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Barclays Tweaks Revenue Guidance
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 Tweaks Revenue Guidance After Profit Beat
Barclays raised its forecast for net interest income forecast for the year after third-quarter results beat eastmates, boosted by a rebound in investment banking activity.
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.
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 ...
The Mirror
9h
Barclays profit up by nearly a fifth as investment bank cashes in on dealmaking
Barclays
has reported a near 20% surge in its recent earnings, as the investment banking unit capitalised on an increase in ...
14h
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 ...
1h
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, ...
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 ...
2h
Barclays reports Q3 EPS 10.7p vs. 8.3p last year
Group statutory RoTE was 12.3% with profit before tax of GBP 2.2B; Group income of GBP 6.5B was up 5% year-on-year, with Group NII excluding IB ...
Investing
7h
Barclays shares rise after jump in Q3 profit and steady revenue growth
Investing.com -- Shares of Barclays (LON: BARC) rose on Thursday after it reported a jump in attributable profit for the ...
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