the Barclays Q1 2025 results call, the company presented a strong financial performance, with a reported return on tangible equity (RoTE) of 14%, despite challenges in the economic environment. Total income for the quarter was £7.7 billion, reflecting a 14% increase in tangible book value to 372 pence year-on-year. The bank maintained a robust balance sheet, with a Common Equity Tier 1 (CET1) ratio of 13.9%, aligning with their target range of 13% to 14%. Operating leverage was evident with income growth of 11% outpacing cost growth of 5%, resulting in a 57% cost-income ratio. Barclays also upgraded its 2025 net interest income (NII) guidance due to favorable deposit volumes and mix. The UK businesses demonstrated strong risk-weighted asset growth, while returns in the Investment Bank were supported by fixed income and credit activity. Despite some softness in the U.S. Consumer Bank with RoTE at 4.5%, overall operations are on track to meet the 2025 guidance and 2026 targets, including an 11% RoTE.Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.