ABN Amro sets an interim dividend of EUR 0.54/share and confirms FY cost guidance. The bank announces a EUR 250 mln share buyback program. Envipco agrees financing up to EUR 21 million with ABN AMRO. ABN Amro announces executive appointments in Germany and closes the purchase of HAL. The bank pays a $17 mln fine for breaching the bonus ban and partners with CGI to become a CLS Bank full settlement member.
ABN Amro Bank N.V. has announced a EUR 250 million share buyback program, aiming to reduce its share capital. The program, approved by the European Central Bank (ECB), will commence on 7 August 2025 and is expected to end by December 2025. The bank has reserved capital for this purpose, which is already excluded from the 2025 Q2 capital ratios. The repurchased shares will be canceled in due course [2].
The bank also set an interim dividend of EUR 0.54 per share for the second quarter of 2025. This dividend reflects the bank's solid financial performance, with a net profit of EUR 606 million and a return on equity of 9.4%. The bank's CET1 ratio at the end of Q2 2025 was 14.8%, adjusted for the new share buyback [3].
ABN Amro has entered into a financing agreement with Envipco, securing up to EUR 21 million. The bank also announced executive appointments in Germany and closed the acquisition of Hauck Aufhäuser Lampe (HAL). Additionally, ABN Amro paid a $17 million fine for breaching the bonus ban and partnered with CGI to become a CLS Bank full settlement member [1].
The bank's capital position remains strong, with a CET1 ratio of 14.8%. ABN Amro's CEO, Marguerite Bérard, stated that the bank will review its capital position in Q4 to assess potential room for further share buybacks. The bank's performance in the second quarter reflects the strength of its franchise and the dedication of its people. ABN Amro remains committed to enhancing profitability, optimizing its capital position, right-sizing its cost base, and achieving meaningful growth [3].
References:
[1] https://www.marketscreener.com/news/abn-amro-bank-announces-eur-250-mln-share-buyback-programme-ce7c5ed8d080f222
[2] https://finance.yahoo.com/news/abn-amro-announces-eur-250-050100946.html
[3] https://finance.yahoo.com/news/abn-amro-posts-net-profit-050000667.html
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