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Barclays Achieves 10.5% RoTE and £3bn Capital Distribution in 2024
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Barclays Achieves 10.5% RoTE and £3bn Capital Distribution in 2024

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Barclays ( (GB:BARC) ) has provided an update.

Barclays PLC announced its 2024 financial results, achieving a return on tangible equity of 10.5% and distributing £3.0 billion in capital, including a £1.0 billion buyback. The company saw a 24% increase in profit before tax to £8.1 billion and an earnings per share rise of 8.3p to 36.0p, demonstrating successful execution of its three-year plan and aligning with its 2026 targets.

More about Barclays

Barclays PLC is a major global financial services provider engaged in retail and commercial banking, credit cards, investment banking, wealth management, and investment management services. It operates worldwide and is a key player in the debt capital markets.

YTD Price Performance: 14.28%

Average Trading Volume: 40,425,944

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £43.6B

See more data about BARC stock on TipRanks’ Stock Analysis page.

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