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AMSTERDAM (AP) — AMSTERDAM (AP) — ING Groep NV (ING) on Thursday reported net income of $1.23 billion in its fourth quarter.

The Amsterdam-based bank said it had earnings of 39 cents per share.

The financial services provider posted revenue of $5.77 billion in the period. Its revenue net of interest expense was $5.77 billion, surpassing Street forecasts.

For the year, the company reported profit of $6.92 billion, or $2.14 per share. Revenue was reported as $24.47 billion.

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