Barclays Raises Guidance and Announces £500m Buyback

Barclays reported Q3 pretax profit fell 7% year‑on‑year to £2.077bn while group income rose 9% to £7.2bn and EPS slipped slightly; results were weighed down by a £235m motor‑finance provision and a £110m credit impairment in its investment bank. Management raised 2025 RoTE guidance to above 11%, upgraded Group net interest income guidance to over £12.6bn and reported an improved CET1 ratio of 14.1%, citing stronger income and faster cost savings. The bank announced a surprise £500m share buyback, moved to quarterly buyback announcements, and completed a repurchase of 185,255,676 shares at an average price of 372.98p. The guidance upgrades and buyback lifted the stock—Barclays ADR (BCS) jumped about 5–5.6% intraday while U.K. shares (BARC) rose 4.87% to £3.82 and are roughly 64% higher year‑on‑year. Executives flagged outperformance in FICC and other trading franchises, sustained topline growth and an accelerated return‑of‑capital program, and said updated targets through 2028 will be provided with full‑year 2025 results.