$Barclays (BCS.US)$🎯 2024.3.14 Current price 9.23, position...

New data: 23Q4.

Revenue increased by 2.65% in 2023, with non-interest income falling 10.5%, while non-interest expenses increased by 14.6%, and there were still special expenses of up to 1.56 billion yuan, causing annual net profit to shrink by 11.3%. Preferred stock dividends accounted for 15.6% of net profit, net profit for common shareholders shrank 14.9%, and earnings per share fell 10%.

Currently, the price-earnings ratio is 6.8. The 5-year average net profit of 3.9 billion pounds (5 billion US dollars) corresponds to a price-earnings ratio of 7 and a dividend ratio of 4.3%. The valuation is still not very high, so you can still choose carefully (⭐️)