ABN AMRO Bank N.V. Earnings Recaps
Q1 2026
May 14, 2026
The stock surged 12.5% as ABN AMRO delivered notable beats in fee income and commercial net interest income, underpinned by record-high clearing fees and solid deposit growth, while also lowering full-year cost guidance.
Key takeaways
- Net profit increased 12% year-over-year to EUR 693 million, driving a return on equity of 10.7%.
- Commercial net interest income rose by EUR 36 million, supported primarily by growing deposit volumes despite a slight margin contraction on mortgages from a larger share of government-backed loans.
- Fee income climbed 6% quarter-on-quarter, driven by new client account pricing and robust trading activity amid high market volatility, especially in clearing and global markets.
- Costs are coming down faster than expected, prompting a lowered full-year cost guidance to approximately EUR 5.5 billion, with EUR 60 million saved in Q1 alone.
- Credit quality remains stable with a low cost of risk at 9 basis points despite geopolitical uncertainties; capital remains strong with a CET1 ratio of 15.5%.
Q3 2025
Nov 18, 2025
ABN AMRO continued its strong performance in Q3 2025 with a net profit of EUR 617 million and an increased loan portfolio, while announcing a strategic acquisition of NIBC to enhance its market position.
Key takeaways
- Net profit rose to EUR 617 million, achieving a return on equity of 9.5%.
- Mortgage and corporate loan portfolios grew by EUR 2.1 billion each, reflecting robust demand.
- The acquisition of NIBC, expected to complete in H2 2026, will add EUR 28 billion in mortgages and improve cost synergies.
- Net interest income increased to EUR 1.5 billion, driven by strong mortgage growth despite lower margins.
- Cost discipline remains strong with a reduction of 700 FTEs in Q3 and nearly 1,000 year-to-date (excluding HAL).