ABN AMRO Bank Full Year 2024 Earnings: In Line With Expectations

ABN AMRO Bank (AMS:ABN) Full Year 2024 Results

Key Financial Results

• Revenue: €8.88b (up 1.2% from FY 2023).
• Net income: €2.40b (down 7.8% from FY 2023).
• Profit margin: 27% (down from 30% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: €2.72 (down from €2.99 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

ABN AMRO Bank Meets Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 3.8% growth forecast for the Banks industry in Europe.

Performance of the market in the Netherlands.

The company's shares are up 3.3% from a week ago.

Risk Analysis

Be aware that ABN AMRO Bank is showing 2 warning signs in our investment analysis and 1 of those can't be ignored...

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