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Barclays fell more than 6% in premarket trading

Tiger Newspress2021-04-30

Barclays fell more than 6% in premarket trading, and increased costs and bad debt provisions in the first quarter.

Barclays beats expectations in the first quarter as loan impairment charges slide

Barclays on Friday reported first-quarter net profit of £1.7 billion ($2.37 billion), helped by a rebound in equity trading and investment banking.

The British bank also said credit impairment charges had fallen “significantly” to £100 million, down from £2.1 billion in the first quarter of 2020.

Analysts had expected net income to come in at £1.3 billion for the first three months of the year, according to Refinitiv. The British bankpostednet income of £220 million for the fourth quarter of 2020.

Shares of Barclays are up about 31% since the start of the year.

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Comment20

  • AgentW
    ·2021-05-01
    Hmmm.... Barclays is so troubled by the EU exit .... I’m sidelined ...
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  • Shadowrider
    ·2021-05-01
    Is it time to buy
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    • MGHuat
      ok
      2021-05-01
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  • Sam51
    ·2021-04-30
    Pls like and comment ?
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    • kenong62
      same here please comment n like
      2021-05-01
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  • BruceLKH
    ·2021-04-30
    Unexpected 
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    • Sam51
      Yes inDeed
      2021-04-30
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  • Wallstrtbets
    ·2021-04-30
    Noted.
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  • AMz13
    ·2021-04-30
    Nice 
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  • ynwaben
    ·2021-04-30
    Fantastic. But nah
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  • ISSEY1413
    ·2021-04-30
    Woah!
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  • whoartthou
    ·2021-04-30
    Pls like n comment!
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  • Derrick0359
    ·2021-04-30
    [Cry] [Cry] 
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    • KHYAP
      Test water
      2021-04-30
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  • The_scalper
    ·2021-04-30
    Good thing not impacted by Archegos 
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    • whoartthou
      pls like n comment!
      2021-04-30
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  • AxThePro
    ·2021-04-30
    Why
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    • kstle
      [Helpless]
      2021-04-30
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  • nctony
    ·2021-04-30
    What going on to the market ( Crazy )
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  • Moneyface
    ·2021-04-30
    Noice
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  • MLLC
    ·2021-04-30
    Please like and comment ??
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    • MLLC
      Thanks!
      2021-04-30
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    • Xyl
      [Happy]
      2021-04-30
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    • Allenchang
      Ok
      2021-04-30
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  • MochiMama
    ·2021-04-30
    Like and comment pls
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    • Huathk
      Gd
      2021-04-30
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    • MLLC
      Here! Do reply thanks!
      2021-04-30
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  • Carolir
    ·2021-04-30
    Comment and like please thanks
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    • Carolir
      Thanks
      2021-05-03
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    • hal
      Hi
      2021-04-30
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  • Kayabunz
    ·2021-04-30
    Ooof
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  • Sena11
    ·2021-04-30
    Please like and comment. 
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    • Sena11
      Thank
      2021-04-30
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    • Sena11
      Thank
      2021-04-30
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    • Huathk
      Gd
      2021-04-30
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    View more 2 comments
  • ChingKH
    ·2021-04-30
    Drop drop drop
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