has said today that its wealth management arm logged €2.3 billion ($2.65 billion) of core net new assets in the second three months of 2026, showing that it was gaining business in segments such as entrepreneurs and business owners.
The banking group, which is listed and headquartered in the Netherlands, said that at group level, attributable profit in Q2 2026 rose 29 per cent year-on-year to €780 million. Operating income rose 13 per cent to €2.424 billion, and operating expenses dipped 1 per cent to €1.3 billion, it said in a statement.
In June, the bank completed the merger with Hauck Aufhäuser Lampe (HAL) and it will now shift towards integrating IT systems and achieving synergies from the deal, it said.
Return on average equity rose to 12.1 per cent in Q2 from 9.4 per cent a year earlier. The bank’s Common Equity Tier 1 ratio was 15.9 per cent at the end of June.
The number of full-time equivalent employees fell by 253 in the second quarter, mainly driven by a cut in internal FTEs. This means that the total reduction since the end of 2024 is at about 45 per cent of ABN AMRO’s 2028 target.
The bank said it has reduced its full-year 2026 cost guidance to €5.5 billion.
“We continued to integrate artificial intelligence (AI) into daily work across the bank, with almost 50 use cases in production,” Marguerite Bérard (pictured below), CEO, said. She added that the bank has introduced a GenAI knowledge assistant for know-your-client and anti-money laundering analysts.
Marguerite Bérard