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# Barclays Unveils Three-Year Strategic Plan Targeting RoTE Above 12% and £10 Billion in Shareholder Returns
- URL: https://www.theglobalbanker.com/barclays-unveils-three-year-strategic-plan-targeting-rote-above-12-percent-and-10-billion-in/
- Published: 2024-02-20T08:00:00.000Z
- Updated: 2026-10-02T12:53:52.000Z
- Description: Barclays has announced a three-year strategic plan aimed at achieving a return on tangible equity above 12% and returning at least £10 billion to shareholders by 2026.
- Author: TGB Editorial Team
- Tags: Banking News, Europe, #archive

Barclays has announced a three-year strategic plan designed to make the group simpler, more balanced, and more profitable, with targets including a return on tangible equity (RoTE) above 12% and the return of at least £10 billion to shareholders by the end of 2026\. The plan was announced on 20 February 2024.

The plan commits to rebalancing the group's business mix and to creating a bank whose earnings are more diversified and more predictable.

#### REBALANCING THE INVESTMENT BANK

A central element of the strategic plan is the commitment to reduce the investment bank's share of group risk-weighted assets from its current level of 58% to approximately 50%. This reallocation of capital is intended to free up resources for businesses including Barclays UK, the UK Corporate Bank and Private Bank & Wealth Management.

Barclays also targets a cost-to-income ratio in the high-50s percentage range. 

#### SHAREHOLDER RETURNS

Barclays plans to return at least £10 billion to shareholders by 2026 through a combination of dividends and share buybacks. 

Barclays has framed the three-year targets as achievable on the basis of its existing business mix and the execution levers available to management.