43.3000
Change
-0.6500
Change %
1.4790%
Open
43.9500
Close
43.8500
High
44.1500
Low
43.3000

Banque Saudi Fransi Q3 profit inches higher

2018-10-24 11:26:49 GMT (Economies.com)
 
Banque Saudi Fransi (BSF) posted a slight increase in net profit for the third quarter of 2018, according to the bank’s filing to Tadawul on Wednesday.
The bank’s Q3 net profit rose 0.399% year-on-year to SAR 1.005 billion, from SAR 1.001 billion in prior-year period.
Q3 net investment income amounted to SAR 1.3 billion, up from SAR 1.2 billion in Q3-17.
BSF attributed the rise in Q3 net profit to an increase in total operating income by 4.05%, mainly due to a rise in special commissions income, as well as gains from financial instruments acquired at fair value.
The lender’s bottom line for the first nine months of 2018 amounted to SAR 3.038 billion, a rise of 2.3% year-on-year from SAR 3.109 billion.
 
 
 
  Symbol Last Change Chg.%
1.1296
0.0001
0.0115%
1.3286
0.0032
0.2437%
Tadawul
11021.07
-175.65
1.57%
22.454
0.242
1.087%
70.559
2.808
4.145%
74.01
0.93
1.27%
1782.130
3.540
0.199%
 
 
News Today