Saudi banks post mixed 3Q as provisions catch up with Al Rajhi, SNB, and others
Saudi banks leaned on financing spreads in 3Q — funding costs falling faster than asset yields at Al Rajhi and…
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Saudi banks leaned on financing spreads in 3Q — funding costs falling faster than asset yields at Al Rajhi and…
Some 3Q earnings are out but affected by the the supply chain disruptions and higher shipping costs
Higher fee and commission, trading, and foreign exchange income drove BSF earnings
On a 9M basis, net income fell 42.7% y-o-y to SAR 188.7 mn
Higher poultry volumes and dairy sales in Egypt helped lift revenue, but rising feed shipping and energy costs weighed on…
Revenue recognition on The Astera and Neptune drove the numbers but its pipeline is increasingly a Saudi one
Local firms led GCC corporate earnings in 2Q with a net income of USD 45.3 bn
Revenues rose on merchant network growth
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