28-Mar-2024
Do U.S. Banks Deserve Their Valuation Premiums vs. UK Peers?
TipRanks (Thu, 28-Mar 3:11 PM ET)
Barclays Appoints David Garner as Global Head of Securitized Products Bond Trading
Business Wire (Thu, 28-Mar 3:07 PM ET)
Barclays to Become the Official Banking Partner of WNBA's New York Liberty
Business Wire (Wed, 27-Mar 8:52 AM ET)
Barclays Bank PLC Increases Purchase Price of Certain Cash Tender Offers and Consent Solicitations
Business Wire (Wed, 20-Mar 6:24 PM ET)
Barclays Bank PLC Updates Announcement of 24 Cash Tender Offers and Consent Solicitations
Business Wire (Thu, 7-Mar 12:38 AM ET)
Business Wire (Wed, 6-Mar 4:32 PM ET)
Barclays and Blackstone Credit & Insurance Agree to Sale of Credit Card Receivables
Business Wire (Tue, 27-Feb 8:00 AM ET)
Barclays appoints Na Wei as Global Head of Leveraged Finance
Business Wire (Tue, 6-Feb 10:40 AM ET)
Santander, Ramirez & Co. and Mischler Financial Group Join DirectBooks
PRNewswire (Wed, 24-Jan 8:00 AM ET)
Elwood Receives Authorization as a Service Company from UK Financial Conduct Authority
PRNewswire (Wed, 24-Jan 3:00 AM ET)
Barclays is a universal bank headquartered in the United Kingdom. It operates via two principal segments; U.K. (38% of profit before tax) and International (71% of PBT). In its U.K. segment, the bank provides current accounts, mortgages, savings and investment management services, credit cards, and business banking services to retail clients and small and medium-size enterprises. The international segment includes a corporate bank offering banking solutions to large corporates, a bulge-bracket global investment bank, and a credit card and payments business. In 2022, Barclays generated roughly 60% of its income from the U.K. and 25% from the United States.
Barclays PLC trades on the NYSE stock market under the symbol BCS.
As of March 28, 2024, BCS stock price climbed to $9.45 with 22,147,383 million shares trading.
BCS has a beta of 1.59, meaning it tends to be more sensitive to market movements. BCS has a correlation of 0.31 to the broad based SPY ETF.
BCS has a market cap of $35.66 billion. This is considered a Large Cap stock.
Last quarter Barclays PLC reported $7 billion in Revenue and $.21 earnings per share. This fell short of revenue expectation by $-430 million and missed earnings estimates by -$.15.
In the last 3 years, BCS stock traded as high as $12.20 and as low as $5.89.
The top ETF exchange traded funds that BCS belongs to (by Net Assets): DFIV, AVDE, DFAX, DFIC, AVIV.
BCS has outperformed the market in the last year with a price return of +46.0% while the SPY ETF gained +33.6%. BCS has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +22.2% and +3.1%, respectively, while the SPY returned +10.1% and +1.7%, respectively.
BCS support price is $9.28 and resistance is $9.56 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BCS stock will trade within this expected range on the day.