Dutch ABN Amro rises on NIBC acquisition, Q3 beat

ABN Amro Bank NV

12/11/2025 08:17

** Shares in ABN Amro ABNd.AS rise around up 2%, after the Dutch bank announced acquisition of domestic peer NIBC for roughly 960 million euros ($1.12 billion)

** The lender also beat market expectations for Q3 net profit which came in at 617 million euros

** "Strategically, investors might have preferred more diversification away from Dutch mortgages, but strengthening the group’s position still has some merits" J.P. Morgan says on the acquisition, deeming that the perceived return from the transaction is higher than the share buybacks

** The analysts add that the bank's full-year guidance still implies some upside

** Up to the previous session's close, shares were up 81.9%​ YTD

($1 = 0.8575 euros)

(Reporting by Mateusz Rabiega)

((Mateusz.rabiega@thomsonreuters.com;))