New 2028 targets, capital strategy lifts ABN Amro to top of AEX

ABN Amro Bank NV

25/11/2025 08:43

** Shares in ABN Amro ABNd.AS gain around 4% to the top of Amsterdam's blue-chip index .AEX after announcing its new targets for 2028 ahead of its CMD on Tuesday

** "Key elements (...) are an additional 4,200 FTE cut to achieve the targeted cost savings and optimisation of capital allocation, including a 50% allocation cut to corporate banking and the sale of Alfam," analysts at KBC Securities say

** J.P.Morgan lauds the Dutch bank's commitment to return up to 100% of earnings as "very positive," anticipating higher share buybacks

** Whilst RBC points to the new 2026 net interest income guidance as "one area of concern," it generally views the updated strategy as positive

** Including today's rise, the stock's year-to-date gain stands at nearly 87%

(Reporting by Jakob Van Calster)

((jakob.vancalster@thomsonreuters.com ))