Bank Albilad’s Q2 profit falls below forecasts: Aljazira Capital

12/07/2015 Argaam

Bank Albilad’s Q2 profit fell 13.2 percent below estimates set by Aljazira Capital, the brokerage firm said in a report.

 

Aljazira Capital updated Bank Albilad to “neutral,” and maintained the stock’s target price at SAR 34.3.

 

Despite the bank’s higher operating income, net earnings remained relatively stable, due to higher-than-expected provisions, Aljazira added.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.