Mubasher: Ahli United Bank (AUB) achieved a growth of 5% in net profit attributed to equity shareholders during the first quarter ended 31 March, 2016, according to a bourse statement.
AUB’s earnings reached $154.6 million in Q1-16 as compared to $147.2 million achieved in Q1-15.
Meanwhile, the largest Bahraini lender’ net profit rose to $174.356 million from $162.87 million.
“Earnings per share in Q1/2016 were US 2.3 cents, compared to US 2.2 cents in Q1/2015,” the statement said.
Total operating income increased 6.3% to $280.5 million in Q1-16, from $263.9 million in Q1-15.
