Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.

ABN Amro tops estimates with modest second-quarter profit rise

ABN Amro tops estimates with modest second-quarter profit rise
FILE PHOTO: ABN AMRO logo is seen at the headquarters in Amsterdam, Netherlands May 14, 2019. REUTERS/Piroschka van de Wouw -
Euronews logo
Text size Aa Aa

AMSTERDAM (Reuters) – Dutch bank ABN Amro <ABNd.AS> on Wednesday reported an unexpected 1% rise in second-quarter net profit to 693 million euros (638 million pounds), as interest income rose and impairments on bad loans decreased.

Analysts on average had predicted net earnings of 638 million euros in a company-compiled poll, after the lender posted net earnings of 688 million euros a year earlier.

(Reporting by Bart Meijer, Editing by Sherry Jacob-Phillips)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on for a limited time.