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ADCB Q4 net jumps 40pc, beats estimates

Abu Dhabi, January 26, 2014

Abu Dhabi Commercial Bank (ADCB) said on Sunday its fourth-quarter net profit rose 40 per  cent to Dh879 million ($237 million) from Dh628 million a year ago.

Five analysts polled by Reuters had expected the bank on average to earn Dh783.5 million in the quarter.

The UAE's third-largest lender by market value said in a bourse statement that its full-year profit attributed to equity holders rose to Dh3.37 billion last year from Dh2.74 billion in 2012. - Reuters




Tags: profit | ADCB | Q4 |

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