Earnings

ABN Amro surprises with 63 percent jump in Q4 profit

Return on equity is strong this year, says ABN AMRO CFO
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Return on equity is strong this year, says ABN AMRO CFO

Dutch bank ABN Amro beat analyst expectations on Wednesday with a 63 percent rise in fourth-quarter net profit at 542 million euros ($671.4 million), helped by a strong Dutch economy.

Analysts polled by Reuters had on average expected a profit of 480 million euros, after the bank made 333 million euros in the same period a year earlier.