Barclays PLC (BUE:BCS)
ARS 11920.5 -74 (-0.62%) Market Cap: 35.52 Til Enterprise Value: -112.68 Til PE Ratio: 8.07 PB Ratio: 0.45 GF Score: 45/100

Q3 2022 Barclays PLC Earnings Call Transcript

Oct 26, 2022 / 08:30AM GMT
Release Date Price: ARS2156 (+0.91%)
Operator

Welcome to the Barclays Third Quarter 2022 Results Analyst and Investor Conference Call. We will begin shortly. (Operator Instructions). Thanks for your patience.

Welcome to the Barclays Third Quarter 202 Results Analyst and Investor Conference Call. I will now hand you over to CS Venkatakrishnan, group Chief Executive; and Anna Cross, group Finance Director.

Coimbatore Sundararajan Venkatakrishnan
Barclays PLC - Group CEO & Director

Good morning, everyone, and thank you for joining us today. I am pleased to report another strong quarter extending the robust operating performance that Barclays has delivered so far this year. In the third quarter, profit before taxes was GBP 2 billion, generating a return on tangible equity of 12.5% and an earnings per share of 9.4p. This leaves us in a good position to deliver our full year statutory return on tangible equity target of above 10%.

I would like to highlight, in particular, the strength and consistency of our results as we continue to execute on our business. We see broad-based income

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