U.S. Markets open in 1 hr 1 min

RBS: 4Q Earnings Snapshot

EDINBURGH, Britain (AP) _ Royal Bank of Scotland Group PLC (RBS) on Friday reported net income of $1.82 billion in its fourth quarter.

The bank, based in Edinburgh, Britain, said it had earnings of 30 cents per share.

The bank posted revenue of $6.57 billion in the period. Its revenue net of interest expense was $5.45 billion, surpassing Street forecasts.

For the year, the company reported profit of $4 billion, or 66 cents per share. Revenue was reported as $18.2 billion.

RBS shares have declined roughly 8% since the beginning of the year. The stock has declined slightly more than 5% 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 RBS at https://www.zacks.com/ap/RBS