Barclays: Set To Soar To Greater Heights
Source: SeekingAlpha
2025-01-06 02:00:00 ET
Summary
- Barclays had a stellar 2024, rising over 70%, driven by a rebound in investment banking activity, strong cost controls, and higher NIMs despite falling rates thanks to structural hedges.
- Management's ambitious targets for income growth through to FY26 haven't been priced in, with an improved cost-to-income ratio, and plans for giant shareholder returns.
- Unlike some other UK banks, BCS is uniquely positioned to benefit from both sides of the rate environment due to its structural hedges and IB division, offering multiple growth catalysts.
*For all intents and purposes, figures are in GBP and in statutory terms, unless stated otherwise. ...
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Barclays: Set To Soar To Greater Heights
Lloyds Banking Group Plc 9.25% Non Cum Pfd Shs
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