DUBAI, April 15 (Reuters) - 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.
The Omani lender, which is in talks to merge with smaller rival Bank Sohar, made a net profit of 11.78 million rials ($30.60 million) in the three months to March 31 up from 10.22 million rials in the same period last year, it said in a statement to Muscat's bourse.
12:02 Bank of America tops earnings forecast, predicts 'significant increase' in net interest income20
11:20 PE firm Warburg buys $121 million stake in Indian cinema operator PVR9
13:48 Wells Fargo Profit Falls 5.4% as Mortgage Revenue Declines24
12:08 Bank of America Profit Rises 43% on Trading Gains, Cost Cuts23