Aug 01, 2019 / 09:30AM GMT
Operator
Welcome to the Barclays Half Year 2019 Analyst and Investor Conference Call. I'll now hand you over to Jes Staley, Group Chief Executive; and Tushar Morzaria, Group Finance Director.
James Edward Staley - Barclays PLC - Group CEO & Executive Director
Good morning, everyone. This was another resilient quarter of performance for Barclays. We balanced some headwinds in our U.K. consumer business with good performance coming from the Corporate and Investment Bank.
For the second quarter in a row, Barclays has generated a profit of over GBP 1 billion, and the bank delivered earnings per share of 12.6p for the first half of 2019. Excluding litigation and conduct, profit before tax was GBP 1.6 billion in the quarter, and GBP 3.1 billion for the first half of the year.
Our group return on tangible equity of 9.3% for the quarter is a further step towards meeting our 2019 RoTE target of greater than 9%. It's worth noting that we have now produced a group RoTE of over 9% in 5 of the last 6 quarters we have reported.
Turning to capital. Our
Half Year 2019 Barclays PLC Earnings Call Transcript
Aug 01, 2019
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