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DUBAI, Jan 30 (Reuters) - Gulf Bank, Kuwait's fourth-largest lender by assets, reported a 7.4 percent rise in fourth-quarter net profit on Monday.
* Net profit for the three months to Dec. 31 was 10.1 million dinars ($33.1 million), compared with 9.4 million dinars in the year-earlier period, according to Reuters' calculations based on financial statements in lieu of a quarterly breakdown.
* Net profit was 42.9 million dinars for the full-year of 2016, according to a bourse filing, compared with 39.0 million dinars for the previous year.
* The bank's board proposed a cash dividend of 7 fils per share for 2016. This compares with the 2015 payout of 4 fils per share.
($1 = 0.3048 Kuwaiti dinars)
(Reporting by Tom Arnold, editing by Louise Heavens) ((Tom.Arnold@thomsonreuters.com; +97144536265; Reuters Messaging: tom.arnold.thomsonreuters.com@reuters.net))
* Net profit for the three months to Dec. 31 was 10.1 million dinars ($33.1 million), compared with 9.4 million dinars in the year-earlier period, according to Reuters' calculations based on financial statements in lieu of a quarterly breakdown.
* Net profit was 42.9 million dinars for the full-year of 2016, according to a bourse filing, compared with 39.0 million dinars for the previous year.
* The bank's board proposed a cash dividend of 7 fils per share for 2016. This compares with the 2015 payout of 4 fils per share.
($1 = 0.3048 Kuwaiti dinars)
(Reporting by Tom Arnold, editing by Louise Heavens) ((Tom.Arnold@thomsonreuters.com; +97144536265; Reuters Messaging: tom.arnold.thomsonreuters.com@reuters.net))
