Flash | 28 Jul 2026 02:11:17 ET │ 11 pages Barclays PLC (BARC.L) 2Q26 – Disappointing Divisional Mix & Incremental Investment Spend CITI'S TAKE 2Q26 PBT of £3.25bn is 3% above consensus (incl. £225m gain on AA), with revenues 3% ahead, opex 4% heavier and impairments 7% better. Our concern is that the mix is likely to disappoint with the three UK businesses showing a combined -2% PBT miss (on slightly weaker NII) and USCB an - 8% PBT miss (again on weaker NII). Meanwhile, the IB is 8% above consensus PBT, b ...