Barclays’ third-quarter profit estimates were only marginally exceeded on Tuesday, as the company’s credit card and consumer divisions outperformed the investment bank’s declining revenues.
The British lender announced pretax earnings of 1.9 billion pounds ($2.33 billion) for the period, which is less than the 2 billion pounds it reported a year earlier but still exceeds the 1.77 billion pounds that analysts had predicted.
A consensus estimate of £1.18 billion was generated by analysts surveyed by Reuters; this is less than the £1.33 billion from the second quarter and the £1.51 billion from the same time in 2022.
Barclays’ consumer banking business saw pre-tax profits rise 13% to £541 million, as the bank benefited from higher net interest income and lower impairment charges.
The credit card business also performed well, with pre-tax profits up 15% to £246 million. This was driven by increased spending on credit cards and higher interest rates.
Amidst a “mixed market backdrop,” Barclays CEO C.S. Venkatakrishnan stated that the bank “continued to manage credit well, remained disciplined on costs and maintained a strong capital position.”
Barclays is a British multinational investment bank and financial services company headquartered in London. It is a universal bank, offering a wide range of services to personal, corporate and institutional clients worldwide, including consumer banking, investment banking, corporate banking, wealth management and insurance.
In addition to being one of the biggest banks in the UK, Barclays is also widely distributed throughout the US, Europe, Asia, and Africa. It is included in both the Euro Stoxx 50 Index and the FTSE 100 Index.
John Freame and Thomas Gould established Barclays in 1690 when they set up a goldsmith shop on London’s Lombard Street. The bank had a significant impact on the growth of the British economy and experienced tremendous growth in the 18th and 19th centuries.
[{"id":15049,"link":"https:\/\/www.kwaralefro.com\/2026\/02\/kwara-north-pdp-hails-dr-abubakar-bukola-saraki-over-ramadan-relief-package\/","name":"kwara-north-pdp-hails-dr-abubakar-bukola-saraki-over-ramadan-relief-package","thumbnail":{"url":"https:\/\/www.kwaralefro.com\/wp-content\/uploads\/2024\/08\/IMG-20240828-WA0018.jpg","alt":""},"title":"Kwara North PDP Hails Dr. Abubakar Bukola Saraki Over Ramadan Relief Package","author":{"name":"Adebayo","link":"https:\/\/www.kwaralefro.com\/author\/admin\/"},"date":"Feb 22, 2026","dateGMT":"2026-02-22 08:36:40","modifiedDate":"2026-02-22 08:36:43","modifiedDateGMT":"2026-02-22 08:36:43","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/www.kwaralefro.com\/category\/kwara-news\/\" rel=\"category tag\">Kwara News<\/a>","space":"<a href=\"https:\/\/www.kwaralefro.com\/category\/kwara-news\/\" rel=\"category tag\">Kwara News<\/a>"},"taxonomies":{"post_tag":"<a href='https:\/\/www.kwaralefro.com\/tag\/bukola-saraki\/' rel='post_tag'>Bukola Saraki<\/a><a href='https:\/\/www.kwaralefro.com\/tag\/kwara\/' rel='post_tag'>Kwara<\/a><a href='https:\/\/www.kwaralefro.com\/tag\/kwara-state\/' rel='post_tag'>kwara state<\/a>"},"readTime":{"min":1,"sec":25},"status":"publish","excerpt":""},{"id":15046,"link":"https:\/\/www.kwaralefro.com\/2026\/02\/patigi-commends-saraki-for-ramadan-support-reaffirms-confidence-in-pdps-future\/","name":"patigi-commends-saraki-for-ramadan-support-reaffirms-confidence-in-pdps-future","thumbnail":{"url":"https:\/\/www.kwaralefro.com\/wp-content\/uploads\/2024\/12\/WhatsApp-Image-2024-12-18-at-21.28.31_6db11f1e.jpg","alt":""},"title":"Patigi Commends Saraki for Ramadan Support, Reaffirms Confidence in PDP\u2019s