| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 70 | 6.4x | 17.3x | Top tier | |
Growth | 5 | -50.2% | 7.1% | Bottom tier | |
Quality | 73 | — | — | Top tier | |
Safety | 9 | — | — | Bottom tier | |
Capital Return | 66 | 0.54% | 0.06% | Top tier | |
Momentum | 54 | 20.0% | -1.6% | Around median | |
Sentiment | 32 | 2 | 3 | Bottom tier |
10-year US Treasury yield 4.96% as of 2026-10-22. Estimates computed from company data and analyst targets, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Barclays PLC combines retail and corporate banking in the United Kingdom, investment banking, and digital consumer banking in the United States. Its revenue comes from lending, cards, financing, markets and investment services, and wealth management. Its U.S. operations illustrate the nature of its digital expansion: management stated on the 2026-07-28 call that it serves more than 25 million customers without branches, with the acquisition of Best Egg completed during quarter 2 of fiscal year 2026, ended 2026-06-30, and a partnership announced to offer card products within Samsung Wallet.
Net income in quarter 2 of fiscal year 2026, ended 2026-06-30, was approximately 2.5 billion pounds sterling, and diluted earnings per share were 0.64. The diluted share count fell to 3.43 billion shares, compared with 3.55 billion shares in quarter 2 of fiscal year 2025, a decline of 3.4% compared with the same quarter of the previous fiscal year. Across the businesses, return on tangible equity exceeded 20% in each of the three UK businesses during quarter 2 of fiscal year 2026 and reached 16% in the investment bank, compared with 10.5% in the U.S. consumer bank excluding the gain on the sale of the American Airlines portfolio; this disparity makes capital allocation across businesses influential in sustaining returns.
Alongside improved profitability is a specific regulatory matter: in a statement carried by news published on 2026-10-19, Barclays defended the accounting and capital treatment of swaps linked to private credit, amid a Bank of England examination of allegations that their risks had been understated. On commercial expansion, news on 2026-10-02 reported the completion of the GoHenry acquisition, retaining its brand and standalone app to target banking relationships with families.
Q2 FY2026
When: 2026-10-22
Net income relative to 2.5 billion pounds sterling
Loan loss rate relative to 60 basis points
The industry-multiple valuation is 33 dollars, within a range of 31 to 35 dollars, based on trailing 12-month earnings and using a median multiple of 11.9 across 16 companies; it measures Barclays' value when its earnings are priced on the basis of its peers. The median target of 7 analysts is 33 dollars in the 2026-10-19 snapshot, an estimate reflecting their expectations for growth and future performance, with analyst targets inherently tending toward optimism. The two methods agree at 33 dollars despite their different foundations, as the first links value to the company's earnings and industry multiples, while the second incorporates analysts' expectations for the business trajectory.
Figures in the text are as of 2026-10-20; the live price is shown at the top of the page.
Net income reached 2.5 billion pounds sterling and diluted earnings per share were 0.64 in quarter 2 of fiscal year 2026, ended 2026-06-30. The diluted share count fell to 3.43 billion shares, compared with 3.55 billion shares in quarter 2 of fiscal year 2025, a decline of 3.4% compared with the same quarter of the previous fiscal year. This means that the shrinking share base supports earnings per share alongside the profitability generated by the businesses.
News on 2026-10-19 covered a Bank of England examination of allegations concerning the classification of derivatives that finance private credit loans and whether their capital treatment reflects their risks. Barclays said in its response that its total exposure is 15 billion pounds sterling and that the market value of the swaps is approximately 300 million pounds sterling, compared with a notional value of the underlying assets of approximately 1.5 billion pounds sterling. These figures represent different measures of exposure, and the bank affirmed that its treatment complies with accounting and regulatory capital requirements, while the allegations remain under examination.
Automated analysis for informational purposes only — not investment advice.
When: Fiscal year 2026
Return on tangible equity at the 12% threshold
News on 2026-10-02 reported the completion of the acquisition of GoHenry, which specializes in money management for the age group from 6 to 18 years, while preserving its brand and standalone app. Management confirmed on the 2026-07-28 call the completion of the acquisition of Best Egg during quarter 2 of fiscal year 2026, ended 2026-06-30, to add U.S. consumer lending capabilities. The two deals serve different purposes: deepening relationships with families in the United Kingdom and expanding the capabilities of a digital U.S. bank serving more than 25 million customers.
Return on tangible equity reached 16.1% in quarter 2 of fiscal year 2026, ended 2026-06-30, and included a benefit of 1.2 percentage points from the sale of the American Airlines portfolio. In the same quarter, each of the three UK businesses exceeded a return of 20%, compared with 16% for the investment bank and 10.5% for the U.S. consumer bank excluding the sale gain. Management targets a return exceeding 12% in fiscal year 2026, ending 2026-12-31, so the sustainability test depends on continued returns from the core businesses while absorbing credit costs and efficiency measures.
The earnings announcement date in the EL7 calendar is 2026-10-22, which is an expected date. Diluted earnings per share of 0.64 and net income of 2.5 billion pounds sterling in quarter 2 of fiscal year 2026, ended 2026-06-30, provide two reference points for assessing continued profitability in the next report. Any disclosures on the classification of private credit derivatives and cost measures also take on particular importance following the news published on 2026-10-19 and the structural spending plan for the second half of fiscal year 2026, ending 2026-12-31.