This headline was corrected at 0606 GMT. The original misstated the period as third quarter.
This headline was corrected at 0606 GMT. The original misstated the period as third quarter.
This headline was corrected at 0606 GMT. The original misstated the period as third quarter.
Barclays PLC reported on Thursday rises in third-quarter pretax profit and total income ahead of market views.
The FTSE 100 bank posted a pretax profit of 1.96 billion pounds $2.71 billion compared with GBP 1.15 billion for the same period a year earlier. It was expected to reach GBP 1.60 million, according to the lender's compiled consensus.
Net profit for the quarter reached GBP 1.45 billion from GBP 611 million for the year-earlier period. It was expected to reach GBP 1.06 billion, according to the bank's compiled consensus.
Total income rose to GBP 5.47 billion from GBP 5.20 billion. It was anticipated to be GBP 5.23 billion, taken from the bank's compiled consensus.
The bank ended the period with a common equity Tier 1 ratio - a key measure of balance sheet strength - - of 15.4%. It was anticipated to be 14.9%.