Performance Highlights
Barclays delivered return on tangible equity (RoTE) of 11.0% in Q323 and 12.5% in Q323 YTD
C. S. Venkatakrishnan, Group Chief Executive, commented
"We delivered an 11.0% RoTE in Q3, against a mixed market backdrop, as we continued to manage credit well, remained disciplined on costs and maintained a strong capital position, with a Common Equity Tier 1 (CET1) ratio of 14.0%. We see further opportunities to enhance returns for shareholders through cost efficiencies and disciplined capital allocation across the Group. We will provide an Investor Update at FY23 results which will include setting out our capital allocation priorities, as well as revised financial targets"
Q323 Group RoTE of 11.0% and Q323 YTD of 12.5%. Barclays UK Q323 RoTE of 21.0% and Q323 YTD of 20.6%
Prudent risk management with Q323 YTD loan loss rate (LLR) of 43bps
Strong balance sheet with CET1 ratio of 14.0%
c.7.5p total distributions per share announced at H123: dividend of 2.7p now paid, and completed the share buyback of £750m
https://www.investegate.co.uk/announcem ... ts/7834556
Also posted on Company News here; viewtopic.php?p=622626#p622626
I suspect that some hereabouts may hold these, so this might be of interest here.
Ian (No holding).