Bloomberg News reports that that’s a growing view among several analysts ahead of the London-based bank’s earnings report on February 21. Returning surplus capital could be part of a “cohesive strategy to improve returns,” said Shore Capital’s Gary Greenwood.
“Investors should look forward to hearing management’s aspirations around capital return,” said Jefferies’ Joseph Dickerson. Deutsche Bank’s David Lock, meanwhile, said that Barclays is in a position to both increase its dividend in 2020 and announce a $643m buyback halfway through the current fiscal year, though he doesn’t expect such an announcement imminently.
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