Barclays shares hit nine-year high after third quarter profit jumps 23%, beating expectations

Barclays shares hit nine-year high after third quarter profit jumps 23%, beating expectations

LONDON — British bank Barclays on Thursday reported £1.6 billion ($2 billion) net profit attributable to shareholders for the third quarter, beating expectations. The result compared with the £1.17 billion net profit forecast in an LSEG poll of analysts and was 23% higher than the same period in 2023. Revenue for the period came in at £6.5 billion,…

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