← All forecasts · October 19

BARC / Q3 2026

Barclays

Reported: October 22, 2026

Published forecast

2026-10-20T08:54:29.405069+00:00

Opus 5.5 High in Shortcut

Shortcut

0.12

Shortcut normalized EPS

+1.0% vs Street

Off by £0.0018 per share

Street

0.12

Street normalized EPS

Frozen October 18 snapshot

Off by £0.0030 per share

Real

0.123

Issuer basic EPS per ordinary share

Shortcut win

Reported result · October 22 ↗ · Issuer basic EPS of 12.3p equals £0.123 per ordinary share. Scored on the basic-share convention supported by the frozen CapIQ history, using the unrounded forecast £0.1212027 versus Street £0.12. The London quote currency and ADR figures are not used.

GBP per basic ordinary share. Percentages use unrounded forecasts.

Model download

Explore the assumptions and calculations behind the forecast.

Open in Shortcut ↗Download XLSX ↓

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 CapIQ history; the separate IFRS diluted/GAAP comparison is indicative only.

On the record.

Reporting basis
CapIQ normalized EPS per BASIC ordinary share in GBP, not pence; validated against provider history
Forecast completed
2026-10-19T19:41:50.521790+00:00
Published
2026-10-20T08:54:29.405069+00:00
Model assumptions and review notes
  • US Consumer Bank average assets retain a source-limited AA-portfolio simplification. An illustrative ex-AA alternative lowers EPS by about£0.0013; buyback timing gives roughly£0.1210–£0.1217. Original forward judgments were preserved.
  • The scored normalized comparison uses basic ordinary shares, consistent with the provider’s historical actuals. A separate IFRS diluted-versus-CapIQ GAAP comparison mixes share bases and is indicative only. Do not treat that auxiliary percentage as a matched comparison.
  • Copied segment levy-note text, a probability narrative reference and minor label clipping remain. Segment values, the unchanged EPS calculation and final probability are preserved. The complete same-Opus audit was recovered unchanged from its successful structured write in the preserved stream.
Research sources