SANTA CLARA, Calif. (AP) _ SVB Financial Group (SIVB) on Thursday reported fourth-quarter earnings of $394 million.

The bank, based in Santa Clara, California, said it had earnings of $6.22 per share. Earnings, adjusted for costs related to mergers and acquisitions, came to $6.56 per share.

The results topped Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $6.29 per share.

The financial services firm posted revenue of $1.54 billion in the period. Its revenue net of interest expense was $1.51 billion, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $1.4 billion.

For the year, the company reported profit of $1.83 billion, or $31.25 per share. Revenue was reported as $5.95 billion.

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

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