Financials Barclays PLC Nyse

Equities

BCS

US06738E2046

Banks

Market Closed - Nyse Other stock markets 01:30:02 11/05/2024 am IST			5-day change	1st Jan Change
10.79 ^USD	+0.09%		+5.17%	+36.93%

10/05	Sector Update: Financial Stocks Advance Late Afternoon	MT
10/05	Sector Update: Financial Stocks Rise Friday Afternoon	MT

Valuation

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	31,097	25,459	31,267	25,146	23,263	32,000	-	-
Enterprise Value (EV) ¹	31,097	25,459	31,267	25,146	23,263	32,000	32,000	32,000
P/E ratio	12.6 x	16.7 x	4.99 x	5.32 x	5.72 x	6.95 x	5.63 x	4.56 x
Yield	5.01%	0.68%	3.21%	4.57%	5.2%	4%	4.32%	4.79%
Capitalization / Revenue	1.44 x	1.17 x	1.43 x	1.01 x	0.92 x	1.24 x	1.17 x	1.12 x
EV / Revenue	1.44 x	1.17 x	1.43 x	1.01 x	0.92 x	1.24 x	1.17 x	1.12 x
EV / EBITDA	-	-	-	-	-	-	-	-
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Price to Book	0.58 x	0.47 x	0.45 x	0.37 x	0.33 x	0.51 x	0.47 x	0.42 x
Nbr of stocks (in thousands)	1,73,10,516	1,73,56,704	1,67,20,297	1,58,62,755	1,51,27,584	1,49,56,727	-	-
Reference price ²	1.796	1.467	1.870	1.585	1.538	2.140	2.140	2.140
Announcement Date	13/02/20	18/02/21	23/02/22	15/02/23	20/02/24	-	-	-

¹GBP in Million²GBP

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	21,632	21,766	21,940	24,956	25,378	25,865	27,251	28,609
EBITDA	-	-	-	-	-	-	-	-
EBIT ¹	6,198	8,033	7,848	9,999	8,447	9,616	10,667	11,737
Operating Margin	28.65%	36.91%	35.77%	40.07%	33.28%	37.18%	39.14%	41.03%
Earnings before Tax (EBT) ¹	4,357	3,065	8,414	7,012	6,557	7,232	8,221	9,155
Net income ¹	2,461	1,526	6,375	5,023	4,274	4,720	5,453	6,193
Net margin	11.38%	7.01%	29.06%	20.13%	16.84%	18.25%	20.01%	21.65%
EPS ²	0.1430	0.0880	0.3750	0.2980	0.2690	0.3078	0.3802	0.4687
Free Cash Flow	-	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-	-
Dividend per Share ²	0.0900	0.0100	0.0600	0.0725	0.0800	0.0856	0.0924	0.1024
Announcement Date	13/02/20	18/02/21	23/02/22	15/02/23	20/02/24	-	-	-

¹GBP in Million²GBP

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2020 S1	2020 S2	2021 S1	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2022 S2	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4
Net sales ¹	11,621	10,145	11,315	5,160	6,496	6,708	5,951	5,801	-	7,237	6,285	6,258	5,598	6,953	6,308	6,388	6,112
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT	5,058	2,975	4,183	1,646	2,898	3,026	-	2,053	-	3,127	2,333	2,309	678	2,778	-	-	-
Operating Margin	43.52%	29.32%	36.97%	31.9%	44.61%	45.11%	-	35.39%	-	43.21%	37.12%	36.9%	12.11%	39.95%	-	-	-
Earnings before Tax (EBT)	1,272	1,793	-	1,474	2,234	1,499	1,969	1,310	-	2,598	1,964	1,885	110	2,277	-	-	-
Net income ¹	695	831	-	1,117	1,404	1,071	1,512	1,036	-	1,783	1,328	1,274	-111	1,550	1,518	1,559	1,495
Net margin	5.98%	8.19%	-	21.65%	21.61%	15.97%	25.41%	17.86%	-	24.64%	21.13%	20.36%	-1.98%	22.29%	24.07%	24.4%	24.46%
EPS ²	0.0400	-	-	0.0660	0.0840	0.0640	0.0940	0.0560	-	0.1130	0.0860	0.0830	-0.007000	0.1030	0.0789	0.0898	0.0856
Dividend per Share ²	-	-	-	0.0400	-	0.0225	-	0.0500	0.0500	0.0500	0.0270	-	0.0530	-	0.0285	-	0.0571
Announcement Date	29/07/20	18/02/21	28/07/21	23/02/22	28/04/22	28/07/22	26/10/22	15/02/23	15/02/23	27/04/23	27/07/23	24/10/23	20/02/24	25/04/24	-	-	-

¹GBP in Million²GBP

Estimates

Balance Sheet Analysis

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	5.3%	3.2%	13.4%	10.4%	9%	7.98%	8.83%	9.48%
ROA (Net income/ Total Assets)	0.29%	0.17%	0.47%	0.35%	0.34%	0.36%	0.35%	0.38%
Assets ¹	8,54,484	8,83,613	13,66,852	14,49,012	12,57,059	13,29,475	15,80,469	16,22,590
Book Value Per Share ²	3.090	3.150	4.130	4.300	4.700	4.210	4.600	5.110
Cash Flow per Share	-	-	-	-	-	-	-	-
Capex	-	-	-	-	-	-	-	-
Capex / Sales	-	-	-	-	-	-	-	-
Announcement Date	13/02/20	18/02/21	23/02/22	15/02/23	20/02/24	-	-	-

¹GBP in Million²GBP

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Barclays PLC

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

2.14 GBP

Average target price

2.496 GBP

Spread / Average Target

+16.67%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Banks

	1st Jan change	Capi.
JPMORGAN CHASE & CO.	+16.85%	571B
BANK OF AMERICA CORPORATION	+14.20%	301B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	+18.59%	252B
WELLS FARGO & COMPANY	+25.74%	216B
CHINA CONSTRUCTION BANK CORPORATION	+21.29%	183B
BANK OF CHINA LIMITED	+25.50%	170B
HSBC HOLDINGS PLC	+9.52%	162B
ROYAL BANK OF CANADA	+5.28%	146B
HDFC BANK LIMITED	-15.88%	131B

Other Banks