BCS Posts Higher Q1 Earnings on Revenue Growth, Reveals Buyback Plan
Key Takeaways Barclays Q1 net income rose 4% as revenues climbed 6% y/y.BCS faced 2% higher expenses and 28% y/y jump in credit impairment charges, partly offsetting gains.Barclays announced a new buyback plan and expects 2026 CET1 of 13-14%.Barclays (BCS) reported first-quarter 2026 net income attributable to ordinary equity holders of £1.93 billion ($2.60 billion), up 4% from the prior-year quarter.An increase in revenues and a strong balance sheet supported the results. However, the company recorded high ...