ABN AMRO Q3 Net Profit Rises 52% to €940 Million
The bank reported basic and diluted earnings per share of €1.09, compared with €0.67, and net interest income of €1.82 billion, up 15% year on year.
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07:40:05 AM UTC
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ABN Amro Bank delivered a strong third quarter, Jefferies' Theo Massing and Joseph Dickerson say. The Dutch bank's pretax profit beat consensus forecasts by 17%, the analysts note, with a 2% beat on core net interest income as well as good cost control. ABN Amro's results also benefited from a sign…
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - ABN AMRO (ABN.AS) reported that its third quarter net profit increased by 52% year-on-year to 940 million euros. Basic and diluted earnings per share was 1.09 euros compared to 0.67 euros. Net interest income was 1.82 billion euros, up 15% from last year. Lookin…