FY 2022 Results
Income up 12% YoY including the benefit from FX, with strong performances in Barclays UK
and CC&P. Within CIB, strong performances in Global Markets and Transaction banking were
more than offset by reduced income in Investment Banking and Corporate Lending
Costs of £4.0bn (Q421: £3.8bn) reflecting the impact of FX, inflation and investment in the
business
Credit impairment charges were £0.5bn with an LLR of 49bps. The deteriorating
macroeconomic forecast resulted in an increased charge, partially offset by utilising economic
uncertainty PMAS
Attributable profit of £1.0bn generated EPS of 6.5p and RoTE of 8.9%
Q422 Group Financial Highlights
Three months ended (Em)
Income
-Operating costs
- Bank levy
-Litigation and conduct
Dec-22
Total operating expenses
Other net income
10
13
Profit before impairment
1,808
Credit impairment (charges)/releases
(498)
1,397
31
Dec-21% change
5,801 5,160 +12%
(3,748) (3,514) -7%
(176) (170) -4%
(79) (92) +14%
(4,003) (3,776)
-6%
-23%
+29%
Profit before tax
Tax credit/(charge)
Profit after tax
Non-controlling interests
Other equity instrument holders
Attributable profit
1,310 1,428
33 (104)
1,343 1,324 +1%
(22) (27) +19%
(285) (218) -31%
1,036 1,079 -4%
-8%
Performance measures
Dec-22 Sep-22 | Dec-21
Basic earnings per
share
6.5p
9.4p
ROTE
8.9%
6.4p
12.5% 9.0%
Cost: income ratio
69%
Loan loss rate
49bps
60% 73%
36bps (3)bps
Balance sheet and capital
Dec-22 Sep-22 | Dec-21
RWAs
TNAV per share
£336.5bn £350.8bn £314.1bn
CET1 ratio
295p
13.9%
286p 291p
13.8%
15.1%
41 | Barclays FY 2022 Results | 15 February 2023
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