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

• Market Cap: €21.46B
• Dividend Yield: 4.98%
• Average Volume (3M): 2.64M
• Price to Earnings (P/E): 9.5
• Beta (1Y): 0.89
• Revenue Growth: -10.84%
• EPS Growth: -10.98%
• Country: NL
• Employees: 21,976
• Sector: Financial
• Sector Strength: 72
• Industry: Banks - Diversified
• EPS (TTM): 0.67
• Shares Outstanding: 833,048,600
• 10 Day Avg. Volume: 3,518,331
• 30 Day Avg. Volume: 2,638,230
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: €26.41
• Price Target Upside: 1.97% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 9

• Rating: 80 Outperform
• Price Target: €29.00 ▲(11.97% 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, contributing to a strong gross profit margin. However, the decline in net profit margin and return on equity, coupled with volatile and 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	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	8.88B	8.78B	7.80B	7.64B	5.61B
Gross Profit	8.88B	8.59B	7.80B	7.64B	5.61B
EBITDA	3.43B	3.47B	2.55B	2.03B	655.00M
Net Income	2.40B	2.70B	1.87B	1.23B	-45.00M
Balance Sheet
Total Assets	385.05B	377.91B	379.58B	399.11B	395.62B
Cash, Cash Equivalents and Short-Term Investments	45.63B	71.62B	62.60B	67.60B	74.47B
Total Debt	81.16B	54.39B	63.96B	48.93B	54.19B
Total Liabilities	362.41B	353.74B	358.75B	377.11B	374.63B
Stockholders Equity	22.63B	24.17B	22.81B	21.99B	20.99B
Cash Flow
Free Cash Flow	-12.47B	-9.32B	-8.33B	9.40B	45.09B
Operating Cash Flow	-12.16B	-9.03B	-8.14B	9.60B	41.39B
Investing Cash Flow	-4.81B	-1.72B	-239.00M	3.86B	-2.48B
Financing Cash Flow	6.16B	3.22B	2.95B	-7.38B	-9.84B

ABN AMRO Group N.V. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 25.90
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NL:ABN, the sentiment is Positive. The current price of 25.9 is above the 20-day moving average (MA) of 24.69, above the 50-day MA of 23.71, and above the 200-day MA of 18.36, indicating a bullish trend. The MACD of 0.59 indicates Negative momentum. The RSI at 66.65 is Neutral, neither overbought nor oversold. The STOCH value of 84.93 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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	€21.46B	9.46	10.16%	4.98%	-10.84%	-10.98%
Sector *	68 Neutral	$17.53B	11.77	10.43%	3.83%	9.84%	1.31%
0Q0Y	―	€10.08B	15.43	9.26%	―	―	―
0RHS	―	€12.63B	14.57	11.73%	―	―	―
0RIC	―	€63.47B	10.71	12.42%	―	―	―
0QVV	―	€15.61B	12.93	6.47%	―	―	―
0O4B	―	€2.50B	18.84	10.90%	―	―	―