ZURICH (AP) _ UBS AG (UBS) on Tuesday reported fourth-quarter net income of $722 million.

The Zurich-based bank said it had earnings of 19 cents per share.

The bank posted revenue of $6.98 billion in the period. Its revenue net of interest expense was $5.68 billion, which beat Street forecasts.

For the year, the company reported profit of $4.3 billion, or $1.14 per share. Revenue was reported as $22.13 billion.

UBS shares have increased slightly more than 4% since the beginning of the year. The stock has decreased nearly 4% 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 UBS at https://www.zacks.com/ap/UBS

Automated Insights, source Associated Press News