Barclays Q1 2021 Fixed Income Investor Presentation
STRATEGY, TARGETS
& GUIDANCE
CAPITAL
PERFORMANCE
ASSET QUALITY
& LEVERAGE
MREL, FUNDING
& LIQUIDITY
DIVISIONS
CREDIT RATINGS
ESG
APPENDIX
& LEGAL ENTITIES
Q121 Barclays International
ROTE of 17.7%, driven by reduced impairment and resilient operating performance
Financial performance
Income
£4.4bn Q120: £4.6bn
Costs
£2.5bn Q120: £2.2bn
Cost: income ratio
56% Q120: 48%
Impairment
£(22)m Q120: £1.6bn
PBT
£2.0bn Q120: £0.8bn
ROTE
17.7% Q120: 6.8%
Average equity¹
£32.3bn Q120: £31.2bn
Loan loss rate
(7)bps Q120: 377bps
RWAS
£230.0bn Dec-20: £222.3bn
Income decreased 5% YoY
-
Income diversified by business and
geography
•
8% depreciation of average USD against GBP
was a headwind to income and profits, and a
tailwind to impairment, costs and RWAS
Cost: income ratio of 56%
Impairment release of £22m reflecting lower US
cards balances and lower wholesale loan
exposures
RWAs increased to £230.0bn primarily due to
increased client and trading activity within CIB,
partly offset by lower US cards balances
Balanced income profile across
businesses and geographies
805
Business
diversity of
599
2,136
Q121 income
(£m)
859
7%
13%
Geographic
diversity of
FY20 income²
48%
(%)
32%
Markets
Banking fees
Corporate
CC&P
Americas
UK
Europe
Other
Average allocated tangible equity |2 BBPLC FY20 income, based on location of office where transactions were recorded |
21 Barclays Q1 2021 Fixed Income Investor PresentationView entire presentation