Barclays H1 2022 Results slide image

Barclays H1 2022 Results

Q222 Group highlights Income £6.7bn Q221: £5.4bn Costs £5.0bn Q221: £3.7bn Cost: income ratio 75% Q221: 69% Impairment £0.2bn Q221: £(0.8)bn • net release PBT £1.5bn Q221: £2.5bn EPS 6.4p Q221: 11.9p Income up 24% driven by strong performances across all operating businesses Income excluding benefit from hedging arrangements up 10% YoY² Costs up £1.3bn or 34% mainly driven by higher L&C charges of £1,334m, of which £1,149m relates to the Over-issuance of Securities and £165m relates to settlements in principle in respect of industry-wide devices investigations by SEC and CFTC Operating costs (which exclude L&C) up 3% Credit impairment charge of £0.2bn vs. credit impairment release of £(0.8)bn in Q221 Attributable profit of £1.1bn generated EPS of 6.4p and RoTE of 8.7% CET1 ratio of 13.6% - down c.20bps from Mar-22 primarily driven by earnings, more than offset by FVOCI¹ moves, and RWA growth and investments TNAV per share increased 3p QoQ primarily reflecting 6.4p of EPS, partially offset by net negative reserve movements Profit before tax bridge (Em) ROTE CET1 ratio 8.7% 13.6% Q221: 17.6% Mar-22: 13.8% 2,503 535 214 997 314 14 1,813 1,499 Liquidity TNAV per Coverage Ratio 156% Mar-22: 159% share 297p Mar-22: 294p Q221 Income excl. Costs excl. Impairment Over-issuance Over-issuance of Securities of Securities² Other net income Net impact of Over-issuance of Securities² Q222 1 Fair Value through Other Comprehensive Income | 2 Please see slides 49-52 for details of the adjustments made in respect of the Over-issuance of Securities | Note: 2021 financial metrics have been restated to reflect the impact of Over-issuance of Securities. Please see slides 49-52 for details of the adjustments made in respect of the Over-issuance of Securities | 15 | Barclays H1 2022 Results | 28 July 2022 BARCLAYS
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