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ABN AMRO Bank N.V.

ABN AMRO Bank N.V.

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Publicatie datum 11 mei 2016 - 06:33
Statutaire naam ABN AMRO Bank N.V.
Titel ABN AMRO reports EUR 475 million net profit for Q1 2016
Bericht ABN AMRO reports EUR 475 million net profit for Q1 2016 • Net profit for Q1 2016 of EUR 475 million was 13% lower compared with Q1 2015 • Net interest income remained robust; fees and commissions and other operating income were negatively impacted by volatile markets • Costs increased due to EUR 98 million regulatory levies (nil in Q1 2015), also resulting in a considerable drop in the operating result • Loan impairments were almost nil (EUR 252 million in Q1 2015), benefiting from improvements in the Dutch economy • ROE was 11.1% for Q1 2016 and the cost/income ratio was 66.9% • Fully-loaded CET1 ratio increased to 15.8% and the fully-loaded leverage ratio was 3.7%