ABN AMRO interim div/shr EUR0.54

ABN AMRO interim div/shr EUR0.54

ABN AMRO Bank N.V. has reported a solid financial performance for the second quarter of 2025, posting a net profit of EUR 606 million. The bank's return on equity (ROE) stood at 9.4%, reflecting a strong capital position and effective cost management. The bank's mortgage portfolio expanded by EUR 1.8 billion, while client assets increased by EUR 8.6 billion. Despite geopolitical uncertainties, ABN AMRO's income remained stable, with net interest income and fee income showing slight declines, offset by higher other income.

The bank's CEO, Marguerite Bérard, highlighted the resilience of the Dutch economy in the first half of the year, with GDP growth expected to reach 1.6%. The housing market in the Netherlands is projected to see house prices rise by 8% in 2025, driven by income growth and limited housing supply. ABN AMRO's acquisition of Hauck Aufhäuser Lampe (HAL) and the subsequent integration with Bethmann Bank have strengthened the bank's position in the German wealth management market, creating a top-three player with over EUR 70 billion in assets under management.

ABN AMRO's capital position remains strong, with a Common Equity Tier 1 (CET1) ratio of 14.8%, adjusted for a new EUR 250 million share buyback program. The bank has set an interim dividend of EUR 0.54 per share, with a full-year cost guidance of EUR 5.3-5.4 billion. The bank will review its capital position in Q4 to assess the potential for further share buybacks.

ABN AMRO continues to invest in strategic initiatives, including the launch of the neobank BUUT and the opening of a new office in Eindhoven. The bank is also committed to supporting the European sovereignty and defense industry, investing EUR 10 million in Keen Venture Partners' European Defense and Security Tech Fund.

References:
[1] https://www.globenewswire.com/news-release/2025/08/06/3128019/0/en/ABN-AMRO-posts-net-profit-of-EUR-606-million-in-Q2-2025.html