ABN Amro Q4 profit rises 3%, helped by expanded Dutch residential mortgage production

ABN Amro Bank NV

11/02/2026 06:08

Overview

Dutch bank's Q4 net profit was EUR 410 mln, with strong mortgage production

CET1 ratio improved to 15.4% due to portfolio optimization

Company announced additional EUR 500 mln capital distribution, including dividend

Outlook

ABN Amro expects Dutch house prices to rise moderately in 2026

Company maintains 2026 guidance for commercial net interest income at EUR 6.4 bln

ABN Amro forecasts 2026 costs at EUR 5.6 bln, excluding restructuring expenses

Result Drivers

MORTGAGE PRODUCTION - ABN Amro expanded Dutch residential mortgage production, increasing Q4 market share to 21%

WEALTH MANAGEMENT GROWTH - Wealth Management increased client assets by EUR 5.1 bln, driven by higher deposits

COST MANAGEMENT - Employee numbers decreased by 1,500 FTEs in 2025 as part of right-sizing the cost base

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Net Income
EUR 410 mln
Q4 CET1 Capital Ratio
15.40%
Q4 Impairment charges
EUR 70 mln
Q4 Operating Income
EUR 2.26 bln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 5 "hold" and 3 "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy"

Wall Street's median 12-month price target for ABN Amro Bank NV is €34.10, about 10.1% above its February 10 closing price of €30.98

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nGNE8ykgJf

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)