LONDON (AP) _ Barclays PLC (BCS) on Wednesday reported net income of $1.78 billion in its third quarter.

The London-based bank said it had earnings of 44 cents per share.

The financial holding company posted revenue of $7.01 billion in the period. Its revenue net of interest expense was $7.01 billion, topping Street forecasts.

Barclays shares have dropped 32% since the beginning of the year. The stock has decreased 37% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BCS at https://www.zacks.com/ap/BCS

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