Future","author":{"name":"Adebayo","link":"https:\/\/www.kwaralefro.com\/author\/admin\/"},"date":"Feb 22, 2026","dateGMT":"2026-02-22 08:32:47","modifiedDate":"2026-02-22 08:32:51","modifiedDateGMT":"2026-02-22 08:32:51","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/www.kwaralefro.com\/category\/kwara-news\/\" rel=\"category tag\">Kwara News<\/a>","space":"<a href=\"https:\/\/www.kwaralefro.com\/category\/kwara-news\/\" rel=\"category tag\">Kwara News<\/a>"},"taxonomies":{"post_tag":""},"readTime":{"min":1,"sec":3},"status":"publish","excerpt":""},{"id":15044,"link":"https:\/\/www.kwaralefro.com\/2026\/02\/kwara-north-community-appreciates-saraki-for-ramadan-support\/","name":"kwara-north-community-appreciates-saraki-for-ramadan-support","thumbnail":{"url":"https:\/\/www.kwaralefro.com\/wp-content\/uploads\/2024\/08\/WhatsApp-Image-2024-08-30-at-16.31.10.jpeg","alt":""},"title":"Kwara North Community Appreciates Saraki for Ramadan Support","author":{"name":"Adebayo","link":"https:\/\/www.kwaralefro.com\/author\/admin\/"},"date":"Feb 22, 2026","dateGMT":"2026-02-22 08:29:03","modifiedDate":"2026-02-22 08:29:05","modifiedDateGMT":"2026-02-22 08:29:05","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/www.kwaralefro.com\/category\/kwara-news\/\" rel=\"category tag\">Kwara News<\/a>","space":"<a href=\"https:\/\/www.kwaralefro.com\/category\/kwara-news\/\" rel=\"category tag\">Kwara News<\/a>"},"taxonomies":{"post_tag":""},"readTime":{"min":1,"sec":0},"status":"publish","excerpt":""},{"id":15042,"link":"https:\/\/www.kwaralefro.com\/2026\/02\/ilorin-west-pdp-commends-saraki-for-ramadan-packages-distribution\/","name":"ilorin-west-pdp-commends-saraki-for-ramadan-packages-distribution","thumbnail":{"url":"https:\/\/www.kwaralefro.com\/wp-content\/uploads\/2024\/08\/WhatsApp-Image-2024-08-30-at-16.31.10.jpeg","alt":""},"title":"Ilorin West PDP Commends Saraki for Ramadan Packages Distribution","author":{"name":"Adebayo","link":"https:\/\/www.kwaralefro.com\/author\/admin\/"},"date":"Feb 22, 2026","dateGMT":"2026-02-22 08:25:51","modifiedDate":"2026-02-22 08:25:53","modifiedDateGMT":"2026-02-22 08:25:53","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/www.kwaralefro.com\/category\/kwara-news\/\" rel=\"category tag\">Kwara News<\/a>","space":"<a href=\"https:\/\/www.kwaralefro.com\/category\/kwara-news\/\" rel=\"category tag\">Kwara News<\/a>"},"taxonomies":{"post_tag":"<a href='https:\/\/www.kwaralefro.com\/tag\/kwara\/' rel='post_tag'>Kwara<\/a><a href='https:\/\/www.kwaralefro.com\/tag\/kwara-state\/' rel='post_tag'>kwara state<\/a>"},"readTime":{"min":0,"sec":59},"status":"publish","excerpt":""},{"id":15040,"link":"https:\/\/www.kwaralefro.com\/2026\/02\/ramadan-kcst-president-applauds-sarakis-strategic-support-for-youth-mobilization\/","name":"ramadan-kcst-president-applauds-sarakis-strategic-support-for-youth-mobilization","thumbnail":{"url":"https:\/\/www.kwaralefro.com\/wp-content\/uploads\/2026\/02\/WhatsApp-Image-2026-02-20-at-21.15.08.jpeg","alt":""},"title":"Ramadan: KCST President Applauds Saraki\u2019s Strategic Support for Youth Mobilization","author":{"name":"Adebayo","link":"https:\/\/www.kwaralefro.com\/author\/admin\/"},"date":"Feb 22, 2026","dateGMT":"2026-02-22 08:20:37","modifiedDate":"2026-02-22 08:20:40","modifiedDateGMT":"2026-02-22 08:20:40","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/www.kwaralefro.com\/category\/kwara-news\/\" rel=\"category tag\">Kwara News<\/a>","space":"<a href=\"https:\/\/www.kwaralefro.com\/category\/kwara-news\/\" rel=\"category tag\">Kwara News<\/a>"},"taxonomies":{"post_tag":"<a href='https:\/\/www.kwaralefro.com\/tag\/bukola-saraki\/' rel='post_tag'>Bukola