BBVA Compass Bancshares, the Houston-based parent company of BBVA Compass bank, reported $196 million in net income for the fourth quarter.

That's up from $52 million in the fourth quarter of 2017, though the 2017 earnings included expenses caused by a change in tax law. Excluding this non-cash charge, adjusted earnings for the fourth quarter of 2017 were $173 million.

Last year: BBVA Compass net income up 24 percent in 2017

The bank's full-year earnings were a record $763 million in 2018, up 66 percent from $461 million in 2017 or, when excluding the non-cash charge, up 31 percent from $582 million in 2017.

"In 2018 BBVA Compass delivered record performance in many key financial metrics including new loan originations, total revenue, operating income and net income," Javier Rodríguez Soler, incoming president and CEO of BBVA Compass, said in a news release.

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Revenues hit records for both the quarter, $953 million, and the entire year, $3.7 billion.

BBVA Compass, the fourth-largest Houston-area bank in terms of deposits, operates 644 branches, including 331 in Texas, 89 in Alabama, 63 in Arizona, 61 in California, 45 in Florida, 37 in Colorado and 18 in New Mexico.