LSE:BARC

Stock Analysis Report

Executive Summary

Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, other European countries, the Americas, Africa, the Middle East, and Asia.

Snowflake

Fundamentals

Undervalued average dividend payer.


Similar Companies

Share Price & News

How has Barclays's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

11.8%

LSE:BARC

6.9%

GB Banks

1.6%

GB Market


1 Year Return

-8.5%

LSE:BARC

-6.8%

GB Banks

0.3%

GB Market

BARC underperformed the Banks industry which returned -6.8% over the past year.

BARC underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 0.3% over the past year.


Share holder returns

BARCIndustryMarket
7 Day11.8%6.9%1.6%
30 Day14.2%9.7%5.7%
90 Day5.1%-1.6%1.3%
1 Year-4.3%-8.5%-1.1%-6.8%5.1%0.3%
3 Year3.1%-4.9%18.1%3.3%23.7%9.0%
5 Year-23.3%-33.1%-3.9%-22.5%29.9%2.5%

Price Volatility Vs. Market

How volatile is Barclays's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Barclays undervalued based on future cash flows and its price relative to the stock market?

35%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Barclays's share price is below the future cash flow value, and at a moderate discount (> 20%).

Barclays's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Barclays is good value based on earnings compared to the GB Banks industry average.

Barclays is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.


Price Based on Expected Growth

Barclays is good value based on expected growth next year.


Price Based on Value of Assets

Barclays is good value based on assets compared to the GB Banks industry average.


Next Steps

Future Growth

How is Barclays expected to perform in the next 1 to 3 years based on estimates from 19 analysts?

10.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Barclays's revenue is expected to grow by 2.3% yearly, however this is not considered high growth (20% yearly).

Barclays's earnings are expected to grow by 10.8% yearly, however this is not considered high growth (20% yearly).

Barclays's revenue growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.

Barclays's earnings growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.

Barclays's earnings growth is expected to exceed the low risk savings rate of 1.2%.


Earnings per Share Growth Estimates


Future Return on Equity

Barclays is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Barclays performed over the past 5 years?

35.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Barclays has delivered over 20% year on year earnings growth in the past 5 years.

Barclays's 1-year earnings growth exceeds its 5-year average (5450% vs 35.2%)

Barclays's earnings growth has exceeded the GB Banks industry average in the past year (5450% vs 32.3%).


Return on Equity

Barclays has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Barclays used its assets less efficiently than the GB Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Barclays improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is Barclays's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

Barclays has an acceptable proportion of non-loan assets held.

Barclays has a low allowance for bad loans.

Barclays's liabilities are made up of primarily higher risk sources of funding.

Barclays's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).

Loans at Barclays are broadly funded by customer deposits.

Barclays has a high level of bad loans (greater than 2%).


Next Steps

Dividend

What is Barclays's current dividend yield, its reliability and sustainability?

6.11%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Barclays's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (1.99%).

Barclays's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.48%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.6x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (2.3x coverage).


Next Steps

Management

What is the CEO of Barclays's salary, the management and board of directors tenure and is there insider trading?

3.8yrs

Average management tenure


CEO

Jes Staley (63yo)

3.8yrs

Tenure

UK£3,362,000

Compensation

Mr. James Edward Staley, also known as Jes, has been Group Chief Executive Officer of Barclays Plc since December 1, 2015. He has been Interim Chief Executive Officer of Barclays Bank PLC since March 26, 2 ...


CEO Compensation Analysis

Jes's remuneration is about average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.

Jes's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

3.8yrs

Average Tenure

54yo

Average Age

The tenure for the Barclays management team is about average.


Board Age and Tenure

5.1yrs

Average Tenure

63yo

Average Age

The tenure for the Barclays board of directors is about average.


Insider Trading

More shares have been bought than sold by Barclays individual insiders in the past 3 months.


