Ahli United Bank B.S.C. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018
Ahli United Bank B.S.C. reported earnings results for the third quarter and nine months ended September 30, 2018. For the period, the company reported net interest income of $241,188,000 compared to $219,062,000 a year ago. Operating income was $294,627,000 compared to $277,354,000 a year ago. Net operating income was $275,089,000 compared to $259,026,000 a year ago. Net profit for the period was $185,628,000 compared to $171,268,000 a year ago. Basic & diluted earnings per ordinary were 2.1 cents compared to 2.0 cents a year ago.
For the nine months, the company reported net interest income of $708,430,000 compared to $635,111,000 a year ago. Operating income was $907,033,000 compared to $825,123,000 a year ago. Net operating income was $845,208,000 compared to $768,812,000 a year ago. Net profit for the period was $572,096,000 compared to $510,539,000 a year ago. Basic & diluted earnings per ordinary were 6.4 cents compared to 5.7 cents a year ago.