ABN AMRO Group N.V. (ABN) AI Stock Analysis

• Market Cap: €20.88B
• Dividend Yield: 5.15%
• Average Volume (3M): 2.52M
• Price to Earnings (P/E): 9.2
• Beta (1Y): 0.83
• Revenue Growth: -10.84%
• EPS Growth: -10.98%
• Country: NL
• Employees: 21,976
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Diversified
• EPS (TTM): 0.67
• Shares Outstanding: 833,048,600
• 10 Day Avg. Volume: 2,575,831
• 30 Day Avg. Volume: 2,524,845
• PEG Ratio: -0.58
• Price to Book (P/B): 0.48
• Price to Sales (P/S): 0.64
• P/FCF Ratio: -1.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €30.61
• Price Target Upside: 22.15% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 8

• Rating: 80 Outperform
• Price Target: €29.00 ▲(15.72% Upside)

ABN AMRO Group N.V. benefits from strong technical momentum and attractive valuation, suggesting potential undervaluation and income opportunities. However, challenges in profitability and cash flow efficiency slightly offset these positives.

ABN AMRO Group N.V. Business Overview & Revenue Model

Company Description

ABN AMRO Bank N.V. provides various banking products and services to retail, private, and business clients in the Netherlands and internationally. It operates through three segments: Personal & Business Banking, Wealth Management, and Corporate Banking. The company provides savings and deposits products; labelled residential mortgage products under the Florius brands; and consumer loans under the Alpha Credit Nederland, Credivance, Defam, Moneyou, and ABN AMRO brands. It also issues, promotes, manages, and processes credit cards; provides revolving credit card facilities and pension schemes, as well as consumer credit and mortgages; and life and non-life insurance products. In addition, it offers asset-based solutions, including working capital solutions, equipment leases and loans, and vendor lease services; private banking and wealth-management-related services; and derivatives and equity clearing services. ABN AMRO Bank N.V. was incorporated in 2009 and is headquartered in Amsterdam, the Netherlands.

How the Company Makes Money

ABN AMRO generates revenue through various streams, primarily from interest income, fees, and commissions. Interest income comes from lending activities, including mortgages and corporate loans, where the bank earns interest on the funds it lends to customers. Fee-based income is derived from asset management, transaction services, and advisory services provided to corporate clients. Additionally, the bank may earn revenue from trading and investment activities. Significant partnerships with other financial institutions and businesses also contribute to its earnings, enhancing its service offerings and access to new clients.

ABN AMRO Group N.V. Financial Statement Overview

Summary

ABN AMRO Group N.V. shows solid revenue growth and cost management, resulting in a strong gross profit margin. However, declining net profit margin, return on equity, and volatile negative cash flows indicate challenges in profitability and cash flow efficiency.

Income Statement

ABN AMRO Group N.V. has demonstrated a healthy revenue growth trend over the years, with a noticeable increase from 2020 to 2024. The gross profit margin is strong at approximately 99.4% in 2024, indicating effective management of cost relative to revenue. However, the net profit margin decreased from 30.7% in 2023 to 26.9% in 2024, suggesting some pressure on net profitability despite revenue growth.

Balance Sheet

The company maintains a solid equity position, with an equity ratio of 6.8% in 2024, reflecting stability in its financial structure. The debt-to-equity ratio has improved significantly, reaching zero in 2024, which reduces financial risk. However, the return on equity decreased from 11.2% in 2023 to 9.2% in 2024, indicating a decline in how efficiently equity is being utilized to generate profit.

Cash Flow

Cash flow from operating activities has shown significant volatility, with a negative operating cash flow of -12.16 billion in 2024. Free cash flow has also been negative, which may impact the company's flexibility in capital allocation. The free cash flow to net income ratio is concerning, highlighting potential challenges in converting earnings into free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	10.97B	19.50B	8.78B	7.80B	7.64B	5.61B
Gross Profit	8.81B	8.88B	8.59B	7.80B	7.64B	5.61B
EBITDA	3.35B	3.58B	3.71B	2.55B	2.03B	655.00M
Net Income	2.31B	2.40B	2.70B	1.87B	1.23B	-45.00M
Balance Sheet
Total Assets	413.92B	385.05B	377.91B	379.58B	399.11B	395.62B
Cash, Cash Equivalents and Short-Term Investments	49.39B	45.63B	71.62B	62.60B	67.60B	61.67B
Total Debt	110.25B	97.17B	89.88B	91.41B	48.93B	54.19B
Total Liabilities	386.44B	358.94B	353.74B	356.77B	377.11B	374.63B
Stockholders Equity	27.48B	26.11B	24.17B	22.81B	21.99B	20.99B
Cash Flow
Free Cash Flow	0.00	-12.47B	-9.32B	-8.33B	9.40B	3.16B
Operating Cash Flow	0.00	-12.16B	-9.03B	-8.14B	9.60B	3.38B
Investing Cash Flow	0.00	-4.81B	-1.72B	-239.00M	3.86B	-2.48B
Financing Cash Flow	0.00	7.53B	3.22B	2.95B	-7.38B	-5.91B

ABN AMRO Group N.V. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 25.06
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NL:ABN, the sentiment is Neutral. The current price of 25.06 is below the 20-day moving average (MA) of 26.76, below the 50-day MA of 25.98, and above the 200-day MA of 21.07, indicating a neutral trend. The MACD of -0.06 indicates Positive momentum. The RSI at 36.91 is Neutral, neither overbought nor oversold. The STOCH value of 14.03 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for NL:ABN.

ABN AMRO Group N.V. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ABN	80 Outperform	€20.88B	9.21	10.16%	5.15%	-10.84%	-10.98%
INGA	69 Neutral	€61.06B	10.32	12.42%	5.96%	0.47%	-2.06%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
ASRNL	66 Neutral	€11.72B	10.86	12.65%	5.71%	16.35%	67.44%
NN	64 Neutral	€15.23B	12.59	6.47%	5.99%	-15.54%	10.53%
VLK	63 Neutral	€2.18B	17.25	10.57%	8.07%	24.42%	―
AGN	59 Neutral	€9.80B	7.55	14.93%	6.04%	-6.64%	―