## Barclays Beats Expectations, Announces Buyback Amid Market Volatility
Here’s a quick rundown of Barclays’ recent performance:
- **Strong Profits:** Barclays exceeded profit expectations in the second quarter, reporting a pre-tax profit of £2.5 billion, beating the forecast of £2.23 billion.
- **Investment Banking Boost:** The investment banking division saw a 10% year-on-year increase in income, reaching £3.3 billion, fueled by market volatility.
- **Share Buyback:** The bank announced a £1 billion share buyback program.
- **Market Impact:** Barclays benefited from turbulent market conditions, including the fallout from US tariff policies, which led to increased trading activity.
- **Strategic Focus:** The bank is focused on its investment banking unit, with ongoing cost-cutting measures and leadership changes.
- **Progress on Plan:** Barclays is on track to meet its three-year plan objectives, including income growth and cost savings.
- **Challenges Ahead:** The bank faces potential challenges from changes in US capital leverage rules, increased competition in the UK banking landscape, and the impact of sticky inflation on interest rates.
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Source: https://www.cnbc.com/2025/07/29/barclays-q2-earnings-2025.html