Response to Peers

Response to Peers

Part 1 Initial Response

Barclays bank is one of the leading financial institutions in the globe with branches spread across the world. The bank is headquartered in the UK and the performance of the banking sector is a reflection to some extent of the economic performance of the nation they operate in as well as the global economy (Liu, 2009). In this analysis, earnings per share for Barclays bank will be of interest. The earning per share in the banking sector is arrived at after dividing the bank’s net income after all statutory deductions with the number of shares held by the shareholders in the institution. In the year ending 31st March 2021, the earnings per share for Barclays bank was 9.9 per share. This reflects the earnings each stockholder will receive for their investment in the company. Even though an improvement from the previous financial period that had 3.5 per share, the earnings can be increased by reducing operating expenses of the bank. The increased earnings will boost investors’ confidence in the bank.

Part 2 Peer Response

I agree with your sentiments that the asset turnover ratio involves determining the balance that exists between the bank’s net sales and the assets held over a period. Thus it is calculated by dividing the total revenue of the bank, in your case Barclays bank by the total assets. Further, I agree with you that the asset turnover ratio of 0.00 which is less than one depicts the bank’s poor performance for the period as of September 2021. Thus, the bank’s assets generated less revenue than anticipated. Moreover, I agree that to post improved asset turnover, the bank should lease company’s assets rather than buying new assets and should consider liquidating idle assets.

References

Liu, S. T. (2009). Slacks-based efficiency measures for predicting bank performanceExpert Systems with Applications36(2), 2813-2818.

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