DUBAI, Oct 23 (Reuters) - Abu Dhabi Commercial Bank
ADCB.AD
posted a 17 percent fall in third-quarter profit on Sunday, missing analysts' forecasts.
The emirate's second-largest bank by assets made a net profit attributable to shareholders of 999.1 million dirhams ($272 million) in the three months to Sept. 30, compared to 1.20 billion dirhams in the same period a year ago, according to its financial statement.
Three analysts polled by Reuters had on average forecast a net profit for the quarter of 1.10 billion dirhams. >
Total net profit for the quarter was 1.01 billion dirhams, down from 1.20 billion dirhams in the year earlier period.
($1 = 3.6729 UAE dirham)
(Reporting by Tom Arnold; Editing by David French) ((Tom.Arnold@thomsonreuters.com; +97144536265; Reuters Messaging: tom.arnold.thomsonreuters.com@reuters.net))
The emirate's second-largest bank by assets made a net profit attributable to shareholders of 999.1 million dirhams ($272 million) in the three months to Sept. 30, compared to 1.20 billion dirhams in the same period a year ago, according to its financial statement.
Three analysts polled by Reuters had on average forecast a net profit for the quarter of 1.10 billion dirhams. >
Total net profit for the quarter was 1.01 billion dirhams, down from 1.20 billion dirhams in the year earlier period.
($1 = 3.6729 UAE dirham)
(Reporting by Tom Arnold; Editing by David French) ((Tom.Arnold@thomsonreuters.com; +97144536265; Reuters Messaging: tom.arnold.thomsonreuters.com@reuters.net))
