Barc remains the preferred play in the UK banking sector by some distance.6 Feb 2026 19:54
Evening All,
My last post for today.
Regards, Mr A
Richard Hunter, Head of Markets, interactive investor says, “The group has had a good run of late and the shares have risen by 73% over the last year. Much optimism has revolved around prospects for and performance of its three largest units. The Investment Bank, which is for the most part a US division, accounts for 43% of group revenues, Barclays UK 31% and the Barclays US Consumer Bank 13%.
It is hoped that the recent strength of the banks’ reporting season in the US reads across to Barclays’ US Investment Bank, especially in the trading, M&A and IPO spaces.
More broadly, the more recent strength of the US dollar against sterling is something of a double-edged sword in that this strength positively impacts revenue and profits, while having a negative effect on impairment charges and total operating expenses, especially Stateside.
At the third-quarter numbers in October, Barclays
BARC
2.86%
maintained its stance on shareholder returns, with the announcement of a new £500 million share buyback programme, which it now expects to become a quarterly event. The group had previously guided that its shareholder returns would be skewed more towards buybacks rather than a progressive dividend policy and reiterated its ambitious aim of £10 billion of returns between 2024 and 2026.
Given the group’s financial strength and its geographical and business diversity, Barclays remains the preferred play in the UK banking sector by some distance.”