BCS shares are up 32.3% YTD as cost cuts, capital redeployment and solid liquidity drive investor optimism. Is now a good buying opportunity?
BCS intends to slash more than 200 investment banking roles as it reallocates resources toward high-growth trading and advisory areas.
The Zacks Foreign Bank stocks like HSBC, IBN and BCS look set to benefit from core business focus and low rates despite global economic headwinds.
BCS trims costs and shifts focus to core units, targeting 2 billion euros in gross savings by 2026 to drive long-term profitability.
UK savers moved decisively into cash ISAs in April, pushing time deposits up 3.1 % while sight deposits fell 1.6 %, according to Bank of England data. That shift is typical for the start of the tax year, but it carries real implications for bank margins.
Barclays PLC (LSE:BARC) may be facing a potential US tax squeeze, but analysts at Keefe, Bruyette and Woods is urging investors not to jump to conclusions. In a recent note, the firm highlighted that while proposed US legislation could theoretically lead to higher tax bills for Barclays, the likelihood of it materialising in full appears low.
Nationwide Building Society has given the UK's listed banking sector a lift after reporting a 30% rise in annual profits and upbeat comments on its outlook. The mutual posted pre-tax profits of £2.3 billion for the year to the end of March, up from £1.8 billion a year earlier, despite returning a record £2.8 billion in value to its members.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Barclays (BCS) have what it takes?
Here is how Barclays (BCS) and BTCS Inc. (BTCS) have performed compared to their sector so far this year.
Mitul Kotecha of Barclays discusses the bond selloff in the U.S. but says foreign appetite still appears intact. He also talks about the rise in Japanese bond yields, adding that the magnitude has not reached a significant stage yet.
Barclays stock surges to a 5-year high on Tuesday. Discover if the rally has more room to run or signals time to cash out.
Barclays reported another strong quarterly result for Q125, with the Investment Bank division capitalizing on opportunities delivered by a period of heightened market volatility. Despite upgraded guidance for group net interest income, management left the FY25E return on tangible equity target of ~11% unchanged. Good progress continues to be made on efficiency savings, but operating costs are expected to increase over the remainder of the year.