ABN AMRO Bank (ABN) Investor presentation summary

Financial performance and profitability

• Net profit of €410m in Q4 2025, with full-year return on equity at 8.7%.

• Full-year net interest income (NII) reached €6.3bn, in line with guidance, supported by strong Treasury results and mortgage growth.

• Fee income rose 14% year-on-year, driven by Wealth Management and Corporate Banking.

• Operating expenses for 2025 were at the lower end of guidance at €5.4bn, reflecting ongoing cost savings and restructuring.

• Credit quality remained solid, with net impairment charges of €70m in Q4 and a cost of risk of 1bp for FY2025.

Commercial momentum and growth

• New mortgage production in Q4 was €2.5bn, maintaining a 21% market share.

• Client assets increased by approximately €7bn in Q4, with total client assets up 18% to €283bn at year-end.

• Client deposits grew by €8.3bn in Q4, mainly in Wealth Management and Personal & Business Banking.

• SME financing through New10 reached €1bn, supporting over 10,000 entrepreneurs.

Cost management and efficiency

• About 30% of planned FTE reductions for 2024–2028 were realized by year-end 2025, with 1,500 FTEs reduced in 2025.

• Cost savings of €160m achieved by YE2025, mainly from commercial optimization and IT streamlining.

• Underlying expenses increased 4% in Q4 due to non-recurring and seasonal costs.