Recent Insider Transactions

SellUK£36,75008 Aug 19
Robert Hoyt
EntityIndividual
Role
Chief Legal Officer
Group General Counsel
Shares25,000
Max PriceUK£1.47
BuyUK£9,74806 Aug 19
Ian Cheshire
EntityIndividual
Shares6,386
Max PriceUK£1.53
BuyUK£8,38606 Aug 19
Michael Ashley
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares5,494
Max PriceUK£1.53
BuyUK£7,76206 Aug 19
Matthew Lester
EntityIndividual
Shares5,085
Max PriceUK£1.53
BuyUK£8,07606 Aug 19
Crawford Gillies
EntityIndividual
Role
Lead Director
Senior Independent Director
Shares5,291
Max PriceUK£1.53
BuyUK£11,79306 Aug 19
Diane Schueneman
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares7,726
Max PriceUK£1.53
BuyUK£7,76006 Aug 19
Mary Citrino
EntityIndividual
Shares5,084
Max PriceUK£1.53
BuyUK£7,64706 Aug 19
Mary Francis
EntityIndividual
Shares5,010
Max PriceUK£1.53
BuyUK£206,24918 Jun 19
Tushar Morzaria
EntityIndividual
Role
Member of the Board of Directors
Group Finance Director & Executive Director
Shares137,152
Max PriceUK£1.50
BuyUK£237,50018 Jun 19
Robert Hoyt
EntityIndividual
Role
Chief Legal Officer
Group General Counsel
Shares157,933
Max PriceUK£1.50
BuyUK£206,24918 Jun 19
Ashok Vaswani
EntityIndividual
Shares137,152
Max PriceUK£1.50
BuyUK£293,74918 Jun 19
James Staley
EntityIndividual
Role
Chief Executive Officer
Group CEO & Executive Director
Shares195,338
Max PriceUK£1.50
BuyUK£47,41209 May 19
Crawford Gillies
EntityIndividual
Role
Lead Director
Senior Independent Director
Shares30,000
Max PriceUK£1.58
SellUK£80,55008 May 19
Robert Hoyt
EntityIndividual
Role
Chief Legal Officer
Group General Counsel
Shares50,000
Max PriceUK£1.61
BuyUK£90,12308 May 19
Timothy Breedon
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares55,000
Max PriceUK£1.64
SellUK£81,66001 Mar 19
Robert Hoyt
EntityIndividual
Role
Chief Legal Officer
Group General Counsel
Shares50,000
Max PriceUK£1.63
BuyUK£10,47126 Feb 19
Mary Citrino
EntityIndividual
Shares6,616
Max PriceUK£1.58
BuyUK£14,70226 Feb 19
Diane Schueneman
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares9,289
Max PriceUK£1.58
BuyUK£9,80826 Feb 19
Crawford Gillies
EntityIndividual
Role
Lead Director
Senior Independent Director
Shares6,197
Max PriceUK£1.58
BuyUK£10,18326 Feb 19
Matthew Lester
EntityIndividual
Shares6,434
Max PriceUK£1.58
BuyUK£10,08326 Feb 19
Dambisa Moyo
EntityIndividual
Shares6,371
Max PriceUK£1.58
BuyUK£31,87626 Feb 19
John McFarlane
EntityIndividual
Shares20,140
Max PriceUK£1.58
BuyUK£10,02226 Feb 19
Gerald Grimstone
EntityIndividual
Shares6,332
Max PriceUK£1.58
BuyUK£10,43026 Feb 19
Reuben Jeffery
EntityIndividual
Shares6,590
Max PriceUK£1.58
BuyUK£10,46626 Feb 19
Michael Turner
EntityIndividual
Shares6,613
Max PriceUK£1.58
BuyUK£9,40426 Feb 19
Ian Cheshire
EntityIndividual
Shares5,942
Max PriceUK£1.58
BuyUK£10,24526 Feb 19
Timothy Breedon
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares6,473
Max PriceUK£1.58
BuyUK£10,09126 Feb 19
Michael Ashley
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares6,376
Max PriceUK£1.58
BuyUK£9,83026 Feb 19
Mary Francis
EntityIndividual
Shares6,211
Max PriceUK£1.58
BuyUK£222,338,24408 Feb 19
Sherborne Investors Management LP
EntityCompany
Shares140,454,539
Max PriceUK£1.65
BuyUK£50,00121 Dec 18
Michael Ashley
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares33,890
Max PriceUK£1.48
SellUK£1,227,85705 Oct 18
Barclays Bank PLC, Securities Investments
EntityCompany
Shares137,292
Max PriceUK£8.97
BuyUK£233,75205 Oct 18
Barclays Bank PLC, Securities Investments
EntityCompany
Shares26,110
Max PriceUK£8.97
SellUK£74,34405 Oct 18
Barclays Bank PLC, Securities Investments
EntityCompany
Shares540
Max PriceUK£137.67
BuyUK£68,61905 Oct 18
Barclays Bank PLC, Securities Investments
EntityCompany
Shares500
Max PriceUK£137.24
BuyUK£237,49901 Oct 18
Robert Hoyt
EntityIndividual
Role
Chief Legal Officer
Group General Counsel
Shares136,525
Max PriceUK£1.74
BuyUK£206,24901 Oct 18
Tushar Morzaria
EntityIndividual
Role
Member of the Board of Directors
Group Finance Director & Executive Director
Shares118,561
Max PriceUK£1.74
BuyUK£293,74901 Oct 18
James Staley
EntityIndividual
Role
Chief Executive Officer
Group CEO & Executive Director
Shares168,860
Max PriceUK£1.74
BuyUK£174,99901 Oct 18
Ashok Vaswani
EntityIndividual
Shares100,597
Max PriceUK£1.74

