National Bank Of Oman posts flat Q2 net profit

  • Share via facebook
  • Tweet this
  • Bookmark and Share

National Bank of Oman, the sultanate's fourth-largest lender by market capitalisation, posted a near-flat second quarter net profit, Reuters calculated, beating analyst estimates.

The lender made a second-quarter net profit of 10.17 million rials ($26.4 million) compared with 10.3 million rials in the corresponding period in 2012.

Net profit for the first half of the year was 18.77 million rials compared with 19.92 million rials in the prior year period, NBO said in a statement on Oman's bourse.

Five analysts polled by Reuters had on average expected the bank to post a net profit of 9.53 million rials for the second quarter.

Related:

Market Performance

National Bank of Oman
0.36
0.0 0.0 (%)
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

Enter the words above: Enter the numbers you hear:

All comments are subject to approval before appearing

Further reading

Most Popular
Most Discussed