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ABN AMRO Boosts Guidance Amid Profit Surge

Wall Street Journal US Business •
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ABN AMRO Bank announced a strong second‑quarter performance, lifting its full‑year interest‑income guidance while trimming its cost outlook. The Amsterdam‑listed lender reported a net profit of 781 million euros, up from 606 million euros a year earlier, beating the consensus estimate of 686 million euros.

Operating income rose 13% to 2.42 billion euros, surpassing analysts’ forecast of 2.33 billion euros. Net interest income climbed 11% to 1.7 billion euros, and fee‑and‑commission revenue surged 25% to 617 million euros, reflecting robust fee growth.

The contact indicates that the bank’s fee‑growth momentum has driven profitability gains, allowing it to raise its forecast for the full year. Lowered cost expectations suggest improved operational efficiency and stronger margin protection.

Investors and market watchers will monitor how ABN AMRO leverages its fee‑income and interest‑rate environment to sustain growth in the coming quarters, as the bank continues to refine its financial outlook in a shifting market.