Comment & Analysis
Financial Results
Investment Banking
Trading, Broking & Stock Exchanges
Uncategorized
Saudi bank NCB posts 2.6 pct drop in net profit, misses forecasts
Saudi Arabia's National Commercial Bank, the kingdom's largest lender, posted a 2.6 percent fall in second-quarter net profit on Thursday, missing analysts' forecasts as fee income weakened and operating expenses rose. NCB is the fifth Saudi bank to report earnings for the second-quarter. The sector's performance is more mixed than…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Reuters