Barclays (BCS) Q1 Earnings, Revenues & Expenses Decline Y/Y

Barclays (BCS) reported first-quarter 2024 net income attributable to ordinary equity holders of £1.55 billion ( $1.97 billion), down 13% year over year.The company recorded lower revenues in the quarter, which was a negative. However, a decline in operating expenses, along with lower credit impairment charges, aided the results to some extent.Revenues & Expenses DeclineTotal income was £6.95 billion ($ 8.81 billion), down 4% year over year.Operating expenses (excluding litigation and conduct costs, and charg ...