Q1 2023 ABN Amro Bank NV Earnings Call Transcript
Hello, and welcome to the ABN AMRO Q1 2023 Analyst and Investor Call. My name is Laura, and I will be your coordinator for today's event. Please note, this call is being recorded. (Operator Instructions)
I will now hand you over to your host, Robert Swaak, Chief Executive Officer of ABN AMRO, to begin today's conference. Thank you.
Thank you, and good morning, everyone. Welcome to ABN AMRO's Q1 results. Today, I'm joined by Ferdinand Vaandrager, our Interim CFO; Tanja Cuppen, our CRO. I'll update you on the main topics for this quarter before we start the Q&A session.
So let me first take you through the highlights on Slide 2. We had a very good start to the year with a net profit of EUR 523 million and an ROE of almost 10%. Dutch economy remained resilient and business momentum was good for corporate lending.
Net interest income further increased, which was largely driven by improved deposit margins. Fees are resilient and underlying costs continued
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
