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Barclays reports 18% profit rise
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 reports 18% profit rise as it lifts income guidance
Barclays said its third-quarter pretax profit rose 18% to £2.23 billion as it boosted its 2024 income target. Analysts polled by Visible Alpha expected a pretax profit of £1.96 billion. It now expects net interest income,
5h
Barclays stock advances after strong Q3 earnings; lifts NII guidance slightly
Barclays (BCS) stock jumped 5.8% in Thursday morning trading in the U.S. after the U.K.-based bank increased its net interest ...
Opinion
7h
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 ...
13h
on MSN
Barclays CEO: We are well protected against interest rate changes in the near term
The 6 Key Differences Between Costco, Sam’s Club, and BJ’s Devin White finds a new team after being cut by the Eagles I Asked ...
U.S. News & World Report
18h
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 ...
13h
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 ...
10h
Barclays alert as debit card declined twice - bank says this ‘definitely’ shouldn’t happen
A Barclays customer was left frustrated as their debit card was declined twice and they couldn't work out why. They contacted ...
2h
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, ...
2d
Barclays re-enters talks with Brookfield about deal for UK payments business, Sky News reports
Barclays has re-entered negotiations with Brookfield Asset Management about a deal to sell a stake in its British merchant ...
2d
on MSN
New York Liberty announce Barclays Center championship celebration: What to know, tickets, timing
The New York Liberty will be hosting a championship celebration for fans at Barclays Center on Thursday. The details were ...
3d
Bid for Barclays Sark estate 'rejected'
A bid to buy the Barclays estate in Sark has been rejected, the BBC understands. The Sark Property Company announced on 14 ...
12h
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 ...
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