ABN AMRO delivered a second-quarter net profit of €781 million, a 29% jump from the same period a year earlier, while return on equity improved to 12.1% from 9.4%. The Dutch bank also raised its full-year commercial net interest income target and lowered its cost forecast, signaling that management sees the earnings momentum carrying through the rest of 2026.
The profit beat was built on broad-based business strength. Net interest income rose 11%, supported by growth in both lending and deposits. Fee income climbed sharply, reflecting higher client assets and continued strong performance in the clearing business. Cost discipline remained tight, and credit quality stayed robust, with a cost of risk of just 4 basis points.
Capital generation also strengthened. The CET1 ratio improved to 15.9%, helped by growth in capital-light activities. An interim dividend of €0.68 per share was declared, returning capital directly to shareholders.
CEO Marguerite Bérard described the quarter as another strong one, citing continued client demand and high fees. She noted further progress on cost efficiency and portfolio optimisation. The bank’s outlook commentary acknowledged a resilient Dutch economy, though it flagged elevated inflation and geopolitical uncertainty. The ECB raised its deposit rate by 25 basis points in June, and ABN AMRO expects another hike in September.