v3.25.2
Segmental analysis - Adjusted profit before tax (Details)
£ in Millions
 6 Months Ended
Jun. 30, 2025
GBP (£)
Jun. 30, 2024
GBP (£)
Disclosure of operating segments [line items]    
Net operating income/(expense) before change in expected credit losses and other credit impairment charges [1] £ 4,135 £ 3,552
– of which: net interest income/(expense) 594 658
Change in expected credit losses and other credit impairment charges (75) 53
Net operating income 4,060 3,605
Total operating expenses (2,925) (2,485)
Operating profit 1,135 1,120
Share of profit in associates and joint ventures 29 16
Profit before tax 1,164 1,136
Operating segments    
Disclosure of operating segments [line items]    
Net operating income/(expense) before change in expected credit losses and other credit impairment charges 4,135 3,552
Change in expected credit losses and other credit impairment charges (75) 53
Net operating income 4,060 3,605
Total operating expenses (2,925) (2,485)
Operating profit 1,135 1,120
Share of profit in associates and joint ventures 29 16
Profit before tax £ 1,164 £ 1,136
Adjusted cost efficiency ratio 0.707 0.700
Operating segments | CIB    
Disclosure of operating segments [line items]    
Net operating income/(expense) before change in expected credit losses and other credit impairment charges £ 3,357 £ 3,068
Change in expected credit losses and other credit impairment charges (61) 52
Net operating income 3,296 3,120
Total operating expenses (2,273) (1,991)
Operating profit 1,023 1,129
Share of profit in associates and joint ventures 0 0
Profit before tax £ 1,023 £ 1,129
Adjusted cost efficiency ratio 0.677 0.649
Operating segments | IWPB    
Disclosure of operating segments [line items]    
Net operating income/(expense) before change in expected credit losses and other credit impairment charges £ 699 £ 714
Change in expected credit losses and other credit impairment charges (12) 6
Net operating income 687 720
Total operating expenses (488) (410)
Operating profit 199 310
Share of profit in associates and joint ventures 0 0
Profit before tax £ 199 £ 310
Adjusted cost efficiency ratio 0.698 0.574
Operating segments | Corporate Centre    
Disclosure of operating segments [line items]    
Net operating income/(expense) before change in expected credit losses and other credit impairment charges £ 79 £ (230)
Change in expected credit losses and other credit impairment charges (2) (5)
Net operating income 77 (235)
Total operating expenses (164) (84)
Operating profit (87) (319)
Share of profit in associates and joint ventures 29 16
Profit before tax £ (58) £ (303)
Adjusted cost efficiency ratio 0 0
Operating segments excluding intersegment elimination    
Disclosure of operating segments [line items]    
– of which: net interest income/(expense) £ 594 £ 658
Operating segments excluding intersegment elimination | CIB    
Disclosure of operating segments [line items]    
– of which: net interest income/(expense) 1,546 1,527
Operating segments excluding intersegment elimination | IWPB    
Disclosure of operating segments [line items]    
– of which: net interest income/(expense) 452 477
Operating segments excluding intersegment elimination | Corporate Centre    
Disclosure of operating segments [line items]    
– of which: net interest income/(expense) £ (1,404) £ (1,346)
[1] Net operating income before change in expected credit losses and other credit impairment charges is also referred to as revenue.