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British lender Barclays increased its guidance and announced a £500 million ($667 million) share buyback in its third-quarter earnings on Wednesday.

The bank said it now expected to deliver RoTE (Return on Tangible Equity) of greater than 11%, up from around 11%, for the full year. Net interest income (excluding investment banking and head office) guidance was also upgraded to more than £12.6 billion for the year, up from over £12.5 billion.

"We have been robustly and consistently generating capital for our shareholders consecutively over the last nine quarters," CEO C. S. Venkatakrishnan said in a statement.

"Consequently, we have decided to bring forward a portion of our full-year distribution plans

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