Slides
Documents
Search
Download files in PDF
FY 2021 Results
C.S. Venkatakrishnan - Barclays Group Chief Executive
FY21: Record profit before tax and increased capital returns
Barclays’ diversified strategy is delivering
The real economy backdrop is supportive of Barclays’ corporate and consumer businesses
How Barclays will continue to deliver value
Our strategic priorities to grow are underpinned by structural market and societal trends
Deliver next generation, digitised consumer financial services
Deliver sustainable growth in the CIB
Capture opportunities as we transition to a low carbon economy
Our Purpose underpins the strong progress we delivered against our ESG strategy in 2021
Prudently allocating capital while delivering attractive return of capital to shareholders
Record FY21 profitability, increased capital distributions
Tushar Morzaria Barclays Group Finance Director
FY21 Group highlights
Income: ongoing benefits from business diversification enabling increased revenue YoY
Mortgage growth continues, well positioned for rising rates and optimistic about recovery in unsecured lending
Costs: FY21 increase driven by higher structural cost actions and performance costs, with flat base costs
FY21 structural cost actions predominantly related to BUK transformation spend and real estate charge
FY22 base costs expected to be modestly higher than £12.0bn due to inflationary pressures and planned investment spend
Impairment: FY21 net release of £0.7bn, reflecting lower unsecured lending balances and a net release in the CIB
Dec 21 coverage ratios remain strong
Q421 Group highlights
Q421 Barclays UK
Q421 Barclays International
Q421 Barclays International: Corporate & Investment Bank
Q421 Barclays International: Consumer, Cards & Payments
Q421 Head Office
High quality and robust liquidity and funding positions
Year end CET1 ratio of 15.1%
Re-based CET1 ratio of c.14%
13-14% CET1 ratio target continues to provide appropriate headroom above evolving MDA hurdle
Barclays is well positioned to deliver sustainable double digit returns
Outlook
Questions & Answers
Questions & Answers
Questions & Answers
Questions & Answers
Questions & Answers
Questions & Answers
Questions & Answers
Questions & Answers
Questions & Answers
Questions & Answers
Slide 45
