First Abu Dhabi Bank Earnings inline, Revenue beats In Q3

  • Investing.com
First Abu Dhabi Bank Earnings inline, Revenue beats In Q3

Investing.com - First Abu Dhabi Bank reported on Thursday third quarter earnings that matched analysts' forecasts and revenue that topped expectations.

First Abu Dhabi Bank announced earnings per share of د.إ0.25 on revenue of د.إ10.60. Analysts polled by Investing.com anticipated EPS of د.إ0.25 on revenue of د.إ5.11B.

First Abu Dhabi Bank shares are down 16.97% from the beginning of the year and are trading at د.إ17.46 , down-from-52-week-high.

First Abu Dhabi Bank shares lost 1.69% in intra-day trade the report.

First Abu Dhabi Bank follows other major Financial sector earnings this month

First Abu Dhabi Bank's report follows an earnings missed by Abu Dhabi Commercial Bank PJSC on Monday, who reported EPS of د.إ0.21 on revenue of د.إ5.61B, compared to forecasts EPS of د.إ0.22 on revenue of د.إ3.34B.

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