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.

[tds_create_account btn_bg_h="#000000" f_text_font_family="global-2_global" show_version="" tdc_css="eyJhbGwiOnsiYm9yZGVyLXJhZGl1cyI6IjUiLCJkaXNwbGF5IjoiIn19"]

Latest articles

Gable Mortgages adds zero-deposit range to Sourcing Brain

Gable Mortgages has joined Mortgage Brain's Sourcing Brain platform, giving brokers access to its...

Remortgage searches rise 11% year on year as August activity slows

Remortgage searches continued to support mortgage market activity in August, with Twenty7tec recording an...

The Darlington rescues mortgage rates by up to 40bps

Darlington Building Society has cut rates across its residential and specialist mortgage ranges by...

House price fall fails to solve first-time buyer deposit barrier

Millions of working renters remain unable to buy their first home despite UK house...

Mortgage Mogul targets growth with high street move

The Mortgage Mogul is targeting further growth after establishing a high street presence in...

Latest publication

Other news

Gable Mortgages adds zero-deposit range to Sourcing Brain

Gable Mortgages has joined Mortgage Brain's Sourcing Brain platform, giving brokers access to its...

Remortgage searches rise 11% year on year as August activity slows

Remortgage searches continued to support mortgage market activity in August, with Twenty7tec recording an...

The Darlington rescues mortgage rates by up to 40bps

Darlington Building Society has cut rates across its residential and specialist mortgage ranges by...