Feb 14 (Reuters) – Dutch bank ABN Amro reported fourth-quarter net interest income slightly above expectations on Wednesday, thanks to high interest rates and despite some pressure on mortgage margins and consumption.
The bank’s net interest income fell to 1.5 billion euros in the fourth quarter, from 1.56 billion euros a year earlier.
This figure is slightly higher than analysts’ consensus of 1.49 billion euros, according to a survey compiled by the company. (Written by Gaëlle Sheehan and Nathan Vifflin in Gdansk, French version Corentin Chappron, edited by Kate Entringer)
©2024 Thomson Reuters, all rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. “Reuters” and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.