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ABNRY / Dutch bank ABN Amro announces 500 million euro share buyback as net profit jumps

Dutch bank ABN Amro said on Wednesday it will buy 500 million euros ($571 million) of its own shares, as it reported higher-than-expected net profit of 552 million euros for the fourth quarter, helped by economic recovery and the sale of its head office. Read More

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Posted: Feb 9 2022, 03:36

Author Name: Reuters

ABNRY News

By Reuters
May 10, 2023

ABN Amro Q1 net profit jumps 77% on higher rates and lower costs

Dutch bank ABN Amro on Wednesday beat analyst expectations with a 77% jump in first-quarter net profit to 523 million euros ($576 million), helped by

By Market Watch
February 8, 2023

ABN AMRO posts forecast-beating results, plans $536.5 million buyback program

CORRECTIONS & AMPLIFICATIONS: This headline was corrected at 0615 GMT because the reported period was misstated as the fourth quarter. In addition, th

By Market Watch
November 9, 2022

ABN AMRO says it can weather macroeconomic challenges after better-than-expected profit

ABN AMRO Bank NV reported on Wednesday a better-than-expected profit for the third quarter, boosted by a recovery in deposit margins, as well as dispo

By Reuters
August 10, 2022

ABN Amro's quarterly profit beats estimates despite rising costs

AMSTERDAM (Reuters) -Dutch bank ABN Amro beat analyst expectations on Wednesday with a jump of 21% in second-quarter net profit to 475 million euros (

By Market Watch
June 17, 2022

ABN Amro shares jump on report BNP Paribas wants to buy it

ABN Amro ABN, +14.56% shares surged 17% in Amsterdam after Bloomberg News reported that BNP Paribas BNP, +2.31% has expressed interest in buying the l

By Reuters
May 18, 2022

Dutch bank ABN Amro's Q1 profit beats estimates

Dutch bank ABN Amro on Wednesday reported first-quarter net profit above market expectations at 295 million euros ($310.6 million), helped by the reop

By Kitco
March 30, 2022

Fed to raise rates by 1% in next 3 months, says ABN AMRO

(Kitco News) - With the Federal Reserve sending more aggressive signals, ABN AMRO is pricing in two 50-basis-point rate hikes at the next two monetary

By Seeking Alpha
February 25, 2022

At 0.5x TBV, ABN AMRO Is Too Cheap

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