The quarter enjoyed stronger-than-expected provision releases and a partial reversal of the first quarter negative equity adjustments, whereas the DTA remeasurement offset ongoing restructuring charges.
28 Jul 2021
Provision releases and equity adjustments boost
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Provision releases and equity adjustments boost
Barclays PLC (BARC:LON) | 185 3.4 1.0% | Mkt Cap: 27,862m
- Published:
28 Jul 2021 -
Author:
David Grinsztajn -
Pages:
2
The quarter enjoyed stronger-than-expected provision releases and a partial reversal of the first quarter negative equity adjustments, whereas the DTA remeasurement offset ongoing restructuring charges.