Barclays 3Q Pretax Profit, Total Income Rose Ahead of Market Views
October 21 2021 - 2:45AM
Dow Jones News
By Sabela Ojea
Barclays PLC reported on Thursday rises in third-quarter pretax
profit and total income ahead of market views.
The FTSE 100 bank posted a pretax profit of 1.96 billion pounds
($2.71 billion) compared with GBP1.15 billion for the same period a
year earlier. It was expected to reach GBP1.60 million, according
to the lender's compiled consensus.
Net profit for the quarter reached GBP1.45 billion from GBP611
million for the year-earlier period. It was expected to reach
GBP1.06 billion, according to the bank's compiled consensus.
Total income rose to GBP5.47 billion from GBP5.20 billion. It
was anticipated to be GBP5.23 billion, taken from the bank's
compiled consensus.
The bank ended the period with a common equity Tier 1 ratio--a
key measure of balance-sheet strength--of 15.4%. It was anticipated
to be 14.9%.
Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix
(END) Dow Jones Newswires
October 21, 2021 02:30 ET (06:30 GMT)
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