The quarterly performance was boosted by net provision releases and tax gains which partly offset seasonally lower revenues. Management did not commit to any precise guidance but reiterated its confidence in the group’s ability to maintain the RoTE above 10% over the medium term.
23 Feb 2022
Confirmed 10% RoTE guidance
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Confirmed 10% RoTE guidance
Barclays PLC (BARC:LON) | 180 2.6 0.8% | Mkt Cap: 27,097m
- Published:
23 Feb 2022 -
Author:
David Grinsztajn -
Pages:
2
The quarterly performance was boosted by net provision releases and tax gains which partly offset seasonally lower revenues. Management did not commit to any precise guidance but reiterated its confidence in the group’s ability to maintain the RoTE above 10% over the medium term.