MADRID (AP) _ Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) on Friday reported fourth-quarter net income of $1.57 billion, after reporting a loss in the same period a year earlier.

The Madrid-based bank said it had earnings of 21 cents per share. Earnings, adjusted for asset impairment gains, were 17 cents per share.

The bank posted revenue of $6.28 billion in the period. Its revenue net of interest expense was $6.28 billion, topping Street forecasts.

For the year, the company reported profit of $1.49 billion, or 16 cents per share. Revenue was reported as $26.24 billion.

The company's shares closed at $4.65. A year ago, they were trading at $5.02.

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