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BCS

Barclays PLC

https://www.home.barclays

Industry

Banks - Diversified

Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International divisions. It offers financial services, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services. The company also engages in securities dealing activities; and issues credit cards. The company was formerly known as Barclays Bank Limited and changed its name to Barclays PLC in January 1985. Barclays PLC was founded in 1690 and is headquartered in London, the United Kingdom.

Open

12.96

Mkt cap

47B

Volume

6.4M

High

13.11

P/E Ratio

9.28

52-wk high

13.57

Low

12.93

Div yield

0.04

52-wk low

7.02

Barclays is reportedly in discussions to acquire a mortgage book valued at £3 billion from Metro Bank, according to Sky News. This move could potentially expand Barclays' mortgage lending business in the UK.

Portfolio Pulse from Charles Gross

November 27, 2023 | 12:37 pm

Citigroup Inc (NYSE:C) is planning to launch a direct lending strategy by early January to tap into the $1.6 trillion private credit market. This move is part of a trend among banks like Wells Fargo & Co (NYSE:WFC), Barclays Plc (NYSE:BCS), and Societe Generale SA (OTC:SCGLY), which are expanding into private debt. Citigroup's strategy will offer a range of financing options, including high-yield bonds, leveraged loans, or private credit, to meet the needs of companies and private equity owners, especially in anticipation of a rise in buyout deals.

Portfolio Pulse from Vandana Singh

November 22, 2023 | 2:15 pm

Barclays Inc. (NYSE:BCS) stock price is at $7.12, experiencing a 0.84% drop in the current market session. Despite a 9.57% increase over the past month, the stock has fallen by 7.08% over the past year. The company's P/E ratio is lower than the Banks industry average, which could indicate either potential undervaluation or weaker growth prospects.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 5:30 pm

Barclays is reportedly exploring a deal to acquire the banking business of Tesco, according to sources cited by Reuters. This potential acquisition could expand Barclays' retail banking presence.