LONDON (AP) — LONDON (AP) — Barclays PLC (BCS) on Thursday reported fourth-quarter net income of $1.24 billion, after reporting a loss in the same period a year earlier.
The bank, based in London, said it had earnings of 34 cents per share.
The financial holding company posted revenue of $8.92 billion in the period. Its revenue net of interest expense was $8.92 billion, surpassing Street forecasts.
For the year, the company reported profit of $6.79 billion, or $1.84 per share. Revenue was reported as $34.23 billion.
Barclays shares have climbed slightly more than 9% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $14.54, more than doubling in the last 12 months.
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