DUBAI Oct 7 Qatar National Bank (QNB), the largest lender in the Gulf Arab region, reported a 6.1 percent increase in third-quarter net profit on Wednesday, beating analysts' forecasts.
The bank reported a net profit of 3.11 billion riyals($854.11 million) in the three months to Sept. 30, up from 2.93 billion riyals in the corresponding period of last year, Reuters calculated. The bank did not provide a quarterly results breakdown in its earnings statement.
20:47 Visa's adjusted profit jumps 27 percent29
06:33 SAP first-quarter core profit up 8 percent on accelerating cloud sales23
21:12 Number of U.S. bank branches to shrink 20 percent in five years: real estate report19
20:12 Amgen first-quarter profit exceeds Street estimates on lower costs13