Oct 25, 2019 / 08:30AM GMT
Operator
Welcome to the Barclays Q3 Results 2019 Analyst and Investor Conference Call. I'll now hand you over to Jes Staley, Group Chief Executive; and Tushar Morzaria, Group Finance Director.
James Edward Staley - Barclays PLC - Group CEO & Executive Director
Good morning, everyone. Barclays generated GBP 1.2 billion of attributable profit in the third quarter of 2019, excluding the litigation and conduct charges, which largely related to our PPI provision. We dealt well with some headwinds in our U.K. consumer business whilst we produced a good performance in our Corporate and Investment Bank, particularly compared to the same period in 2018.
The bank generated earnings per share of 19.7p for the first 9 months of 2019. Profit before tax was GBP 1.8 billion in the quarter and GBP 4.9 billion year-to-date. Our group return on tangible equity of 10.2% for the quarter is a further positive step towards our 2019 target of 9%, which we still feel good about.
Turning to capital. Our CET1 ratio stands at 13.4% as we now account for our operational risk
Q3 2019 Barclays PLC Earnings Call Transcript
Oct 25, 2019
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