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Barclays Posts £9.1bn Profit, Launches £1bn Buyback and Lifts 2028 Return Target

Management raises its profitability goal to above 14% by 2028, underpinned by an AI-led efficiency drive.

Overview

  • Pre-tax profit for 2025 rose 13% to £9.1 billion, beating internal forecasts and reflecting broad-based income growth across divisions.
  • Barclays began a new £1 billion share buyback and said total 2025 capital distributions reached £3.7 billion, including a 5.6p final dividend.
  • The bank plans to return more than £15 billion to shareholders over 2026–2028 through dividends and buybacks.
  • An efficiency program targeting about £2 billion in savings over the next three years will lean on expanded use of artificial intelligence.
  • Barclays increased provisions for a potential FCA motor-finance redress to £325 million and disclosed CEO C.S. Venkatakrishnan’s pay rose to just over £15 million, with the 2025 bonus pool up 15% to £2.21 billion.