Earnings Call Summary | Barclays(BCS.US) Q1 2024 Earnings Conference
Earnings Call Summary | Barclays(BCS.US) Q1 2024 Earnings Conference
The following is a summary of the Barclays PLC (BCS) Q1 2024 Earnings Call Transcript:
以下是巴克萊集團（BCS）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Barclays achieved Q1 2024 total income of £7 billion, with interest income excluding the Investment Bank at £2.7 billion.
The bank's CET1 ratio stood at 13.5%, within the target range.
Barclays reported an overall RoTE of 13.0% in Q1, stable compared to Q4 2023. Profit before tax increased 3% from last year, at £1.6 billion.
The bank is tracking towards its targets for 2024 to 2026, which include returning at least £10 billion capital to shareholders, reaching about 12% RoTE by 2026, and achieving a cost-to-income ratio of 60%.
The bank has completed some 35% of a £1 billion share buyback announced at the end of 2023.
巴克萊銀行在2024年第一季度實現了70億英鎊的總收入，其中不包括投資銀行的利息收入爲27億英鎊。
該銀行的CET1比率爲13.5％，在目標區間內。
巴克萊銀行報告稱，第一季度的總投資回報率爲13.0％，與2023年第四季度相比保持穩定。稅前利潤比去年增長了3％，達到16億英鎊。
該銀行正在努力實現其2024年至2026年的目標，其中包括向股東返還至少100億英鎊的資本，到2026年達到約12％的投資回報率，以及實現60％的成本收入比率。
該銀行已經完成了2023年底宣佈的10億英鎊股票回購的約35％。
Business Progress:
業務進展：
Barclays plans to transform into a simpler, well-balanced provider through executing disciplined strategies.
Progress includes an agreement to sell Barclays' performing Italian mortgage portfolio and ongoing negotiations for the sale of its German consumer business.
Notable developments include improved results in Investment Bank advisory and DCM, an increase of 11% in the equities business, and a decline of 14% in FICC revenue.
The bank is expecting the acquisition of Tesco Bank in Q4 2024 to further its growth in unsecured lending.
Barclays has established a transformation office to oversee plan delivery across all sectors.
Also under consideration are changes in the U.S. card regulatory model and RWA efficiency across the group, inclusive of the Blackstone transaction.
巴克萊計劃通過執行紀律嚴明的策略，轉型爲一家更簡單、平衡良好的提供商。
進展包括出售巴克萊表現良好的意大利抵押貸款組合的協議，以及正在進行的出售其德國消費業務的談判。
值得注意的進展包括投資銀行諮詢和DCM業績改善，股票業務增長11％，FICC收入下降14％。
該銀行預計，2024年第四季度對樂購銀行的收購將進一步推動其無抵押貸款的增長。
巴克萊已經成立了一個轉型辦公室，負責監督所有領域的計劃交付。
美國信用卡監管模式和整個集團的RWA效率的變化也在考慮之中，包括黑石集團的交易。
More details: Barclays IR
更多詳情： 巴克萊 IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。