{"id":41687,"date":"2021-02-18T12:55:00","date_gmt":"2021-02-18T08:55:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=41687"},"modified":"2021-02-18T12:06:27","modified_gmt":"2021-02-18T08:06:27","slug":"barclays-bank-profits-drop-38-for-2020","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/barclays-bank-profits-drop-38-for-2020\/02\/18\/market-updates\/","title":{"rendered":"Barclays Bank Profits Drop 38% for 2020"},"content":{"rendered":"\n<p>Barclays Bank announced a full-year profit of 1.53 billion pounds, equivalent to $2.11 billion, for 2020, down 38% from 2019 but exceeding analysts&#8217; expectations.<\/p>\n\n\n\n<p>The UK bank announced a fourth-quarter net profit attributable to shareholders of \u00a3220m, even though the UK is dealing with new nationwide lockdown measures amid the resurgence of Covid-19.<\/p>\n\n\n\n<p>Analysts in a Refinitiv poll had forecast a fourth-quarter net loss of 44.88 million pounds for a full-year net profit of 1.22 billion pounds.<\/p>\n\n\n\n<p>Barclays also announced that it will resume dividend payments to shareholders of one penny per share and initiate the buyback of \u00a3 700m of shares.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Barclays Bank announced a full-year profit of 1.53 billion pounds, equivalent to $2.11 billion, for 2020, down 38% from 2019 but exceeding analysts&#8217; expectations. The UK bank announced a fourth-quarter net profit attributable to shareholders of \u00a3220m, even though the UK is dealing with new nationwide lockdown measures amid the resurgence of Covid-19. Analysts in &hellip;<\/p>\n","protected":false},"author":9,"featured_media":34242,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[7206,7114],"class_list":["post-41687","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-barclays","tag-forecast"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/41687","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=41687"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/41687\/revisions"}],"predecessor-version":[{"id":41688,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/41687\/revisions\/41688"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/34242"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=41687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=41687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=41687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}