RIYADH Oct 13 Saudi's Samba Financial Group
said its third-quarter net profit rose 2.3 percent
over last year, beating analyst expectations, it said in a
bourse statement on Saturday.
The kingdom's second-largest listed lender by market value
said that it made 1.16 billion riyals ($310 million) compared
with 1.14 billion riyals in the three months ending September
Ten analysts surveyed by Reuters forecast the firm to post,
on average, a net profit of 1.13 billion riyals.
The bank attributed its performance to increased operating
income without elaborating.
(Reporting By Angus McDowall)