BARCLAYS PLC
For the period ended Dec 31, 2025. Filed Feb 10, 2026.
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The yearly report of a company based outside the US. It covers much of what a 10-K does, and may follow accounting rules other than US ones.
FY2025 · Filed Feb 10, 2026
Contents
Segmental reporting
Financial performance and returns
The Notes included in this section focus on the results and performance of the Group. Information on the income generated, expenditure incurred, segmental performance, tax, earnings per share and dividends are included here.
2 Segmental reporting
Presentation of segmental reportingOperating segments are reported in a manner consistent with the internal reporting provided to the Executive Committee, which is responsible for allocating resources and assessing performance of the operating segments, and has been identified as the chief operating decision-maker. All transactions between business segments are conducted on an arm’s-length basis. Income and expenses directly associated with each segment are included in determining business segment performance.Barclays is a British universal bank diversified by business, geography and income type, serving consumer and wholesale customers and clients globally. In addition to its rooting in the UK, Barclays also has a strong presence in the US.
The Group presents its financial disclosures through the following five operating segments (plus Head Office):
Barclays UK broadly represents businesses that sit within the UK ring-fenced bank entity, Barclays Bank UK PLC, and comprises Retail
Banking (which includes Personal Banking and Barclaycard Consumer UK)and Business Banking
Barclays UK Corporate Bank brings together lending, trade and working capital, liquidity, payments and FX solutions for UK corporate
clients with an annual turnover from £6.5 million and higher, excluding those clients that form part of the FTSE 350, which are included
within the IB
Barclays Private Bank and Wealth Management serves UK and international private banking clients, providing a range of investment,
banking and lending products alongside expert advice. It also serves UK wealth management and UK digital investing clients offering a
range of financial services
Barclays Investment Bank incorporates the Global Markets, Investment Banking and International Corporate Banking businesses,
serving FTSE 350, multinationals and financial institution clients that are regular users of Investment Bank services
Barclays US Consumer Bank is a co-branded credit card issuer and financial services partner in the United States for travel,
entertainment, retail and affinity institutions. It offers co-branded, small business and private label credit cards, instalment loans, online
savings accounts and certificates of deposits
The tables below also include Head Office, which comprises central support, central treasury operations, Barclays Execution Services assets,
the Payment Acceptance business and legacy businesses
| Analysis of results by business | |||||||
|---|---|---|---|---|---|---|---|
| Barclays UK | Barclays UK Corporate Bank | Barclays Private Bank & Wealth Management | Barclays Investment Bank | Barclays US Consumer Bank | Head Office | Group results | |
| £m | £m | £m | £m | £m | £m | £m | |
| Net interest income | 7,653 | 1,480 | 799 | 1,334 | 2,820 | 415 | 14,501 |
| Non-interest income | 1,055 | 584 | 581 | 11,721 | 861 | (163) | 14,639 |
| Total income | 8,708 | 2,064 | 1,380 | 13,055 | 3,681 | 252 | 29,140 |
| Of which inter-segmental income/(expense) | (5) | 1,868 | 1,840 | (3,577) | (6) | (120) | — |
| Operating costs | (4,746) | (989) | (994) | (7,927) | (1,637) | (747) | (17,040) |
| UK regulatory levies | (85) | (29) | (10) | (181) | — | (8) | (313) |
| Litigation and conduct | (51) | (39) | (9) | (28) | (8) | (257) | (392) |
| Total operating expenses | (4,882) | (1,057) | (1,013) | (8,136) | (1,645) | (1,012) | (17,745) |
| Other net income1 | — | — | — | — | — | 23 | 23 |
| Profit/(loss) before impairment | 3,826 | 1,007 | 367 | 4,919 | 2,036 | (737) | 11,418 |
| Credit impairment (charges)/ releases | (413) | (37) | 8 | (305) | (1,521) | (11) | (2,279) |
| Profit/(loss) before tax | 3,413 | 970 | 375 | 4,614 | 515 | (748) | 9,139 |
| Total assets (£bn) | 299.6 | 71.3 | 41.9 | 1,072.4 | 34.6 | 24.4 | 1,544.2 |
| Total liabilities (£bn) | 280.3 | 103.7 | 80.4 | 965.9 | 25.4 | 10.2 | 1,465.9 |
| Number of employees (full time equivalent) | 17,900 | 1,900 | 2,100 | 7,200 | 2,300 | 61,600 | 93,000 |
| Average number of employees (full time equivalent) | 93,100 | ||||||
| Average number of employees (headcount) | 94,700 | ||||||
Note:
1 Other net income represents the share of post-tax results of associates and joint ventures and the profit orloss on disposal of subsidiaries, associates and joint
ventures.
