ABN AMRO Bank (AAVMY)
OTHER OTC:AAVMY
Want to see AAVMY full AI Analyst Report?
Earnings Data
Report Date
Aug 12, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.9Last Year’s EPS
0.78Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a predominantly positive operational and financial performance: net profit rose 12% YoY, fee income hit record levels, mortgage and deposit growth are progressing toward 2028 targets, costs are being reduced and the CET1 ratio remains strong at 15.5%. Management also lowered full-year cost guidance and identified further RWA reductions. Key risks noted include market volatility depressing client assets and other income, higher modelled impairments driven by updated macro scenarios, deposit competition that could temper NII upside, and some timing uncertainty around capital distributability and restructuring costs. Overall, positive delivery and strong capital/risk metrics outweigh the highlighted near-term uncertainties.Company Guidance
Net Profit and Profitability
Net profit of EUR 693 million, up 12% year-over-year, delivering a return on equity (ROE) of 10.7% for Q1 2026.
Strong Capital Position
Proforma CET1 ratio of 15.5%, supporting ability to invest and return capital; committed to returning at least EUR 7.5 billion (paying up to 100% of net profit) over 2026-2028.
Mortgage and Deposit Growth Against 2028 Ambition
EUR 2 billion mortgage growth in Q1; mortgages achieved ~30% of the 2028 growth ambition (rising to ~73% including intended NIBC acquisition). Client deposit growth achieved ~46% of the 2028 ambition (rising to ~63% including NIBC).
Record and Improving Fee Income
Fee income reached record level, driven by high market volatility and clearing/global markets activity; fee income increased 6% quarter-on-quarter.
Commercial Net Interest Income Momentum
Commercial NII improved by EUR 36 million in Q1; forward rates imply an estimated upside of roughly EUR 100 million to commercial NII for 2026 (guidance currently unchanged).
Cost Reduction Progress and Lowered Guidance
Underlying costs declined further; full-year 2026 cost guidance lowered by ~EUR 100 million to approximately EUR 5.5 billion. Achieved EUR 60 million of cost savings in Q1 and cumulative savings of ~EUR 220 million of a EUR 900 million target (~24% realized). Costs excluding HAL down ~6% year-over-year.
Workforce and Efficiency Execution
Significant FTE reductions: ~40% of the planned FTE reductions toward the 2028 target have been achieved since end-2024; continued emphasis on automation and AI to improve productivity.
Risk and Loan Portfolio Quality
Credit quality described as solid: cost of risk of 9 basis points, Stage 3 ratio at 2.1%, coverage ratio 15.8%, limited net impairments and only ~EUR 200 million private credit exposure.
RWA and Capital Optimization
Realized an additional ~EUR 1 billion RWA reduction this quarter, reaching ~50% of the EUR 10 billion target; identified ~EUR 8 billion of RWA for active management and securitized ~20% via prior SRT transaction; Corporate Banking allocated RWAs now ~51%.
Product and Business Initiatives
Expanded client offering with regulated crypto investment products; growth in transition financing (renewables, defense) and conversion of cash into mandated/advisory products despite volatile markets.
AAVMY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AAVMY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 13, 2026 | $34.31 | $37.20 | +8.40% |
Feb 11, 2026 | $35.97 | $34.91 | -2.94% |
Nov 12, 2025 | $30.61 | $31.39 | +2.54% |
Aug 06, 2025 | $27.65 | $26.49 | -4.19% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does ABN AMRO Bank (AAVMY) report earnings?
ABN AMRO Bank (AAVMY) is schdueled to report earning on Aug 12, 2026, Before Open (Confirmed).
What is ABN AMRO Bank (AAVMY) earnings time?
ABN AMRO Bank (AAVMY) earnings time is at Aug 12, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AAVMY EPS forecast?
AAVMY EPS forecast for the fiscal quarter 2026 (Q2) is 0.9.