Barclays Q3 earnings

British Lenders Barclays It reported a profit on Wednesday as it announced a £500 million ($667 million) share buyback.

“We have consistently delivered strong and consistent capital generation for our shareholders over the past nine quarters,” CEO CS Venkatakrishnan said in a statement.

“As a result, we have decided to bring forward part of our full-year distribution plans with the £500m share buyback announced today and we now plan to move to quarterly share buyback announcements. Our consistent and strong distribution has laid the foundation for further performance beyond 2026 and I look forward to sharing our updated targets for F202020258.”

Pre-tax profit for the third quarter came in at £2.1 billion, slightly below analysts’ expectations and down 7% on the same period in 2024.

Return on tangible equity for the quarter came in at 10.6%, down from 12.3% a year ago, while earnings per share came in at 10.4 pence.

Income in the investment banking segment grew 8% year-on-year.

Strong investment banking returns Helped drive European financial stocks higher This year, co Stoxx 600 Bank Index By 2025, there has been an increase of over 55% so far. Barclays shares are up more than 35% year-to-date.

Across the Atlantic, industry heavyweights JPMorgan Chase and Goldman Sachs also reported stronger-than-expected third-quarter earnings last week, with both firms’ results boosted by earnings shocks at their investment banking units.

Since then this area has come into discussion across the state Fear grew On the possibility of bad loans on Wall Street. The shocks arrived European banking stocks on FridayShares recovered quickly though, confident that there was no systemic problem.