Barclays Share Discussion Threads

[manics] 18/2/2021 07:10

Jes Oct20: "“We have, we think, the strongest balance sheet the bank has had in modern times,” Jes Staley said today."

[manics] 18/2/2021 07:08

JES...!

No full year 2020 dividend is to be paid to Barclays PLC.

[manics] 18/2/2021 06:59

Let's get it. GLA!

[portside1] 18/2/2021 06:56

Staley is on cnbc in a few mins live

[johnwise] 18/2/2021 06:21

17 Feb, 2021 23:24

Ahead of Barclays's latest full-year results, UBS analyst Jason Napier told clients he was forecasting fourth quarter profits before tax of £153m, which would be flat on a year ago.

The lender's tier one capital cushion was however expected to print at 14.6%, for an 80 basis point increase on the year before.

Net interest margins were seen largely stable in comparison to the preceding two quarters, for a full-year drop of 50 basis points to 2.59% on average.

However, net interest income was seen falling by 8% on the quarter and by 20% in comparison to a year earlier.

Looking to 2021, the shift in mix towards mortgages and government guaranteed lending for small and medium enterprises and away from credit cards seen during the prior year was expected to weigh on NII.

Commercial and investment bank revenues were also expected to normalise.

All told, income was seen falling by 5% over the course of the year ahead.

Even so, profitability was expected to improve as loan losses diminished with potential for "outperformance" on capital distributions, the latter possibly thanks in part to loan loss reserve releases in 2022.

"Given the attractive valuation, we remain Buyers of Barclays," Napier said in the same research note sent to clients.

[stonedyou] 17/2/2021 20:53

Sales & Trading Likely To Enable Barclays Stock To Surpass Q4 Revenue Estimates.



Barclays (NYSE: BCS) is scheduled to report its fiscal Q4 2020 results on

Thursday, February 18. We expect Barclays to likely beat the consensus estimates

for revenues, while its earnings are likely to be lower than the expectations. The

company reported third-quarter revenues of $6.77 billion – down by 5% y-o-y. It

was driven by lower core banking revenues – Barclays UK and consumer, cards &

payments units suffered due to the lower interest rate environment and a drop in

consumer demand, partially offset by growth in market-driven revenues (sales &

trading). We expect the same to drive the fourth-quarter results. Overall, the

bank is expected to report a slight drop in the full year 2020 revenues on a year-

on-year basis. (Note: - Barclays reports its results in Pound and the same has

been converted into U.S. Dollar for ease of analysis.)

Our forecast indicates that Barclays valuation is around $7 per share, which is

12% lower than the current market price of around $8. Look at our interactive

dashboard analysis on Barclays’ pre-earnings: What To Expect in Q4? for more

details.

[jordaggy] 17/2/2021 18:55

CFO's cousin?

[1224saj] 17/2/2021 18:04

Someone fancy's there luck tomorrow at 16.30.04

[jordaggy] 17/2/2021 17:55

More click bate irrelevance from the Fools!

[prbshares] 17/2/2021 17:18

Its in the lap of the gods now, lets hope that our end of month targets : 163p , 180p and 200p at least average out the share price by then .

I am guessing the results tomorrow will read something like this (summarised) :

"Its been a challenging year for all financial institutions with consumer banking bearing the brunt of the pandemic. Barclays has set aside considerable write downs for bad debt but has had its balance sheet bolstered by the Investment side of the business which continues to outperform the market. US and European markets have steadied over the past 6 months leading Barclays to believe that there is significant growth to come as the economy begins to return to strength due to the rapid vaccine take up. Mortgage applications have increased of late and thus Barclays board has instructed the reinstatement of a 3.7% dividend as of May 1st 2021..bring on the roaring 20's !!"

....gla and lets hope fortune favours the brave 🤞🤞🤞

[jordaggy] 17/2/2021 16:38

Pre market loaded up then...:) making a fool of of me, like I need any help...

[manics] 17/2/2021 16:37

That's it. Ride or die. Jolly good luck everyone.

[jordaggy] 17/2/2021 15:21

Put your finger on the trigger at 4:28 but don't push it until you see it turn...

[manics] 17/2/2021 15:19

Good luck PRBSHARES! I'm itching too but I think I'm going to leave it.

Holding for results -when will I ever learn!

[prbshares] 17/2/2021 14:50

seems to be tracking the ftse like mad .... will be interesting to see where she closes but could be even on the day ? Not sure what that is going to tell us on tomorrows performance ? I took a few more under the belt today so fingers crossed for tomorrow gla

[manics] 17/2/2021 14:45

...they might be making us work for it here boys.

[portside1] 17/2/2021 14:24

Before I go will barcs not pay a div till sept

[portside1] 17/2/2021 14:21

I would of thought that the share price would of been up today Ido not like it when it's down day before finals No director family buys as of yet

[portside1] 17/2/2021 14:19

Stondyou you are a nice person keep safe I have made more money in my life than I every needed I give a lot to my children and grand children and now my great grand children they are my life The little one is now 3 going on 30 He is far better than me on I pad or phone how do they know So much at such a young age I have been attempting to use a iPad and a phone I am useless But very good at making money Yes those three tips are good I will give you a top tip soon