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Resilient economy boosts bank profits in first quarter

Nearly Half a dozen banks that reported their 2015 first quarter results on Wednesday showed the strong resilience of the UAE’s economy

Emirates NBD Announces First Quarter 2015 Results

Net profits up 60% to AED 1.7 billion on higher income and lower provisions

FGB slips off profitability top spot as earnings miss target

The Abu Dhabi-based lender FGB said its first quarter net profit increased nearly 7 per cent, missing analyst estimates and ceding its top spot as the country’s most profitable lender to Emirates NBD of Dubai.

First Gulf Bank quarterly profit falls short of estimates

First quarter net profit from First Gulf Bank failed to match analyst estimates on Wednesday despite rising by 7 percent thanks to higher fee income.

Commercial Bank of Qatar net profit falls 15.3 pct, misses forecasts

Commercial Bank of Qatar, the Gulf Arab state's second-largest lender by assets, posted a 15.3 percent drop in first-quarter profit on Wednesday as the bank set aside more cash to cover bad loans.

Doha Bank posts QR420mn Q1 profit

The bank’s total assets stood at QR74.2bn in March, up 6% (QR4.1bn) on the same period in 2014.

Al Khaliji Q1 net jumps 32%

The bank’s total assets reached QR53bn in the first quarter, up 21% on Q1, 2014 and 3% on Q4, 2014.

BBK's net profit rises 6pc to $39m

Earnings per share for the period have increased from 13 fils to 14 fils, said a report in the Gulf Daily News, our sister publication.

Gulf Bank posts a 12% increase in Net Profit in Q1 2015

Gulf Bank today announced a net profit of KD 9.8 million for the first quarter of 2015 which is a 12% increase over the same period in 2014

UAE bank ADCB Q1 net attributable profit rises 31 percent

Abu Dhabi Commercial Bank posted a 31 percent increase in first-quarter net profit on Tuesday, beating analysts' forecasts.

ADCB net attributable profit rises 31% in Q1

Abu Dhabi Commercial Bank posted a 31% increase in first-quarter net profit yesterday, beating analysts’ forecasts, boosted by strong returns from fees and lending.

UNB posts record profit for Q1-2015

UNB Group profit of AED 615 million for Q1-2015, up by 41% quarter-on-quarter

Qatar Re reports financial performance in 2014

In 2014 Qatar Re continued to post significant business growth at improving profitability. Two years after the Company’s strategic repositioning as a global reinsurer, gross written premiums increased by 60 per cent to $536 million, net income came

Mashreq’s Q1 profit up 13% to Dh651m

Earnings per share strengthened to Dh3.67 at the end of March 2015 compared to Dh3.40 a year earlier.

MidEast investment banking fees hit $182m in Q1

Middle Eastern investment banking fees totalled $182 million during the first quarter of 2015

Saudi Hollandi Bank Q1 net profit up 29.3%

Saudi Hollandi Bank, the Kingdom’s oldest lender, posted a 29.3 per cent jump in first-quarter net profit on the back of higher operating income, it said on Wednesday, beating analysts’ expectations.

Dubai's DIB posts 33.9% jump in Q1 net profit

Dubai Islamic Bank, the United Arab Emirates' largest sharia-compliant lender, reported a 33.9 percent increase in first-quarter net profit

Al-Marzouk: KD 29.9 Million Net Profit for KFH in First Quarter up 14.6 %

Earnings per Share 6.38 Fils and 4.5% Increase in Assets Deposits Increased by 4.3% reaching KD 14.32 Billion

Oman's Bank Dhofar Q1 net profit rises 15.3 pct, beats estimates

Oman's Bank Dhofar , the sultanate's second-largest lender by assets, posted a 15.3 percent rise in first-quarter net profit on Wednesday to narrowly beat analysts' forecasts as its loan book increased.

Dubai Islamic Bank Group 1st Quarter 2015 Financial Results

Q1 2015 net profit up by 34 per cent to AED 850 million

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