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Dutch bank ABN Amro announced on Wednesday that it foresees a slight decrease in net interest income for 2025, noting that the growth that contributed to surpassing fourth-quarter profit expectations was "largely temporary."

In 2024, ABN Amro reported a 4% increase in net interest income, reaching 6.5 billion euros, exceeding its target, mainly due to a more favorable interest rate environment. The bank anticipates net interest income to decrease to between 6.2 billion and 6.4 billion euros ($6.42 billion and $6.63 billion) in 2025.

CEO Robert Swaak highlighted, "The year witnessed continued growth in both net interest income and fee income. With the rebound of the Dutch mortgage market in 2024, we were able to boost our market share for new loan production from 16% to 19%."

For the quarter ending December 31, ABN Amro reported a net profit of 397 million euros, slightly below by 27% compared to the same period the previous year but exceeding analysts' average forecast of 389 million euros.

Quarterly net interest income saw an 11% increase year-on-year, totaling 1.67 billion euros.

The bank stated that costs aligned with its yearly target of approximately 5.3 billion euros and were expected to remain stable in the current year.

(1 euro equals $1.0354)