ABN AMRO Bank announced a net profit of EUR 619 million in Q1 2025, demonstrating solid financial performance with a return on equity of approximately 10%. The bank experienced positive business momentum, highlighted by growth in its mortgage portfolio by EUR 1.7 billion and an increase in corporate loans by EUR 0.9 billion.

Despite the impact of lower short-term interest rates, ABN AMRO maintained resilient net interest income. The bank also reported continued fee growth, with an 8% increase compared to Q1 2024, driven by contributions from all client units. Cost discipline was evident as underlying costs decreased by 5% compared to Q4 2024. The guidance for the full year 2025 remains unchanged.

ABN AMRO demonstrated solid credit quality, with impairments of EUR 5 million, reflecting net additions for individual files offset by model-related releases. The bank's capital position is strong, with a Basel IV CET1 ratio of 14.7%. A Capital Markets Day is scheduled for November.

Marguerite Bérard, the new CEO of ABN AMRO, expressed her commitment to leading a strategic review of the bank's activities. Her priorities include enhancing profitability, optimizing the capital position, right-sizing the cost base, and achieving meaningful growth. The outcome of this review will be presented at the Capital Markets Day in November.

The Dutch economy's resilience, marked by GDP growth above the Eurozone average, low unemployment, and good housing market performance, provides a robust foundation for ABN AMRO. The bank's Q1 2025 results reflect its strategic focus on key growth areas, credit quality, and adaptability to changing market conditions.

The bank's strong capital position allows for continued investment in strategic priorities while maintaining financial stability. Efforts to improve customer experience have resulted in an increased Net Promoter Score for Personal & Business Banking. Clients have praised the bank's efficient customer services, proactive contact, and convenient digital services.

ABN AMRO is dedicated to sustainability and launched the Green Building Tool to assist commercial real estate clients in saving energy and improving their energy labels. The bank aims to support clients in their transition to a low-carbon future by providing financing and expertise, including a recent agreement with the EIB Group to support Dutch SMEs with favorable financing conditions.