LONDON - The British lender Barclays said Monday that it would report 2013 adjusted profit before tax of 5.2 billion pounds, or about $8.5 billion, below analysts’ expectations.
Barclays is expected to report its full-year results on Tuesday. The bank said its statutory profit before tax would be £2.9 billion.
Analysts had expected the bank to report pretax profit of £5.4 billion, just above the £5.2 billion it revealed on Monday. In 2012, Barclays reported adjusted profit before tax of £7.05 billion.
Barclays is one of several European banks that have announced plans to take charges in the fourth quarter related to past problems.
In January, the bank said that its fourth-quarter results would include additional charges of £110 million against income in its investment bank related to litigation and regulatory penalties.
Deutsche Bank and the Royal Bank of Scotland have announced plans to take multibillion-dollar charges related to mortgage-backed securities and other legal liabilities.
Lloyds Banking Group, which will report its year-end results on Thursday, said it would set aside £1.9 billion to cover potential claims related to the improper selling of payment protection insurance, a contentious insurance product that has cost British banks billions of dollars, and other products.
Lloyds, which is partly owned by the British government, has set aside £9.8 billion to cover potential payment protection insurance claims since 2011.
A new problem also is brewing for the Barclays chief executive, Antony Jenkins.
On Sunday, Barclays announced that it was investigating the possible theft of personal data of at least 2,000 customers. The bank said the breach appears to be limited to customers of its financial planning business, which closed in 2011.
British regulators also are looking into the case.
Last week, Mr. Jenkins said that he would forgo a bonus for 2013 in light of the bank’s restructuring costs and litigation expenses at the bank. Mr. Jenkins, who declined to accept a bonus in 2012, will still receive a base salary of £1.1 million. He could have received a bonus as high as £2.75 million.
As part of its restructuring effort, Barclays hopes to cut annual costs by £1.7 billion by 2015. Last year, the lender announced that it planned to eliminate at least 3,700 jobs, including 1,800 in its corporate and investment banking businesses.
It is preparing to cut another 400 jobs in the investment bank, according to a person familiar with the matter.
The bank is expected to provide more detail about the progress of its restructuring on Tuesday. Barclays employs about 140,000 people worldwide.
Barclays released its overall profit number a day early after a preview of its results in The Financial Times on Monday came close to the actual numbers, according to a person familiar with the matter. British companies face strict regulations on the release of market-sensitive information. Barclays felt it needed to release the overall number in order to comply with those rules, said the person, who wasn’t authorized to discuss the matter publicly.
Shares of Barclays were up 5.4 percent to 277.05 pence in trading in London on Monday.
