LONDON (Reuters) – Barclays reported a first quarter profit that exceeded expectations on Thursday, as a resilient performance from its consumer bank offset pressure on key other business lines.
The British bank reported pretax profit of 2.6 billion pounds ($3.25 billion), above the average analyst forecast of 2.2 billion pounds as compiled by the bank, and higher than the 2.2 billion pounds it reported in the same period a year ago.
($1 = 0.8012 pounds)
(Reporting By Lawrence White and Iain Withers, editing by Sinead Cruise)