Commercial Bank of Qatar (CBQ) reported a 24.9 percent jump in second-quarter profit on Wednesday, beating analysts' forecasts on increased lending and customer deposits.
The Gulf state's third largest lender by market value had net profit of 509.6 million riyals ($139.9 million), according to Reuters calculations. That was up from 408 million riyals in the same period last year.
Analysts polled by Reuters forecast an average quarterly profit of 419.72 million riyals.
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