Barclays
Shortcut
0.121Normalized basic EPS
+1.0% vs Street
Street
0.120Normalized basic EPS
October 18 consensus snapshot
Real
0.123Issuer basic EPS per ordinary share
Model download
Explore the assumptions and calculations behind the forecast.
Shortcut’s reasoning.
The six-business build forecasts £7.60bn in income and £2.37bn in pre-tax profit. After tax and AT1 distributions, normalized EPS is £0.1212 per basic ordinary share versus the Street’s £0.12. The units are GBP per share, not pence.
US Consumer Bank average assets and buyback timing remain source-limited assumptions. An illustrative ex-AA asset base lowers EPS by about £0.0013. The scored normalized comparison uses the basic-share basis supported by consensus history; the separate IFRS diluted/GAAP comparison is indicative only.
On the record.
- Reporting period
- Q3 2026
- Reporting basis
- consensus normalized EPS per BASIC ordinary share in GBP, not pence; validated against provider history
- Consensus snapshot
- October 18, 2026
- Model / effort
- Opus 5.5 · High effort
- Workbook
- Reviewed workbook
Record history
- Forecast generated
- Oct 19, 2026 at 12:41 PM PDT
- First published
- Oct 20, 2026 at 1:54 AM PDT
Result basis
Issuer basic EPS of 12.3p equals £0.123 per ordinary share. Scored on the basic-share convention supported by the frozen consensus history, using the unrounded forecast £0.1212027 versus Street £0.12. The London quote currency and ADR figures are not used.
Research sources
- https://www.sec.gov/Archives/edgar/data/312069/000031206926000201/bcs-20260630_d2.htm
- https://home.barclays/content/dam/home-barclays/documents/investor-relations/ResultAnnouncements/H12026Results/Q226-BPLC-Results-RA.pdf
- https://www.sec.gov/Archives/edgar/data/312069/000031206926000100/bplcq126resultsannouncement.htm
- https://home.barclays/content/dam/home-barclays/documents/investor-relations/ResultAnnouncements/FullYear2025Results/FY25-BPLC-Results-RA.pdf
- https://www.sec.gov/Archives/edgar/data/312069/000031206925000570/bplcq325resultsannouncement.htm
- https://home.barclays/content/dam/home-barclays/documents/investor-relations/ResultAnnouncements/H12025Results/H125-BPLC-Results-RA.pdf
- https://home.barclays/content/dam/home-barclays/documents/investor-relations/ResultAnnouncements/Q12025Results/Q125-BPLC-Results-RA.pdf
- https://home.barclays/content/dam/home-barclays/documents/investor-relations/ResultAnnouncements/H12026Results/Q226-Sellside-Analyst-Meeting-Transcript.pdf
- https://home.barclays/content/dam/home-barclays/documents/investor-relations/IRNewsPresentations/2026News/Barclays%2024th%20Annual%20Global%20Financial%20Services%20Conference%202026%20transcript.pdf
- https://home.barclays/content/dam/home-barclays/documents/investor-relations/IRNewsPresentations/2026News/BofA%2031st%20Annual%20Financials%20CEO%20Conference%20Transcript.pdf
- https://home.barclays/content/dam/home-barclays/documents/investor-relations/consensus/20260717-Barclays-Pre-Q226-Consensus.pdf
- https://home.barclays/content/dam/home-barclays/documents/investor-relations/consensus/20251010-Barclays-PLC-Consensus.pdf
- https://www.pubt.io/view/672C9FB10B6D76D4ECED9A6B1E0D71BB0371BF23
- https://www.sec.gov/Archives/edgar/data/19617/000162828026065582/a3q26erfexhibit991narrative.htm
- https://www.goldmansachs.com/pressroom/press-releases/current/pdfs/2026-q3-results.pdf
- https://www.thedeskresearch.com/publications/big-us-banks-third-quarter-stock-trading-leads-d1a44624
- https://www.citigroup.com/rcs/citigpa/storage/public/Earnings/Q32026/2026psqtr3rslt.pdf
- https://www.fool.com/earnings/call-transcripts/2026/10/14/bofa-bac-q3-2026-earnings-call-transcript/
- https://www.bankofengland.co.uk/boeapps/database/Rates.asp?into=USD&rateview=A
- https://www.poundsterlinglive.com/bank-of-england-spot/historical-spot-exchange-rates/usd/GBP-to-USD-2025
- https://www.bankofengland.co.uk/monetary-policy-summary-and-minutes/2026/september-2026
- https://www.investegate.co.uk/announcement/rns/barclays--barc/transaction-in-own-shares/9781583
- https://www.tipranks.com/stocks/gb:barc/market-cap
- https://www.investing.com/equities/barclays-earnings
- https://home.barclays/investor-relations/reports-and-events/financial-calendar/
- https://ae.marketscreener.com/news/barclays-raises-key-targets-ce7f51dddb8ff12c
- https://www.law360.com/amp/articles/2537819
- https://www.cnbc.com/2026/10/16/banking-tax-london-uk-lenders.html
- https://finance.yahoo.com/markets/stocks/articles/u-card-issuers-delinquencies-ncos-173300020.html
- https://www.investing.com/news/stock-market-news/why-is-barclays-stock-sliding-today-93CH-4883767
- https://www.sec.gov/Archives/edgar/data/312069/000031206926000004/R9.htm
- https://www.marketwatch.com/data-news/barclays-falls-friday-underperforms-market-be297ae7-6a0fb3845030
- https://www.theguardian.com/business/2026/oct/19/bank-of-england-said-to-be-reviewing-barclays-handling-of-private-credit-loans
- https://helveticmarkets.com/en/article/us-bank-weakness-hints-fixed-income-slump-ubs-european-peers