Wells Fargo reported earnings per share of $1.43 for the fourth quarter, beating Wall Street’s consensus estimate of $1.35. A year earlier, the bank reported profit of 86 cents a share. Net interest income,

Wells Fargo on Wednesday posted better-than-expected earnings and said that it expects net interest income to be higher in the coming year. The San Francisco-based lender was among several banks that announced fourth-quarter results on Wednesday.

Fourth quarter net income for Wells Fargo increased to $5.08 billion from $3.45 billion compared to the same period in the previous year, the US financial services company said on Wednesday. Earnings per share were $1.