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Dutch lender ABN Amro reported fourth-quarter net interest income slightly above expectations on Wednesday supported by high interest rates, and despite some margin pressure on mortgages and consumer loans.
The bank's net interest income, a key measure of earnings on loans minus deposit costs, fell to 1.50 billion euros ($1.61 billion) in the fourth quarter, compared to 1.56 billion euros a year earlier.
That was slightly above analysts' average forecast of 1.49 billion euros in a poll compiled by the company. ($1 = 0.9334 euros) (Reporting by Gaëlle Sheehan and Nathan Vifflin in Gdansk; editing by Milla Nissi)