Invest bank registers Dhs90m profit

25/04/2017 05:45 AST

Invest bank has posted a net profit of Dhs90 million by the end of the first quarter of 2017, recording an increase of 5 per cent over the corresponding period of 2016.

The bank recorded an operational income of Dhs178 million, while its net operational profits reached Dhs143 million, up by 9 per cent over the same period of 2016.

The bank's total net interest income reached Dhs124 million, while its income excluding interest reached Dhs54 million. Total assets stood at Dhs16.1 billion while total liabilities reached Dhs13.2 billion.

According to a statement by the bank, total loans and advances reached Dhs11.9 billion, the same as those recorded in December 2016, while customers' deposits totaled Dhs12.3 billion, recording an increase of 1 per cent over the end of 2016. Shareholders' equity totaled Dhs2.9 billion by the end of the first quarter of 2017.


The Gulf Today

News

Investbank acquires stakes in Amanat Holdings

16/11/2017

Investbank has affirmed that it has acquired 405 million stocks in Amanat Holdings on behalf of TC Blitz, listed in Abu Dhabi Stock Exchange.

The bank reported in a separate statement to

The Gulf Today

InvestBank net profit rises by 5.14% in H1

13/07/2017

InvestBank achieved positive results during the first half of this year as its net profits rose by 5.14 per cent to Dhs177.9 million, up from Dhs169.23 million during the corresponding period of 2016

The Gulf Today

Invest bank posts Dhs271.7 million profit by year-end

13/02/2017

Invest bank posted a net profit of Dhs271.7 million by the end of 2016, up by 8 per cent over 2015. The bank posted an operational income of Dhs741 million, while its net operational profit reached D

The Gulf Today

Most Viewed Companies

Ticker Price Volume

Valuation

INVESTB 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
IHC 390.00 -2.00 (-0.52%)
FAB 18.70 0.30 (1.63%)
EMIRATESNBD 30.90 0.60 (1.98%)
ADCB 13.12 -0.08 (-0.61%)
ADIB 23.70 0.16 (0.67%)

Recent News

NBQ posts Dh152m after-tax profit in Q1, helped by net interest income, cost management

20/04/2026

National Bank of Umm Al Qaiwain (NBQ) posted an after-tax profit of Dh152 million in the first quarter of 2026, supported by strong core fundamentals, disciplined cost management, and a balanced appr

Khaleej Times

KFH Bahrain offers 3-month loan, card payment deferral

20/04/2026

Kuwait Finance House - Bahrain (KFH), a leading bank in the kingdom, has announced that it is allowing individual and corporate customers to defer domestic loan instalments and credit card payments f

Trade Arabia

Sabic earns Edison Awards for sixth year

20/04/2026

For the sixth consecutive year, Saudi Basic Industries Corporation (Sabic) has won recognition across various categories of the Edison Awards for a range of innovative solutions, reflecting the globa

Trade Arabia

Markaz-owned Kuwaiti tower gets top green building certification

20/04/2026

Kuwait Financial Centre (Markaz) has announced that the Al Nada Tower, a key residential building owned by its real estate fund, has achieved LEED (Leadership in Energy and Environmental Design) Gold

Trade Arabia

NBB joins forces with BLME to provide UK property loans

20/04/2026

The National Bank of Bahrain (NBB), a leading financial powerhouse in the kingdom, has sealed a strategic collaboration deal with Bank of London and The Middle East (BLME) to provide tailored UK prop

Trade Arabia

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