Market Flux Event
Barclays Q3 Pre-Tax Profit Rises 12% to £2.3 Billion, Bank Launches £500 Million Buyback
Read this in the Market Flux appBarclays reported a 12% increase in third-quarter pre-tax profit to £2.3 billion, driven by higher income and lower impairment charges, and announced a new £500 million share buyback programme equivalent to approximately $670 million.
Group income grew 3% to £7.4 billion in the quarter. Attributable profit climbed 13% to £1.6 billion, while earnings per share rose 18% to 12.3 pence, reflecting both the improved earnings and the ongoing reduction in the share count from prior buyback activity.
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Sources
- LiveSquawkBarclays Q3 2026 Earnings - Pretax Profit: GBP 2,3B - Net Interest Income: GBP 3.91B - RoTE: 11.7% - CET1 Ratio: 14.2% - Sees 2026 Group RoTE: Greater Than 12% - Sees 2026 CET1 Ratio Target Range: 13-14% - Sees 2028 Group RoTE: Greater Than 14%
- ReutersBarclays Q3 profit rises 12%, announces $670 million buyback
- Proactive_X$BARC Barclays profit rises 12% as bank launches £500 million buyback #BARC
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