PHOENIX (AP) _ Western Alliance Bancorp (WAL) on Tuesday reported fourth-quarter net income of $293 million.

The Phoenix-based bank said it had earnings of $2.67 per share.

The results matched Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was also for earnings of $2.67 per share.

The bank holding company posted revenue of $949.9 million in the period. Its revenue net of interest expense was $710.3 million, falling short of Street forecasts. Six analysts surveyed by Zacks expected $712.3 million.

For the year, the company reported profit of $1.06 billion, or $9.70 per share. Revenue was reported as $2.57 billion.

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

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