The National Commercial Bank Reports Earnings Results for the Fourth Quarter and Year 2015
For the quarter, the company's net income reached SAR 2.13 billion compared to SAR 1.83 billion in the fourth quarter of the previous year achieving an increase of 16.5%. Earnings per share reached SAR 4.56 compared to SAR 4.34 for the same period of the previous year. Net special commission income in the quarter reached SAR 3.41 billion compared to SAR 3.06 billion of fourth quarter of the previous year with an increase of 11.3% and SAR 3.21 billion for the previous quarter achieving an increase of 6.1%. Total operating income reached SAR 4.44 billion compared to SAR 4.05 billion of fourth quarter of the previous year with an increase of 9.6%.