Barclays Trims 2023 UK Net Interest Margin View
24 Outubro 2023 - 3:47AM
Dow Jones News
By Elena Vardon
Barclays lowered its U.K. net interest margin guidance for 2023
as it posted third-quarter results.
The British bank on Tuesday said its now expects its net
interest margin for Barclays U.K. to come between 3.05% and 3.10%.
It had guided for a 2023 margin of no more than 3.20% at its
half-year results in July with a view of around 3.15%.
The lender said its net interest margin for the three months
ended Sept. 30 was 3.04%, following a 3.22% margin for the second
quarter.
Write to Elena Vardon at elena.vardon@wsj.com
(END) Dow Jones Newswires
October 24, 2023 02:32 ET (06:32 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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