Barclays PLC Sponsored ADR (BCS)
British bank Barclays posts 2024 pretax profit hike, launches £1 billion share buyback
British bank Barclays posted a rise in full-year pre-tax profit that came in just ahead of analyst expectations, while also launching a £1 billion share buyback. Pretax profit rose by 24% to £8.108 billion in 2024, just above analyst expectations of £8.081 billion, according to LSEG.
Barclays posts rises 24% rise in annual pretax profit
Barclays reported a 24% rise in annual pretax profit on Thursday, slightly above expectations, as its investment bank reported strong performance for 2024 and slower than expected interest rate cuts sustained income in its domestic lending business.
Is Northern Trust (NTRS) Stock Outpacing Its Finance Peers This Year?
Here is how Northern Trust Corporation (NTRS) and Barclays (BCS) have performed compared to their sector so far this year.
Tariffs could cause a massive supply shock to the auto industry, says Barclays' Dan Levy
Dan Levy, Barclays senior equity research analyst, joins 'Squawk box' to discuss the impact of tariffs on the auto industry, the likelihood of tariffs being implemented, state of the auto industry, and more.
Demand from housebuilders for biodiversity net gain 'is gaining momentum'
The market for 'biodiversity net gain' units has been thriving since the regulation came into force a year ago, according to the Environment Bank, though others have criticised the scheme for a lack of ambition. Exactly a year ago, the Department for Environment, Food & Rural Affairs introduced a mandatory minimum of 10% biodiversity net gain for developers, making sure habitats for wildlife "are left in a measurably better state than they were before the development".
Barclays (BCS) Upgraded to Buy: Here's What You Should Know
Barclays (BCS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Are You Looking for a Top Momentum Pick? Why Barclays (BCS) is a Great Choice
Does Barclays (BCS) have what it takes to be a top stock pick for momentum investors? Let's find out.
Barclays' Venu Krishna: Trump's new tariffs could create low single-digit drag on S&P earnings
Venu Krishna, Barclays head of U.S. equity linked strategies, joins CNBC's 'Squawk on the Street' to discuss the impact of potential tariffs on markets, what sectors are most at risk, and more.
Luxury goods companies starting to innovate after consumer pushback, Barclays says
Carole Madjo, head of European luxury goods research at Barclays, weighs in on the outlook for the luxury sector as firms look for ways to respond to weaker consumer demand.
Barclays buyback in focus as it kicks off bank results season
Barclays PLC will be the first to report of the UK bank results season, next Thursday, 13 February, followed in quick succession by Natwest on Friday, Lloyds the following Monday and then the Asia-focused HSBC and Standard Chartered later that week. Shares in Barclays have been the best performing over the past 52 weeks, up around 109%, with the FTSE 350 Banks index up almost 50% to the highest level since 2008.
Novo, Lilly still leaders in obesity drug development: Barclays
Emily Field, head of European pharmaceuticals research at Barclays, weighs in on rising competition in the global obesity drug market.
Barclays Completes Sale of German Consumer Finance Business
BCS completes the sale of its German consumer finance business. This is part of its initiative to streamline operations and focus on profitable ones.
