April 11 (Reuters) - Wells Fargo's ( WFC ) profit rose

in the first quarter driven by robust performance in its wealth

management business.

The fourth-largest U.S. lender's net income rose to $4.89

billion, or $1.39 per share, it said on Friday. That compares

with $4.62 billion, or $1.20 per share, a year earlier.

(Reporting by Arasu Kannagi Basil in Bengaluru and Saeed Azhar

in New York, editing by Lananh Nguyen and Anil D'Silva)