Saudi Arabia's Riyad Bank 1010.SE posted a 9.4 percent rise in second-quarter net profit on the back of improved operational income, the bank said on Sunday, beating analysts' forecasts.
The kingdom's third-largest lender by market value made 914.4 million riyals ($243.8 million) in the three months to June 30, up from 836 million riyals in the year-earlier period, the firm said in a bourse statement.
Analysts polled by Reuters had, on average, estimated earnings of 864 million riyals.
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