Barclays (BARC)

Sector:

Banking

Index:

FTSE 100

204.00p
   
  • Change Today:
      12.86p
  • 52 Week High: 206.70p
  • 52 Week Low: 129.20p
  • Currency: UK Pounds
  • Shares Issued: 15,007m
  • Volume: 152,900,222
  • Market Cap: £30,614m
  • RiskGrade: 213

Barclays buys $3.8bn Gap card portfolio

By Sean Farrell

Date: Friday 27 Aug 2021

LONDON (ShareCast) - (Sharecast News) - Barclays has agreed to buy $3.8bn (£2.8bn) of credit card receivables from Synchrony Bank issued with The Gap after replacing the US lender as the retailer's card partner.
The loans comprise US co-branded and private label credit card accounts. The deal follows Barclays' agreement with Gap in April to issue credit cards to the retailer's customers, replacing Synchrony after more than 20 years.

Barclays said the price for the portfolio would have been about $3.9bn based on June valuations. The exact size and cost will depend on movements before completion, expected in the second quarter of 2022.

The FTSE 100 bank estimated the acquisition would reduce its common equity tier 1 ratio by about 20 basis points.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Barclays Market Data

Currency UK Pounds
Share Price 204.00p
Change Today 12.86p
% Change 6.73 %
52 Week High 206.70p
52 Week Low 129.20p
Volume 152,900,222
Shares Issued 15,007m
Market Cap £30,614m
RiskGrade 213

Barclays Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
99.08% above the market average99.08% above the market average99.08% above the market average99.08% above the market average99.08% above the market average
64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average
Price Trend
88.30% above the market average88.30% above the market average88.30% above the market average88.30% above the market average88.30% above the market average
52.94% above the sector average52.94% above the sector average52.94% above the sector average52.94% above the sector average52.94% above the sector average
Income
80.70% above the market average80.70% above the market average80.70% above the market average80.70% above the market average80.70% above the market average
73.33% below the sector average73.33% below the sector average73.33% below the sector average73.33% below the sector average73.33% below the sector average
Growth
48.09% below the market average48.09% below the market average48.09% below the market average48.09% below the market average48.09% below the market average
64.71% below the sector average64.71% below the sector average64.71% below the sector average64.71% below the sector average64.71% below the sector average

What The Brokers Say

Strong Buy 6
Buy 6
Neutral 3
Sell 1
Strong Sell 0
Total 16
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Barclays Dividends

  Latest Previous
  Final Interim
Ex-Div 29-Feb-24 10-Aug-23
Paid 03-Apr-24 15-Sep-23
Amount 5.30p 2.70p

Trades for 25-Apr-2024

Time Volume / Share Price
15:55 6,762,873 @ 195.96p
15:55 6,762,873 @ 195.96p
08:56 50,000 @ 200.00p
16:37 2,077 @ 204.00p
16:37 2,076 @ 204.00p

Barclays Key Personnel

CEO C.S. Venkatakrishnan

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