Saudi banks’ aggregate profit for Q1 2020 tops estimates by 4%

Argaam Report
Last Updated Date (31/05/2020)

The aggregate net profit of Tadawul-listed banks reached SAR 11.14 billion in Q1 2020, 4% above average analysts’ estimates of SAR 10.73 billion, according to data compiled by Argaam.

Four banks’ earnings came above expectations, led by th

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