February 13, 2020 / 7:03 AM / in 12 days

Barclays reports 2019 profit of 6.2 bln stg, beating estimates

LONDON, Feb 13 (Reuters) - Barclays reported a better than expected profit before tax of 6.2 billion pounds ($8 billion) for 2019, as its investment bank reported bumper returns from fixed income trading.

The British lender's profit was 9% higher than 2018 and above the 5.7 billion pounds average of analysts' forecasts compiled by the bank.

Barclays paid a dividend of 9 pence for the year, compared with 6.5 pence for 2018. ($1 = 0.7723 pounds) (Reporting By Lawrence White and Iain Withers, Editing by Sinead Cruise)

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