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2026-10-22T09:56:20.000Z

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Barclays Q3 profits hit $3 billion

Barclays Q3 profits hit $3 billion

Barclays Bank announced a more than 12% increase in its profits for the third quarter of 2026, reaching $3 billion. The growth was supported by increased income from trading and investment activities in the stock market. The bank benefited from the strong performance of equity markets, with return on shares rising by 47% compared to the previous year, despite a 19% decline in fixed-income trading revenue. This aligns with the bank's strategy to improve performance through cost reduction and technology enhancement. The bank is close to completing a three-year plan to achieve its financial goals.

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