Barclays PLCs BCS business restructuring and cost-mitigating efforts are likely to aid growth and boost operating efficiency. The companys recent inorganic expansion initiatives are expected to further boost its profitability. However, uncertainties in the capital markets are likely to impede revenue growth to some extent.
BCS initiatives to enhance operating efficiency over the last few years have been coming to fruition, which is demonstrated by the reduction in expenses. Though total operating expenses witnessed a rise in 2022 and 2023, the metric saw a decline at a compound annual growth rate (CAGR) of 2.4% over the six-period ended 2021.
Business restructuring efforts are likely to bolster cost management, keeping overall costs under …
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