May 13 (Reuters) - ABN Amro Bank NV ABNd.AS:
ABN AMRO Q1 OPERATING INCOME EUR 2,287 MILLION VERSUS. ESTIMATE EUR 2.28 BILLION
ABN AMRO Q1 IMPAIRMENT CHARGES EUR 67 MILLION
ABN AMRO Q1 NET INCOME EUR 693 MILLION VERSUS. ESTIMATE EUR 569 MILLION
ABN AMRO Q1 ROE 10.7%
ABN AMRO Q1 CET1 CAPITAL RATIO 15.5% VERSUS. ESTIMATE 15.5%
COST GUIDANCE FOR FY2026 LOWERED TO AROUND EUR 5.5 BILLION
Q1 CET1 RATIO IMPROVED TO 15.5%
WE LOWERED OUR COST GUIDANCE FOR FULL YEAR TO AROUND EUR 5.5 BILLION
NUMBER OF FULL-TIME EQUIVALENTS (FTES) DECREASED BY 528 IN Q1
Q1 NII EUR 1.64 BILLION VERSUS EUR 1.59 BILLION IN COMPANY-PROVIDED CONSENSUS
MODERATION IN PACE OF REDUCTIONS EXPECTED FOR REMAINDER OF YEAR
TOTAL FTE DECREASE SINCE END-2024 NOW STANDS AT AROUND 40% OF 2028 TARGET
Source text: ID:nGNE4nK5nL
Further company coverage: [ABNd.AS]
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