EDINBURGH, Britain (AP) — EDINBURGH, Britain (AP) — NatWest Group plc (NWG) on Friday reported net income of $1.53 billion in its fourth quarter.

The Edinburgh, Britain-based bank said it had earnings of 35 cents per share. Earnings, adjusted to account for discontinued operations, came to 34 cents per share.

The bank posted revenue of $8.51 billion in the period. Its revenue net of interest expense was $4.39 billion, exceeding Street forecasts.

For the year, the company reported profit of $5.46 billion, or $1.19 per share. Revenue was reported as $18.34 billion.

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