| Strategy | Shareholder information | Climate and sustainability report | Governance | Risk review | Financial review | Financial statements | Barclays PLC Annual Report 2025on Form 20-F | 356 |
|---|
For the year ended 31 December 2025
| Barclays UK | Barclays UK Corporate Bank | Barclays Private Bank & Wealth Management | Barclays Investment Bank | Barclays US Consumer Bank | Head Office | Group results | |
|---|---|---|---|---|---|---|---|
| £m | £m | £m | £m | £m | £m | £m | |
| Net interest income | 6,627 | 1,206 | 767 | 1,031 | 2,659 | 646 | 12,936 |
| Non-interest income | 1,647 | 574 | 542 | 10,774 | 667 | (352) | 13,852 |
| Total income | 8,274 | 1,780 | 1,309 | 11,805 | 3,326 | 294 | 26,788 |
| Of which inter-segmental income/(expense) | (29) | 2,379 | 2,148 | (3,909) | (8) | (581) | — |
| Operating costs | (4,235) | (935) | (911) | (7,666) | (1,612) | (836) | (16,195) |
| UK regulatory levies | (78) | (37) | (9) | (187) | — | (9) | (320) |
| Litigation and conduct | (16) | (1) | — | (55) | (14) | (134) | (220) |
| Total operating expenses | (4,329) | (973) | (920) | (7,908) | (1,626) | (979) | (16,735) |
| Other net income1 | — | — | — | — | — | 37 | 37 |
| Profit/(loss) before impairment | 3,945 | 807 | 389 | 3,897 | 1,700 | (648) | 10,090 |
| Credit impairment charges | (365) | (76) | (6) | (123) | (1,293) | (119) | (1,982) |
| Profit/(loss) before tax | 3,580 | 731 | 383 | 3,774 | 407 | (767) | 8,108 |
| Total assets (£bn) | 299.8 | 61.2 | 34.1 | 1,053.9 | 35.4 | 33.8 | 1,518.2 |
| Total liabilities (£bn) | 284.1 | 94.4 | 75.0 | 952.1 | 24.5 | 15.6 | 1,445.7 |
| Number of employees (full time equivalent) | 18,000 | 1,900 | 1,900 | 7,100 | 2,300 | 61,800 | 93,000 |
| Average number of employees (full time equivalent) | 91,300 | ||||||
| Average number of employees (headcount) | 92,900 | ||||||
| Barclays UK | Barclays UK Corporate Bank | Barclays Private Bank & Wealth Management | Barclays Investment Bank | Barclays US Consumer Bank | Head Office | Group results | |
|---|---|---|---|---|---|---|---|
| £m | £m | £m | £m | £m | £m | £m | |
| Net interest income | 6,431 | 1,160 | 768 | 1,393 | 2,604 | 353 | 12,709 |
| Non-interest income | 1,156 | 610 | 440 | 9,642 | 664 | 157 | 12,669 |
| Total income | 7,587 | 1,770 | 1,208 | 11,035 | 3,268 | 510 | 25,378 |
| Of which inter-segmental income/(expense) | (73) | 1,524 | 1,707 | (2,590) | (5) | (563) | — |
| Operating costs | (4,393) | (905) | (795) | (7,619) | (1,650) | (1,352) | (16,714) |
| UK bank levy | (30) | (8) | (4) | (123) | — | (14) | (180) |
| Litigation and conduct | 8 | 1 | 2 | 5 | (6) | (48) | (37) |
| Total operating expenses | (4,415) | (912) | (797) | (7,737) | (1,656) | (1,414) | (16,931) |
| Other net expenses1 | — | (3) | — | — | — | (6) | (9) |
| Profit/(loss) before impairment | 3,172 | 855 | 411 | 3,298 | 1,612 | (910) | 8,438 |
| Credit impairment (charges)/releases | (304) | 27 | (4) | (102) | (1,438) | (60) | (1,881) |
| Profit/(loss) before tax | 2,868 | 882 | 407 | 3,196 | 174 | (970) | 6,557 |
| Total assets (£bn) | 293.1 | 61.5 | 32.0 | 1,019.2 | 33.6 | 38.1 | 1,477.5 |
| Total liabilities (£bn) | 264.2 | 85.9 | 60.9 | 904.5 | 21.1 | 69.0 | 1,405.6 |
| Number of employees (full time equivalent) | 6,800 | 1,800 | 2,100 | 7,100 | 600 | 74,000 | 92,400 |
| Average number of employees (full time equivalent) | 92,900 | ||||||
| Average number of employees (headcount) | 94,800 | ||||||
Note:
1 Other net income represents the share of post-tax results of associates and joint ventures and the profit or loss on disposal of subsidiaries, associates and joint
ventures.
Inter-segmental income/(expense) refers to the internal charging of revenues between different business segments, reflecting how resources
such as funding, capital, or services are utilised across the organisation. Segments that operate with a net customer deposit position contribute
surplus deposits as a funding source for other Group segment activities.
| Strategy | Shareholder information | Climate and sustainability report | Governance | Risk review | Financial review | Financial statements | Barclays PLC Annual Report 2025on Form 20-F | 357 |
|---|
For the year ended 31 December 2025
| Income by geographic region1 | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| For the year ended 31 December | £m | £m | £m |
| United Kingdom | 15,811 | 13,927 | 13,295 |
| Americas | 9,541 | 8,772 | 8,109 |
| Europe | 2,269 | 2,734 | 2,517 |
| Asia | 1,433 | 1,273 | 1,370 |
| Africa and Middle East | 86 | 82 | 87 |
| Total | 29,140 | 26,788 | 25,378 |
| Income from individual countries which represent more than 5% of total income1 | |||
| 2025 | 2024 | 2023 | |
| For the year ended 31 December | £m | £m | £m |
| United Kingdom | 15,811 | 13,927 | 13,295 |
| United States | 9,388 | 8,614 | 7,911 |
Note:
1 The geographical analysis is based on the location of the office where the transactions are recorded.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.