DUBAI, April 22 Abu Dhabi Commercial Bank
reported a 15 percent increase in first-quarter net
profit on Tuesday, beating analysts' expectations.
The United Arab Emirates' fourth-largest lender by assets
posted a net profit attributable to shareholders of 953 million
dirhams ($260 million) in the opening three months of 2014, up
from 829.5 million dirhams in the prior-year period.
Seven analysts polled by Reuters had estimated an average
first-quarter profit of 853.1 million dirhams.
($1 = 3.6730 UAE Dirhams)
(Reporting by David French; Editing by Andrew Torchia)