Barclays' (BCS) Restructuring Aids Amid Revenue Volatility
Barclays(BCS) Zacks Investment Research·2024-02-09 17:00
Barclays’ (BCS) inconsistent top-line performance is a major near-term headwind amid a challenging economic scenario. However, the bank’s restructuring initiatives continue to help manage operating expenses.Barclays has been witnessing volatility in both net interest income (NII) and net fee, commission and other income in the last few quarters, mainly on the back of a challenging operating backdrop.In 2021, NII declined, but net fee, commission and other income rose marginally. However, in 2022 and the fir ...