Barclays' total income in Q3 at £6.5B, up 5% - Breaking The News
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Barclays' total income in Q3 at £6.5B, up 5%

EPA-EFE/ANDY RAIN

Barclays plc revealed on Thursday that its total income in the third quarter of fiscal 2024 stood at £6.5 billion, up 5% compared to the same timeframe a year ago. In three months ending September 30, year over year, profit after tax soared 18% to £2.2 billion, while attributable profit jumped 23% to £1.6 billion.

Meanwhile, in the nine months ending September 30, on an annual basis, total income rose 5% to £19.8 billion, and profit after tax and attributable profit edged down 1% to £5.1 billion and £4.3 billion respectively. Earnings per share came in at 29.3 pence, rising from 28.2 pence registered in the same nine-month period in 2023.

"We continue to be focused on disciplined execution of our three-year plan and are encouraged with progress to date. Whilst there is more work to do, the Group is on track to achieve its target of greater than 12% RoTE in 2026," CEO C. S. Venkatakrishnan said.

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