Barclays Share Discussion Threads

[prbshares] 18/2/2021 08:03

bumpy ride coming up but imo blue by end of the day.... gla

[manics] 18/2/2021 08:02

I just don't buy it. Blue coming today imo.

[pugugly] 18/2/2021 08:01

Buy backs just help institutions - not good (imo) for PI's

[martym] 18/2/2021 08:01

Down grrrrrr

[prbshares] 18/2/2021 07:58

700m buy back will help support the share price ....

[forcemode] 18/2/2021 07:58

Bloomberg reporting is quite positive.....

[high yields] 18/2/2021 07:53

Miserable 1p of 154p

[johnwise] 18/2/2021 07:53

Wait until the effects of COVID-19 kick in...

Barclaysbad loan provision hits £4.8bn

COVID-19 response drives $24-trillion surge in global debt – IIF

The COVID-19 pandemic has added $24 trillion to the global debt mountain over the last year, a new study has shown, leaving it at a record $281 trillion and the worldwide debt-to-gross domestic product ratio at over 355%.

[manics] 18/2/2021 07:52

It's a tough act for LLOY to follow. If you agree with that then you'd got to expect blue here today.

[jordaggy] 18/2/2021 07:51

Barclays has resumed dividend payments as its 2020 profit dropped by 30% to £3.1bn. This was a better than expected result, as a strong performance by its investment banking division offset provisions against bad loans made because of the Covid-19 pandemic. The bank will pay a dividend of 1p a share for 2020 and embark on a share buyback of up to £700m.

Barclays also released its annual report, which shows that its chief executive Jes Staley was paid £4m last year, down from £5.9m the year before. This includes salary, bonuses and pension payments. Tushar Morzaria, the finance director, received a total package of £2.8m, down from £3.9m in 2019.

[gregpeck7] 18/2/2021 07:51

Agree look below headline figures and excellent results. Covid provisions are well over the top that will get reclassified in time and suddenly profits will surge. Economy unlocking and full speed ahead now.

[manics] 18/2/2021 07:50

16X on open after the auction imo.

[gbh2] 18/2/2021 07:49

EPS taken a huge blow .

[prbshares] 18/2/2021 07:49

Seems we all new the numbers would be down and to be expected what with the pandemic.

Market predicted lower and in fact the last quarter was a good performer (considering).

1p divi is light but its a start and will give something back. Banks don't generally hand out divi's if they think there running out of money or times are going to get worse

Interesting to see how the market views this but i would go with blue based on the resilience of the bank.

gla

[marksp2011] 18/2/2021 07:47

4Q profit is twice consensus
Consensus payout 3.5p v 5p (just that only 1p is a cash divi)

All depends how you look at it :)

i think the glass is 3/4 full but I expect this will be a bumpy ride but blue by end of the day

[manics] 18/2/2021 07:46

It's a beat, most anyway you look at it.

[sr2day] 18/2/2021 07:44

UP another 10p today.

[marksp2011] 18/2/2021 07:40

If you have access to Bloomberg, JS is being interviewed in the next hour. He was on BB TV earlier bigging it up

[marksp2011] 18/2/2021 07:39

JohnWise - Impairments lower than expected. Still profitable and paying a divi. Given where we have been for the last year what on earth did you expect?

[manics] 18/2/2021 07:36

Johnwise: dismal yes, though not as dismal as feared...

[gregpeck7] 18/2/2021 07:35

Don't hold but it's all down to setting aside a fortune for Covid. That money will come back it's just a political life so they don't look like profiting from misery etc. That's what's hit the headline figure. Underlying performance looks excellent

[johnwise] 18/2/2021 07:33

Cut the B.S. its a Dismal Performance..

Barclays’ annual profit in 2020 fell by half, the bank reported on Thursday

[arja] 18/2/2021 07:32

seems likely to fall today as results worse than market expected - but who knows and may surprise us . might be good for a trade today if falls sharply !