EarningsQ2 2026 Earnings Report
DE:AB2A Q2 2026 EPS Results
Actual EPS€0.92
Consensus EPS€0.81
Beat/MissBeat by +€0.12
One Year Ago EPS€0.69
DE:AB2A Q2 2026 Revenue Results
Actual Revenue€4.88B
Expected Revenue€2.37B
Beat/MissBeat by +€2.50B
YoY Revenue Growth+13.56%
Earnings Announcement Details
QuarterQ2 2026
Date08/12/2026
TimeBefore Open
Conference CallWednesday, August 12, 2026
DE:AB2A Upcoming Earnings
ABN AMRO Bank's next earnings date is estimated for November 11, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
DE:AB2A Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a predominantly positive operational and financial performance: materially higher net profit, improved ROE, raised commercial NII guidance, record fees, client asset and deposit growth, cost discipline ahead of plan and a strong pro forma CET1 ratio. Challenges and risks were acknowledged — near-term CET1 dilution from NIBC consolidation, mortgage margin pressure, a decline in Stage 3 coverage, volatility in other commercial NII, and cost/CLA uncertainty — but these appear manageable within the bank's strategic plan and capital buffer. On balance, the positive developments and upgraded guidance outweigh the lowlights.Company Guidance
Strong Net Profit and Improved Returns
Net profit increased almost 30% year-on-year to EUR 781 million; return on equity improved to 12.1%; year-to-date pro forma ROE 10.9%.
Raised Commercial NII Guidance
Full-year commercial net interest income guidance increased to around EUR 6.8 billion (now including NIBC); commercial NII rose 5% quarter-on-quarter.
Record Fees and Higher Operating Income
Fee income reached a record level, up 2% quarter-on-quarter; other income improved strongly to EUR 106 million; operating income rose 6% quarter-on-quarter.
Strong Client Asset and Deposit Growth
Total client assets grew by just over EUR 25 billion in Q2; Wealth Management client assets up more than 7% in the quarter with EUR 2.3 billion of core net new assets; client deposits increased by over EUR 5 billion and P&BB deposits grew >4.5%.
Capital and RWA Optimization Progress
Pro forma CET1 ratio strengthened to 15.9% (reported CET1 stable at 15.3%); realized approximately EUR 9 billion of RWA optimization in total, including about EUR 2 billion this quarter; Corporate Banking contributed ~EUR 6 billion and achieved >60% of its strategic RWA reduction ambition.
Cost Discipline and Early Savings Realized
Lowered full-year '26 headline cost guidance to around EUR 5.5 billion (including NIBC); FTEs declined ~250 in Q2 and cumulative FTE reductions are ahead of schedule at 45% of the 2028 target; ~EUR 300 million of EUR 900 million savings target realized to date (~33%).
Low Impairments and Solid Credit Metrics
Impairments low at EUR 24 million; cost of risk 4 basis points; Stage 3 ratio stable at 2.1%; backtest showed coverage remained consistently above historical write-offs.
Strategic M&A and Technology Momentum
Completed NIBC acquisition (adds capabilities and growth in deposits/mortgages); legal merger of HAL completed with technical IT integration planned in Q4; ~50 GenAI use cases in production (voicebot, KYC/AML assistant) and announced partnership with Mistral.
DE:AB2A Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed