ABN AMRO Bank Reports Decline in Quarterly Profit

ABN AMRO Bank sees a 27% drop in quarterly profit. With earnings per share decreasing from 0.60 euros to 0.43 euros, the outlook for stock performance appears cautious amid mixed revenue growth.

Date: 12-02-2025

AI Rating: 5

Earnings Per Share (EPS): ABN AMRO's EPS for the fourth quarter has dropped to 0.43 euros from 0.60 euros in the previous year, indicating a significant decrease and negatively impacting investor sentiment.

Net Income: Profit to owners of the parent company decreased by 27% to 397 million euros compared to the prior year's 523 million euros, further signaling a weak performance. After deducting AT1 coupons, net profit stood at 349 million euros, down from last year's figures.

Revenue Growth: The bank reported an increase in net interest income of 11% year-on-year, reaching 1.67 billion euros, which provides a cautiously positive outlook. Additionally, fee income also saw an increase of 11%.

Full-Year Insight: For the full year 2024, profit decreased to 2.40 billion euros from 2.70 billion euros, which highlights a concerning downward trend over the year. However, net interest income for the year slightly increased to 6.50 billion euros, up from 6.28 billion euros, indicating that there are some areas of growth despite the decline in profit.

Overall, the information provided in this analysis reflects a mix of declining profit margins and promising revenue growth in specific areas, which could lead to a cautious investment sentiment.

Stocks: ABNYY