Arab National Bank Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 30, 2023 at 12:49 pm EDT
Arab National Bank reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net interest income was SAR 1,770.01 million compared to SAR 1,389.84 million a year ago. Net income was SAR 985.98 million compared to SAR 707.69 million a year ago. Basic earnings per share from continuing operations was SAR 0.66 compared to SAR 0.47 a year ago.
For the six months, net interest income was SAR 3,526.13 million compared to SAR 2,592.24 million a year ago. Net income was SAR 2,053.56 million compared to SAR 1,358.42 million a year ago. Basic earnings per share from continuing operations was SAR 1.37 compared to SAR 0.91 a year ago.