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

AI-driven direct lending could erode mainstream mortgage advisers’ market share

Mortgage lenders could use artificial intelligence to attract more customers directly, putting pressure on...

Stamp duty exemption for downsizers could revive housing transactions

Removing stamp duty for older homeowners and people moving to smaller properties could help...

Interest rate expectations too pessimistic as inflation pressures ease

Financial markets may be overestimating the outlook for UK interest rates, with inflation potentially...

Landlords face changing buy-to-let market as lenders predict continued demand

Specialist lenders expect the buy-to-let sector to remain resilient despite regulatory changes, although attracting...

Swansea BS introduces digital mortgage application service for brokers

Swansea Building Society has introduced an online mortgage application portal for its 830 intermediary...

Latest publication

Other news

AI-driven direct lending could erode mainstream mortgage advisers’ market share

Mortgage lenders could use artificial intelligence to attract more customers directly, putting pressure on...

Stamp duty exemption for downsizers could revive housing transactions

Removing stamp duty for older homeowners and people moving to smaller properties could help...

Interest rate expectations too pessimistic as inflation pressures ease

Financial markets may be overestimating the outlook for UK interest rates, with inflation potentially...