Abu Dhabi's ADCB Q4 net profit beats estimates
Five analysts polled by Reuters had expected the bank on average to earn 783.5 million dirhams in the quarter
Abu Dhabi Commercial Bank said on Sunday its fourth-quarter net profit rose 40 percent to 879 million dirhams ($237 million) from 628 million dirhams a year ago.
Five analysts polled by Reuters had expected the bank on average to earn 783.5 million dirhams in the quarter.
The United Arab Emirates' third-largest lender by market value said in a bourse statement that its full-year profit
attributed to equity holders rose to 3.37 billion dirhams last year from 2.74 billion dirhams in 2012.
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