Barclays Share Discussion Threads

[xtrmntr] 25/10/2024 06:03

Hargreaves highlights Barclays' discount Barclays (BARC) is still trading at a discount despite a material re-rating this year and third-quarter results that pushed the shares to a nine-year high, says Hargreaves Lansdown.The Citywire Elite Companies AAA-rated banking giant reported profits of £2.2bn in the three months to the end of September versus expectations of £2bn, with lower impairments and in-line income boosting the shares 4.2% to 248p on Thursday, taking year-to-date gains to 60%.Analyst Matt Britzman said although there was 'slight disappointment' in investment banking, 'this should be taken as a decent set of results'.'Barclays has had a material re-rating over the year so far,' he said. 'Much of that's been justified, and the stock still looks to be trading at a discount to where it should be. However, the lack of visibility over the large investment banking division and how it meets medium-term growth targets is an anchor keeping things down.'The bank 'shifted some interest rate assumptions' which means a slightly better outlook for UK net interest income.'UK performance was also very much in line with what we saw from Lloyds [this week],' said Britzman. 'Default levels are low, mortgage activity is picking up, and deposit migration headwinds are easing.'

[johnwise] 25/10/2024 05:48

Yes that has happened in the UK a human 'dumping ground.'with open borders we are overrun with migrants..


The Daily Mail

Trump says Kamala Harris has turned the U.S. into a 'garbage can' because of her border policies

Donald Trump hammered Kamala Harris for her border security and immigration plans in front of thousands in Arizona Thursday, saying she's made the U.S. a human 'dumping ground.'

[johnwise] 24/10/2024 23:44

VIDEO

Starmer about to sign Britain up for reparations 'by the BACK DOOR'? -

'It's only a matter of time!'

GBNews

[smurfy2001] 24/10/2024 16:29

The payout will be the same if l understood correctly, however because there's less shares in issue the DPS will increase. They will be biasing buybacks.

[dope007] 24/10/2024 16:10

Hopefully a further dividend increase at the full year

[1224saj] 24/10/2024 13:42

Light the touch paper and stand back. I've just recovered my loss on Barclay from the 2008 crash ??

[smurfy2001] 24/10/2024 13:40

250p hit! 🥳🥂🎂🍾7880;

[smurfy2001] 24/10/2024 13:22

1p away 😊

[smurfy2001] 24/10/2024 12:41

North America's largest automaker is joining forces with Barclays to build loyalty and engagement with millions of GM customers.

[smurfy2001] 24/10/2024 12:35

Barclays shares soar to 9-year high as bank posts 23% profit rise

[martinmc123] 24/10/2024 10:10

4*
Barclays posted a Q3 profit beat this morning sending the share price up to new highs for the year. Group profit before tax was up 18% to £2.2bn, Group income of £6.5bn was up 5% year-on-year, with Group NII excluding IB and Head Office of £2.8bn, of which Barclays UK NII was £1.7bn. The business remains focused on disciplined execution of its three year plan and today raised guidance for 2024 Group Net Interest Income (NII) excluding Investment Bank (IB) and Head Office from c.£11.0bn to greater than £11.0bn. The share price liked the news


wealthoracle.co.uk/detailed-result-full/BARC/905

[smurfy2001] 24/10/2024 07:37

250p today?

[joemillion] 24/10/2024 07:27

£2.85 by Christmas now looking less of a fantasy...

[smurfy2001] 24/10/2024 07:03

Looks very positive to me.

[johnwise] 24/10/2024 06:36

CITYam.com


Barclays profit beats forecasts as investment bank rebounds


Barclays’ profit beat expectations in the third quarter as its Wall Street operations enjoyed a rebound in investment banking activity.

The FTSE 100 bank reported a pretax profit of £2.2bn between July and September, up 18 per cent from £1.9bn a year earlier.

A company-compiled analyst consensus had expected a third-quarter profit of £2bn.

Barclays’ earnings were boosted by its investment bank, which enjoyed six per cent year-on-year income growth to £2.9bn.
MORE

[angliatv] 24/10/2024 06:25

https://home.barclays/content/dam/home-barclays/documents/investor-relations/ResultAnnouncements/Q32024Results/Q324-Results-Presentation.pdf

[johnwise] 24/10/2024 06:16

Barclays PLC 3rd Quarter Results

[johnwise] 24/10/2024 06:08

So the British public need to work harder, work longer and receive lower pensions just so the government can afford to house, feed, educate and medicate hundreds of thousands of unwanted migrants


Cost of housing an asylum seeker ‘soars from £17k to £41k in just four years’ as hotel use surges

The IPPR estimated that the costs of asylum accommodation and support in 2019/20 were £739m. This has risen to an estimated £4.7bn in the financial year 2023/24.