Saraki<\/a><a href='https:\/\/www.kwaralefro.com\/tag\/kwara\/' rel='post_tag'>Kwara<\/a><a href='https:\/\/www.kwaralefro.com\/tag\/kwara-state\/' rel='post_tag'>kwara state<\/a>"},"readTime":{"min":1,"sec":8},"status":"publish","excerpt":""},{"id":15037,"link":"https:\/\/www.kwaralefro.com\/2026\/02\/agbaji-community-commends-saraki-for-ramadan-support-youth-employment-opportunities\/","name":"agbaji-community-commends-saraki-for-ramadan-support-youth-employment-opportunities","thumbnail":{"url":"https:\/\/www.kwaralefro.com\/wp-content\/uploads\/2026\/02\/WhatsApp-Image-2026-02-20-at-21.15.08.jpeg","alt":""},"title":"Agbaji Community Commends Saraki for Ramadan Support, Youth Employment Opportunities","author":{"name":"Adebayo","link":"https:\/\/www.kwaralefro.com\/author\/admin\/"},"date":"Feb 22, 2026","dateGMT":"2026-02-22 08:17:07","modifiedDate":"2026-02-22 08:17:09","modifiedDateGMT":"2026-02-22 08:17:09","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/www.kwaralefro.com\/category\/kwara-news\/\" rel=\"category tag\">Kwara News<\/a>","space":"<a href=\"https:\/\/www.kwaralefro.com\/category\/kwara-news\/\" rel=\"category tag\">Kwara News<\/a>"},"taxonomies":{"post_tag":"<a href='https:\/\/www.kwaralefro.com\/tag\/kwara\/' rel='post_tag'>Kwara<\/a><a href='https:\/\/www.kwaralefro.com\/tag\/kwara-state\/' rel='post_tag'>kwara state<\/a>"},"readTime":{"min":0,"sec":57},"status":"publish","excerpt":""},{"id":15034,"link":"https:\/\/www.kwaralefro.com\/2026\/02\/pdp-youth-leader-commends-distinguish-senator-abubakar-bukola-saraki-for-ramadan-support-to-youth-structures\/","name":"pdp-youth-leader-commends-distinguish-senator-abubakar-bukola-saraki-for-ramadan-support-to-youth-structures","thumbnail":{"url":"https:\/\/www.kwaralefro.com\/wp-content\/uploads\/2026\/02\/WhatsApp-Image-2026-02-20-at-20.36.32.jpeg","alt":""},"title":"PDP Youth Leader Commends Distinguish Senator Abubakar Bukola Saraki for Ramadan Support to Youth Structures","author":{"name":"Adebayo","link":"https:\/\/www.kwaralefro.com\/author\/admin\/"},"date":"Feb 22, 2026","dateGMT":"2026-02-22 08:06:35","modifiedDate":"2026-02-22 08:06:37","modifiedDateGMT":"2026-02-22 08:06:37","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/www.kwaralefro.com\/category\/kwara-news\/\" rel=\"category tag\">Kwara News<\/a>","space":"<a href=\"https:\/\/www.kwaralefro.com\/category\/kwara-news\/\" rel=\"category tag\">Kwara News<\/a>"},"taxonomies":{"post_tag":""},"readTime":{"min":1,"sec":7},"status":"publish","excerpt":""},{"id":15031,"link":"https:\/\/www.kwaralefro.com\/2026\/02\/sodex-completes-testnet-airdrop-snapshot\/","name":"sodex-completes-testnet-airdrop-snapshot","thumbnail":{"url":"https:\/\/www.kwaralefro.com\/wp-content\/uploads\/2026\/02\/image.png","alt":""},"title":"SoDEX Completes Testnet Airdrop Snapshot","author":{"name":"Adebayo","link":"https:\/\/www.kwaralefro.com\/author\/admin\/"},"date":"Feb 12, 2026","dateGMT":"2026-02-12 10:02:27","modifiedDate":"2026-02-12 10:02:30","modifiedDateGMT":"2026-02-12 10:02:30","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/www.kwaralefro.com\/category\/crypto-currencies\/\" rel=\"category tag\">Crypto Currencies<\/a>","space":"<a href=\"https:\/\/www.kwaralefro.com\/category\/crypto-currencies\/\" rel=\"category tag\">Crypto Currencies<\/a>"},"taxonomies":{"post_tag":""},"readTime":{"min":0,"sec":28},"status":"publish","excerpt":""},{"id":15027,"link":"https:\/\/www.kwaralefro.com\/2026\/02\/woro-killings-this-is-a-national-disaster-says-saraki\/","name":"woro-killings-this-is-a-national-disaster-says-saraki","thumbnail":{"url":"https:\/\/www.kwaralefro.com\/wp-content\/uploads\/2026\/02\/WhatsApp-Image-2026-02-04-at-21.19.12.jpeg","alt":""},"title":"Woro