Barclays recorded record pre-tax profits in the third quarter.
Profit reached £6.9 billion. This is up from £2.4 billion profits made in the same period last year.
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“We look forward to continuing to support our customers and clients throughout the Covid-19 pandemic, achieving double-digit memorization quarterly and providing over 10% of annual memorization,” James E.Staly said. I said. Group CEO.
“Although CIB performance remains a domain of group strength, we also see evidence of early signs of consumer recovery and a more favorable rate environment. Against this background, we are focusing on cost-effectiveness and high growth. It focuses on balancing further investments in opportunities.”
The latest figures from the banks are beating expectations from the city. Barclays’ shares doubled last year and opened at 196p today.
“Today’s third quarter report from Barclays continued to show strong corporate and investment performance, which earned a comparable Q3 YTD along with a good rate of consumer recovery,” said Financial Brokerage XTB Comments on
“Overall, in a positive report showing higher expectations for revenue, highlighting the need to assess costs and adjust dividends, and highlighting the possibility of implementing stock buybacks if necessary. did.”
