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British bank Barclays posts 2024 pretax profit hike, launches £1 billion share buyback

Summary

British bank Barclays on Thursday posted a rise in full-year pre-tax profit that came in just ahead of analyst expectations, while also launching a £1 billion share buyback. Pretax profit rose by 24% to £8.108 billion in 2024, just above analyst expectations of £8.081 billion, according to LSEG.

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Evening Standard

Barclays boss sees total pay package double to more than £10 million

Pay bonanza comes as high street bank profits rose by a quarter to £8.1 billion in 2024

10 days ago·London, United Kingdom

Barclays returns to profit in fourth quarter

Revenue and earnings come in above expectations

11 days ago·London, United Kingdom

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Reuters

+5 Reposted by 5 other sources

Barclays posts rises 24% rise in annual pretax profit

Barclays reported a 24% rise in annual pretax profit on Thursday, slightly above expectations, as its investment bank reported strong performance for 2024 and slower than expected interest rate cuts sustained income in its domestic lending business.

11 days ago·United Kingdom

British bank Barclays posts 2024 pretax profit hike, launches £1 billion share buyback

British bank Barclays posted a rise in full-year pre-tax profit that came in just ahead of analyst expectations, while also launching a £1 billion share buyback.

11 days ago·United States

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Bloomberg

Barclays Trading Income Shines as Trump Bump Boosts Earnings

Barclays Plc stock traders turned in a better-than-expected performance in the fourth quarter as US President Donald Trump’s election spurred volatility across asset classes.

11 days ago·United States

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