Feb 20 (Reuters) - Payments firm Block reported

a jump in its fourth-quarter profit on Thursday, buoyed by

robust consumer spending during the holiday season and certain

one-time benefits.

Net income attributable to its common stockholders was $1.95

billion, or $3.05 per share, for the three months ended December

31, compared with $102.2 million, or 16 cents per share, a year

earlier.

A robust labor market and steady wage growth kept spending

resilient, with the holiday season providing a boost as

consumers splurged on travel and retail.

The company also reported $1.9 billion of one-time benefits

related to the recognition of certain deferred tax assets.