Bank AlJazira reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2012. For the quarter, the company reported net special commission income of SAR 244.65 million compared to SAR 210.03 million for the same period a year ago. Total operating income was SAR 392.20 million compared to SAR 293.71 million last year. Net income was SAR 130.32 million compared to SAR 65.76 million last year. Net income attributable to equity holders of the parent were SAR 130.46 million or SAR 0.43 per basic and diluted share compared to SAR 66.02 million or SAR 0.22 per basic and diluted share last year.

For the nine months, the company reported net special commission income of SAR 704.33 million compared to SAR 584.93 million for the same period a year ago. Total operating income was SAR 1,228.79 million compared to SAR 878.27 million last year. Net income was SAR 402.70 million compared to SAR 192.60 million last year. Net income attributable to equity holders of the parent were SAR 402.67 million or SAR 1.34 per basic and diluted share compared to SAR 192.50 million or SAR 0.64 per basic and diluted share last year. Net cash from operating activities was SAR 3,562.34 million compared to SAR 909.70 million last year. Acquisition of property and equipment was SAR 61.33 million compared to SAR 33.58 million last year.