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

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

Barclays profit leaps by a quarter as investment activity booms

The bank reported a pre-tax profit of £8.1 billion for 2024, a 24% leap from the £6.6 billion profit generated over 2023. Barclays has revealed its profits jumped by a quarter last year as the banking giant benefited from a rebound in global investment and deal-making. It reported a pre-tax profit of £8.1 billion for 2024, a 24% leap from the £6.6 billion profit generated in 2023. Income for its investment bank soared by 28% over the final quart…

Barclays returns to profit in fourth quarter

Revenue and earnings come in above expectations

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.

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.

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.