NEW YORK (AP) _ Signature Bank (SBNY) on Tuesday reported fourth-quarter profit of $300.8 million.

The bank, based in New York, said it had earnings of $4.65 per share.

The results did not meet Wall Street expectations. The average estimate of 16 analysts surveyed by Zacks Investment Research was for earnings of $4.92 per share.

The commercial bank posted revenue of $1.2 billion in the period. Its revenue net of interest expense was $683.9 million, which also did not meet Street forecasts. Fifteen analysts surveyed by Zacks expected $687 million.

For the year, the company reported profit of $1.34 billion, or $20.76 per share. Revenue was reported as $2.7 billion.

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

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