which has been restructuring to focus on more profitable
businesses and promising markets, said net profit rose to $3.34
billion, or $1.02 per share, in the fourth quarter from $344
million, or 6 cents per share, a year earlier.
Excluding items, the bank earned $3.45 billion, or $1.06 per
share, compared with $340 million, or 6 cents per share.
Analysts had expected earnings of $1.05 per share, according to
Thomson Reuters I/B/E/S. It was not immediately clear if the
results reported on Friday were comparable.
(Reporting by Sweta Singh and David Henry; Editing by Kirti
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