ABN AMRO Bank (OTCMKTS:AAVMY – Get Free Report) announced its earnings results on Monday. The company reported $999.00 earnings per share (EPS) for the quarter, Zacks reports.
ABN AMRO Bank Stock Performance
AAVMY traded up $0.84 on Monday, reaching $40.92. 6,133 shares of the company’s stock were exchanged, compared to its average volume of 19,393. ABN AMRO Bank has a twelve month low of $26.04 and a twelve month high of $40.93. The stock’s fifty day moving average price is $36.48 and its 200-day moving average price is $35.02.
Wall Street Analysts Forecast Growth
Several brokerages have recently issued reports on AAVMY. Citigroup restated a “buy” rating on shares of ABN AMRO Bank in a research note on Monday, May 18th. Morgan Stanley restated an “overweight” rating on shares of ABN AMRO Bank in a research note on Thursday, May 14th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of ABN AMRO Bank in a research note on Wednesday, February 18th. ABN Amro upgraded shares of ABN AMRO Bank from a “neutral” rating to a “buy” rating in a research note on Tuesday, June 2nd. Finally, Zacks Research upgraded shares of ABN AMRO Bank to a “hold” rating in a research note on Friday, April 24th. Seven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.
ABN AMRO Bank Company Profile
ABN AMRO Bank N.V. is a leading Dutch banking institution headquartered in Amsterdam. The bank traces its origins to the 1991 merger of Algemene Bank Nederland and AMRO Bank, forming one of the Netherlands’ largest financial services providers. Over the decades, ABN AMRO has developed a comprehensive portfolio of banking and financial solutions, positioning itself as a key player in both domestic and international markets.
The bank operates across several core segments, including retail banking, private banking, commercial banking, and corporate & institutional banking.
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