Picture of ABN Amro Bank NV logo

ABN — ABN Amro Bank NV News Story

0.000.00%
nl flag iconLast trade - 00:00
FinancialsBalancedLarge CapMomentum Trap

ABN Amro beats quarterly profit expectations on lower costs

May 13 (Reuters) - Dutch bank ABN Amro ABNd.AS reported a bigger-than-expected 12% rise in quarterly profit on Wednesday on lower expenses as well as revenue that came in slightly above expectations, as the lender continued to push towards slimming down its personnel.

Net profit for the first quarter came in at 693 million euros ($813.10 million), above average expectations of 569 million euros from analysts polled by the bank.

($1 = 0.8523 euros)

 (Reporting by Mateusz Rabiega and Jakob Van Calster; Editing by Janane Venkatraman)

 ((mateusz.rabiega@thomsonreuters.com))

Recent news on ABN Amro Bank NV

See all news