Barclays’ Personal and Corporate Banking arm, which also includes the wealth business, has registered attributable profit of £576m for the first quarter of 2015, a 20% rise compared to £480m a year ago.
The unit’s pre-tax profit jumped 14.38% £787m from £688m in the year ago quarter.
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Total income saw a marginal rise of 0.04% to £2.174bn from £2.173bn in the corresponding quarter of 2014.
Wealth income dipped 3.73% to £258m as compared to £268m in the same period of previous year.
Total assets for the first quarter were £294.1bn, an 8.32% rise compared to £271.5bn recorded in the first quarter of 2014.
Total operating expenses for the quarter decreased to £1.31bn from £1.35bn in the first quarter of 2014.
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By GlobalDataLoans and advances to customers at amortised cost increased to £219bn, up 1.62% as against £215.5bn a year earlier.
Barclays group chief executive Antony Jenkins said: "This performance represents another quarter of continued delivery, with further progress towards becoming the Go-To Bank.
"Our Core business, the future of Barclays, generated an adjusted PBT of £2.1bn, up 14% and representing our best quarterly performance in several years. Return on average equity was close to 11%, while return on average tangible equity was above 13%. Personal and Corporate Banking had another good quarter of profit growth, Africa Banking profits were also up considerably and Barclaycard maintained very good returns as we invested for growth in the business. The Investment Bank had a good Q1, with PBT up 37%, representing a performance which is more indicative of the potential of the franchise following the repositioning undertaken last year."
