AAVMY News and Press, ABN AMRO Bank N.V. - ADR From 05/18/22

ABN AMRO Bank N.V. (AAVMY) Q1 2022 Earnings Conference Call May 18, 2022, 05:00 AM ET Company Participants Robert Swaak - Chairman and CEO Lars Kramer - Vice Chairman and CFO Tanja Cuppen - Chief Risk Officer Conference Call Participants Giulia Miotto - Morgan Stanley Benoit Petrarque - Keple...

ABN AMRO Bank N.V. (OTCPK:AAVMY): Q1 GAAP EPS of €0.29. Revenue of €1.51B (-18.4% Y/Y). For further details see: ABN AMRO Bank N.V. GAAP EPS of €0.29, revenue of €1.51B

ABN AMRO is one of the better banks in the Eurozone, sporting an attractive deposit franchise due to the concentrated Dutch banking market. The bank is operating in a brutally tough interest rate environment, and net interest income ultimately makes up most of its top line. NII fell a...

Net profit of 343M EUR in Q3 (RoE of 6.5%), impacted by a 217M EUR consumer credit provision and a negative cost of risk (-2 bps). Latest lockdown in the Netherlands to delay, not derail, capital return plans. Government remains a major shareholder and is likely to participate in any ...

CET1 ratio likely to remain above management's 15% threshold for buybacks; however I expect near-term uncertainties to delay distributions. Extra 220M EUR provision for overcharged interest to impact Q3 results. As of Q2 CIB restructuring was 80% complete, and I expect it to be ab...

ABN AMRO was showing signs of flattening growth pre-pandemic, and is now in very poor shape with rising credit costs and operating expenses. We estimate net losses will continue YoY in FY12/2021, and a limited return to net profits in FY12/2022. With no prospect of decent sharehol...

ING's fourth quarter included a modest pre-provision profit beat on an adjusted basis, though lower provisioning drove the large majority of the beat. Loans declined in 2020 and the recovery back to ING's former loan growth rate of around 4% is likely to take a couple of years. Sp...

The following slide deck was published by ABN AMRO Bank N.V. in conjunction with their 2020 Q4 earnings call. For further details see: ABN AMRO Bank N.V. 2020 Q4 - Results - Earnings Call Presentation

I look at five European banks that made it to the latest Dow Jones Sustainability Index. A comparative review of their financial indicators does not reveal a runaway winner but a couple of income play contenders. Value opportunity, Intesa Sanpaolo has had a respectable run through...

ABN AMRO's guidance for 2021 was surprisingly weak, and it looks like investors may have to wait longer for the profitability to return. ABN isn't ruling out paying the 0.68 EUR final dividend for FY 2019 in 2021, but has not guaranteed payment. The 2024 targets make ABN attractiv...