Full Year results stated:
Full Year Pretax Profit GBP3.54B
Analysts Expected 2017 Pretax Profit of GBP4.02 Bln
Full Year Net Loss GBP1.92B v GBP1.6B profit
Results Include PPI Charge of GBP700M
Takes One-Off GBP900M Charge on U.S. Deferred Tax Assets
Announced it would more than double its dividend next year even as the bank swung to a full-year loss hit by a weak performance at its investment bank and a charge related to U.S. tax reforms
Total income fell 2% on the year to GBP21.1B
As of 8.20am the stock was trading up c.5.72% at c.213.85p