Ownership Breakdown


Management Team

  • Jes Staley (63yo)

    Group CEO & Executive Director

    • Tenure: 3.8yrs
    • Compensation: UK£3.36m
  • Tushar Morzaria (50yo)

    Group Finance Director & Executive Director

    • Tenure: 5.9yrs
    • Compensation: UK£3.48m
  • Jamie Lundie

    Managing Director and Head of Corporate Communications

    • Tenure: 4.4yrs
  • Arne Hassel

    Chief Investment Officer

    • Tenure: 4yrs
  • Bob Hoyt (54yo)

    Group General Counsel

    • Tenure: 6.1yrs
  • Mark Ashton-Rigby

    Group COO & CEO of Barclays Execution Services

    • Tenure: 0.2yrs
  • Alisdair Gayne

    Head of UK Investment Banking

    • Tenure: 2.8yrs
  • Kathryn McLeland

    Head of Investor Relations & Group Treasurer

    • Tenure: 0yrs
  • Laura Padovani

    Group Chief Compliance Officer

    • Tenure: 2.7yrs
  • Adam Kelleher

    Chief Data Scientist for Research & Director

    • Tenure: 1.3yrs

Board Members

  • Nigel Higgins (59yo)

    Group Chairman

    • Tenure: 0.3yrs
  • Tim Breedon (61yo)

    Non-Executive Director

    • Tenure: 6.8yrs
    • Compensation: UK£225.00k
  • Jes Staley (63yo)

    Group CEO & Executive Director

    • Tenure: 3.8yrs
    • Compensation: UK£3.36m
  • Mark Merson (50yo)

    Non Executive Director of Barlclays Africa Group

    • Tenure: 0yrs
  • Zhi Qiu (64yo)

    Chairman of Investment Banking Unit - Greater China and Asia-Pacific Vice Chairman

    • Tenure: 10.2yrs
  • Diane Schueneman (67yo)

    Non-Executive Director

    • Tenure: 4.3yrs
    • Compensation: UK£337.00k
  • Crawford Gillies (63yo)

    Senior Independent Director

    • Tenure: 1.4yrs
    • Compensation: UK£222.00k
  • Tushar Morzaria (50yo)

    Group Finance Director & Executive Director

    • Tenure: 5.9yrs
    • Compensation: UK£3.48m
  • Carlos de Campos

    Chairman of BB SAU

    • Tenure: 0yrs
  • Mike Ashley (64yo)

    Non-Executive Director

    • Tenure: 6yrs
    • Compensation: UK£215.00k

Company Information

Barclays PLC's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Barclays PLC
  • Ticker: BARC
  • Exchange: LSE
  • Founded: 1690
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: UK£27.005b
  • Shares outstanding: 17.24b
  • Website: https://www.home.barclays

Number of Employees


Location

  • Barclays PLC
  • 1 Churchill Place
  • London
  • Greater London
  • E14 5HP
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BCLY.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1980
BARCLSE (London Stock Exchange)YesOrdinary SharesGBGBPJan 1980
BCYDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1980
BCYXTRA (XETRA Trading Platform)YesOrdinary SharesDEEURJan 1980
BARCLBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBGBPJan 1980
BARCSWX (SIX Swiss Exchange)YesOrdinary SharesCHCHFJan 1980
BCSNYSE (New York Stock Exchange)ADRUSUSDSep 1986
BCS NBMV (Bolsa Mexicana de Valores)ADRMXMXNSep 1986
BCY2DB (Deutsche Boerse AG)ADRDEEURSep 1986

Biography

Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, other European countries, the Americas, Africa, the Middle East, and Asia. The company operat ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/14 20:58
End of Day Share Price2019/09/13 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.