Streetbeat News

AAVMY

ABN AMRO Bank N.V.

CEO

C. van Dijkhuizen

Industry

Commercial Banking

Open

21.06

Mkt cap

18B

Volume

958

High

21.32

P/E Ratio

7.26

52-wk high

21.32

Low

21.06

Div yield

0.08

52-wk low

14.77

ABN AMRO, a Dutch bank, reported strong Q4 results for 2024, surpassing expectations. Despite a projected decline in net interest income for 2025, the bank anticipates robust earnings. The stock trades at a forward P/E of 7x, with a potential shareholder yield of 10% for 2025.

Portfolio Pulse from

February 18, 2025 | 5:00 pm

ABN Amro's CFO, Ferdinand Vaandrager, reflects on a successful year for the Dutch bank, highlighting strong full-year results and recent M&A activities.

Portfolio Pulse from

February 13, 2025 | 4:15 am

Dutch bank ABN Amro reported a smaller-than-expected drop in fourth-quarter profits, supported by stable income from net interest and fees.

Portfolio Pulse from

February 12, 2025 | 6:30 am

ABN AMRO's profitability is expected to decline due to ECB monetary policy normalization, despite strong Dutch GDP growth helping to keep credit costs in check. Earnings per share are projected to decrease in 2025.

Portfolio Pulse from

February 07, 2025 | 10:30 am

ABN Amro plans to appoint Marguerite Berard, a former BNP Paribas banker, as its new CEO at the upcoming general shareholders meeting in April.

Portfolio Pulse from

January 10, 2025 | 3:00 pm

ABN Amro is nearing a deal to buy HSBC's German wealth management unit, extending its expansion into Germany. The transaction follows ABN Amro's recent purchase of Hauck Aufhaeuser Lampe. HSBC aims to overhaul its German operations. HSBC shares have gained 14% in the last 12 months.

Portfolio Pulse from Lekha Gupta

June 24, 2024 | 12:17 pm

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