ABN AMRO Bank NV (OTCPK:ABMRF)
$ 17.06208 -0.437921 (-2.5%) Market Cap: 14.21 Bil Enterprise Value: 32.54 Bil PE Ratio: 5.29 PB Ratio: 0.59 GF Score: 62/100

Q4 2023 ABN Amro Bank NV Earnings Call Transcript

Feb 14, 2024 / 08:00AM GMT
Release Date Price: $14.93 (+5.51%)
Operator

Hello, and welcome to the ABN AMRO Q4 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, the CEO, to begin today's conference. Thank you.

Robert A.J. Swaak
ABN AMRO Bank N.V. - CEO & Chairman of Executive Board

Thank you. Good morning, and welcome to ABN AMRO's Q4 results. As always, I'm joined by Ferdinand Vaandrager and Tanja Cuppen. Tanja will step down in April, and thus therefore, this will be her last analyst call. Ferdinand will present the quarterly results before I will address the updated financial targets and capital framework in our financial update. And as usual, we will be happy to take the Q&A at the end.

So let me summarize the key messages on Q4 and the financial update on Slide 2 before I hand over to Ferdinand.

Our fourth quarter net profit reflects another quarter of high net interest income and impairment releases. We made a profit of EUR 545

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