RALEIGH, N.C. (AP) _ First Citizens BancShares Inc. (FCNCA) on Tuesday reported fourth-quarter profit of $133.4 million.

The bank, based in Raleigh, North Carolina, said it had earnings of $13.59 per share.

The bank posted revenue of $503.6 million in the period. Its revenue net of interest expense was $485.5 million, surpassing Street forecasts.

For the year, the company reported profit of $491.7 million, or $47.50 per share. Revenue was reported as $1.86 billion.

First Citizens shares have risen nearly 7% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $612.37, a climb of 18% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FCNCA at https://www.zacks.com/ap/FCNCA

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