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Barclays profit rises by almost a 5th
Barclays boosts profit, ups income outlook as investment bank delivers
Barclays' reported a forecast-beating 18% rise in third-quarter profit on Thursday, and said slower than expected interest rate cuts and improving investment banking prospects would support revenues as it raised its income outlook for the year.
Barclays profit jumps 23% in third quarter, beating expectations
British bank Barclays on Thursday reported £1.6 billion ($2 billion) net profit attributable to shareholders for the third quarter, beating expectations.The result compared with the £1.17 billion net profit forecast in an LSEG poll of analysts and was 23% higher than the same period in 2023.
Barclays Profits Rise On UK, Investment Banking Gains
British bank Barclays on Thursday said its net profit jumped almost a quarter in the third quarter, helped by improved performance at its core UK and investment divisions alongside cost-cutting.
16h
Barclays Stung by £85 Million in Losses on Leverage Finance Book
Barclays Plc said it recorded £85 million in losses tied to its leveraged finance portfolio in the third quarter after it ...
1h
on MSN
UPS cleared a 'low bar' in Q3, says Barclays' Brandon Oglenski on his downgrade
Brandon Oglenski, Barclays, joins 'Fast Money' to talk UPS earnings and why he is still bearish on the stock. Posted: October ...
4h
European markets close marginally higher; Renault, Barclays shares rise after posting quarterly results
Shares of French fashion house Hermes gained 2.3% after the company reported a significant increase in third quarter sales, ...
17h
Barclays Traders, Dealmakers Help Pre-Tax Profit Top Estimates
Barclays Plc profit was buoyed by an increase in trading revenue in the third quarter as it benefited from the uptick in ...
U.S. News & World Report
21h
Barclays Third Quarter Profit Beats Forecasts With 18% Rise as Investment Bank Delivers
LONDON (Reuters) -
Barclays
' third quarter profit rose 18%, it said on Thursday, as its investment bank cashed in on a jump ...
6h
Barclays targeting RoTE of greater than 12% in 2026
Returns: targeting a greater than 12% RoTE; Capital returns: plan to return at least GBP 10B of capital to shareholders between 2024 and 2026, ...
12h
Barclays Hit by $110 Million Junk-Loan Loss
A big charge against lower-rated loans that pay for buyouts. The U.K. bank recorded "fair value losses" of £85 million, or about $110 million, in the third quarte ...
Opinion
11h
Opinion
Barclays and Deutsche Bank Need to Chase More Equity Deals
Barclays Plc and Deutsche Bank AG have both benefited from interest rates staying higher than expected this year, supporting ...
6h
Barclays’ Strong Financial Performance and Positive Outlook Justify Buy Rating
Morgan Stanley analyst Alvaro Serrano has maintained their bullish stance on BARC stock, giving a Buy rating on October 15. Alvaro ...
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