Barclays PLC (ADR) (NYSE: BCS) shares gained in the pre-market after the company delivered 4 percent increase in core profit for the nine-month period.
- Reports EPS of 19.4 pence for the nine-month period.
- Core profit before tax advanced 4 percent to £4.898 billion.
- Group RoTE fell to 4.4 percent from 5.8 percent in the year-ago period.
- Tangible NAV per share fell to 287 p at the end of September from 289 p at the end of June.
- Net operating income fell 6 percent to £14.739 billion.
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Barclays' CEO James Staley commented, "Our strategic priorities remain: strengthening our Core businesses; closing Barclays Non-Core as fast as possible; progressing the sell down of our stake in Barclays Africa to a point where we can achieve regulatory deconsolidation; eliminating costs in both Core and Non-Core; dealing with legacy issues; and meeting our end state capital requirements."
Following the results, the stock gained 4.29 percent to $9.23 in the pre-market session.