Barclays PLC (NYSE:BCS)
$ 13.4006 -0.0494 (-0.37%) Market Cap: 48.42 Bil Enterprise Value: -94.08 Bil PE Ratio: 9.12 PB Ratio: 0.54 GF Score: 68/100

Full Year 2022 Barclays PLC Earnings Fixed Income Call Transcript

Feb 15, 2023 / 02:30PM GMT
Release Date Price: $8.45 (-8.35%)
Operator

Welcome to Barclays Full Year 2022 Results Fixed Income Conference Call. I will now hand you over to Anna Cross, Group Finance Director; and Dan Fairclough, Group Treasurer.

Angela Anna Cross
Barclays PLC - Group Finance Director & Executive Director

Good afternoon, everyone, and welcome to the Fixed Income Investor Call for our 2022 results. I'm joined today by Dan Fairclough, our Group Treasurer. Let me begin with a brief overview of our performance over last year before speaking to a few slides on the capital positioning of risk across our portfolio, given the attention this topic naturally received from our bondholders. I'll then hand over to Dan for his overview of our balance sheet.

So beginning with Slide 3. As Venkat and I reported this morning, it was another year of delivery across our businesses with a statutory return on tangible equity of 10.4%. Income growth of 14% outweighed the 6% growth in operating costs, which exclude bank levy and litigation and conduct or L&C. Despite the increase of GBP 1.2 billion in L&C, profit

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot