ANB net profit grows 4.5% in 9 months

26/10/2017 05:35 AST

Arab National Bank (ANB) reported a net profit of $638 million for the first nine months of 2017, compared to $610 million for the same period last year, an increase of 4.5%.

Profits of the third quarter of 2017 reached $206.8 million compared to $192.4 million for the same period last year, representing an increase of 7.5%.

ANB total operating income for the first nine months of 2017 reached $1,278 million compared to $1,189 million for the same period last year, an increase of 7.5%.

Assets as of September 30, 2017 reached $43.6 billion, and investments reached $6.9 billion, while the loans portfolio reached $30.9 billion and customers' deposits reached $34.3 billion.

Dr. Robert Eid, Managing Director and Chief Executive Officer, said "the increase in the Bank's profits resulted principally from balanced growth in various business lines, and its conservative risk management culture."


Saudi Gazette

News

ANB net profit up 3.2% in H1

24/07/2017

Arab National Bank reported a net profit of $431.2 million for the first six months of 2017, compared to $417.9 million for the same period last year, an increase of 3.2%.

Profits of the s

Saudi Gazette

Arab Bank profit up 20pc to $533m

31/01/2017

Arab Bank Group posted a net profit after tax of $533 million for 2016, a growth of 20 per cent compared to $442 million for 2015.

The net operating income before provisions and taxes exce

Trade Arabia

ANB 'Most Sustainable Bank' in Saudi Arabia

05/12/2016

Arab National Bank (ANB) wins the 'Most Sustainable Bank - Saudi Arabia 2016' awarded by the reputable London-based World Finance magazine.

Dr. Robert Eid, Managing Director and Chief Exec

Saudi Gazette

Most Viewed Companies

Ticker Price Volume

Valuation

ANB Sector Market
P/E
Price/BookValue
Dividend Yield (%)

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
ALRAJHI 96.00 0.15 (0.15%)
SNB 37.22 0.60 (1.63%)
RIBL 25.84 0.12 (0.46%)
SAB 30.80 0.34 (1.11%)
ALINMA 24.32 0.05 (0.20%)

Recent News

Tahweel in deal with Tasnee to acquire Saudi industrial group for $186m

04/03/2026

Saudi Holding Company for Conversion Industries (Tahweel Holding) has entered into a deal with leading petrochemical group Tasnee to acquire 100% of the share capital of its entity - Al Rowad Industr

Trade Arabia

Acwa, GS Inma in race for Bahrain's Hidd Independent Water Project

04/03/2026

Bahrain's Electricity and Water Authority (EWA) has announced that it has received bids from leading utility developers - Saudi group Acwa (formerly Acwa Power) and Spanish major GS Inima Environment

Trade Arabia

Air Arabia extends scheduled flight suspensions to Wednesday

04/03/2026

Sharjah-based Air Arabia on Tuesday extended its scheduled flight suspension to and from the UAE until 3pm UAE time on Wednesday, March 4, 2026.

The budget carrier added that flights to Leba

Khaleej Times

Emaar says malls, hotels, development projects 'operating normally'

04/03/2026

Emaar Properties on Wednesday said all of its malls, hospitality assets, and development projects were "operating normally" as its sales more than doubled year-on-year in the first two months of 2026

Khaleej Times

OQEP profits reach OMR941 million in 2025

03/03/2026

OQ Exploration and Production (OQEP) on Monday announced its audited financial results for the financial year to 31 December 2025 and an update to its strategy. The financial highlights indicate that

Times of Oman

logo

Financial Information Co.

Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2025, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap