Barclays’ shares fall despite improved profits

Published on

Barclays Plc has reported pretax profit in the three months to the end of March increasing 47% to £1.8 billion from a revised 1.2 billion 12 months ago.

Its investment banking arm, Barclays Capital, posted a 62% increase in profits to £1.5 billion.

Barclays’ share price fell 4.7% in early trading following the news.

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Keystone cuts buy-to-let rates by 10bps

Keystone Property Finance has cut rates across the majority of its buy-to-let range, reducing...

Income levels now the biggest barrier to mortgage approval

More than one in four aspiring homebuyers have been denied a mortgage, with income...

Reframe Cancer appoints new marketing director

Reframe Cancer, the specialist cancer navigation provider, has appointed Denise Wond as marketing director. She...

The Newcastle expands 98% First Step mortgage to whole market

Newcastle for Intermediaries has widened access to its new low-deposit mortgage product, First Step,...

Chetwood Bank partners with Target Group for loan servicing

Target Group has been appointed by Chetwood Bank to manage the digital challenger’s loan...

Latest publication

Other news

Keystone cuts buy-to-let rates by 10bps

Keystone Property Finance has cut rates across the majority of its buy-to-let range, reducing...

Income levels now the biggest barrier to mortgage approval

More than one in four aspiring homebuyers have been denied a mortgage, with income...

Reframe Cancer appoints new marketing director

Reframe Cancer, the specialist cancer navigation provider, has appointed Denise Wond as marketing director. She...