Killings: This is a National Disaster, Says Saraki","author":{"name":"Adebayo","link":"https:\/\/www.kwaralefro.com\/author\/admin\/"},"date":"Feb 4, 2026","dateGMT":"2026-02-04 20:29:17","modifiedDate":"2026-02-04 20:29:19","modifiedDateGMT":"2026-02-04 20:29:19","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/www.kwaralefro.com\/category\/kwara-news\/\" rel=\"category tag\">Kwara News<\/a>","space":"<a href=\"https:\/\/www.kwaralefro.com\/category\/kwara-news\/\" rel=\"category tag\">Kwara News<\/a>"},"taxonomies":{"post_tag":""},"readTime":{"min":2,"sec":53},"status":"publish","excerpt":""},{"id":15026,"link":"https:\/\/www.kwaralefro.com\/2026\/02\/pdp-condemns-fresh-bandit-attack-on-woro-community-urges-government-to-deploy-humanitarian-aid\/","name":"pdp-condemns-fresh-bandit-attack-on-woro-community-urges-government-to-deploy-humanitarian-aid","thumbnail":{"url":"https:\/\/www.kwaralefro.com\/wp-content\/uploads\/2026\/01\/IMG-20260118-WA0005.jpg","alt":""},"title":"PDP Condemns Fresh Bandit Attack on Woro Community, Urges Government to Deploy Humanitarian Aid","author":{"name":"Adebayo","link":"https:\/\/www.kwaralefro.com\/author\/admin\/"},"date":"Feb 4, 2026","dateGMT":"2026-02-04 20:20:11","modifiedDate":"2026-02-04 20:20:16","modifiedDateGMT":"2026-02-04 20:20:16","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/www.kwaralefro.com\/category\/kwara-news\/\" rel=\"category tag\">Kwara News<\/a>","space":"<a href=\"https:\/\/www.kwaralefro.com\/category\/kwara-news\/\" rel=\"category tag\">Kwara News<\/a>"},"taxonomies":{"post_tag":""},"readTime":{"min":2,"sec":0},"status":"publish","excerpt":""},{"id":15020,"link":"https:\/\/www.kwaralefro.com\/2026\/02\/kwaras-2026-budget-accountability-under-fire\/","name":"kwaras-2026-budget-accountability-under-fire","thumbnail":{"url":"https:\/\/www.kwaralefro.com\/wp-content\/uploads\/2026\/02\/WhatsApp-Image-2026-02-04-at-11.11.04.jpeg","alt":""},"title":"KWARA\u2019S 2026 BUDGET: Accountability under Fire","author":{"name":"Adebayo","link":"https:\/\/www.kwaralefro.com\/author\/admin\/"},"date":"Feb 4, 2026","dateGMT":"2026-02-04 19:42:43","modifiedDate":"2026-02-04 19:49:38","modifiedDateGMT":"2026-02-04 19:49:38","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/www.kwaralefro.com\/category\/opinion\/\" rel=\"category tag\">Opinion<\/a>","space":"<a href=\"https:\/\/www.kwaralefro.com\/category\/opinion\/\" rel=\"category tag\">Opinion<\/a>"},"taxonomies":{"post_tag":""},"readTime":{"min":1,"sec":31},"status":"publish","excerpt":""},{"id":15016,"link":"https:\/\/www.kwaralefro.com\/2026\/02\/sodex-announces-public-launch-of-mainnet-transitions-testnet-to-phase-3\/","name":"sodex-announces-public-launch-of-mainnet-transitions-testnet-to-phase-3","thumbnail":{"url":"https:\/\/www.kwaralefro.com\/wp-content\/uploads\/2026\/02\/image.png","alt":""},"title":"SoDEX Announces Public Launch of Mainnet, Transitions Testnet to Phase 3","author":{"name":"Adebayo","link":"https:\/\/www.kwaralefro.com\/author\/admin\/"},"date":"Feb 1, 2026","dateGMT":"2026-02-01 16:01:49","modifiedDate":"2026-02-01 16:02:21","modifiedDateGMT":"2026-02-01 16:02:21","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/www.kwaralefro.com\/category\/crypto-currencies\/\" rel=\"category tag\">Crypto Currencies<\/a>","space":"<a href=\"https:\/\/www.kwaralefro.com\/category\/crypto-currencies\/\" rel=\"category tag\">Crypto Currencies<\/a>"},"taxonomies":{"post_tag":""},"readTime":{"min":1,"sec":35},"status":"publish","excerpt":""}]
