KBC Securities - Spotlight on NII Provisions:Dutch banks Q1 wrap-up

Report

KBC Securities

Thomas Couvreur

Spotlight on NII & Provisions:Dutch banks Q1 wrap-up

Both ABN Amro & ING surprised this quarter with very strong net interest income and a low level of loan provisions, both beating consensus significantly. This triggered us to adjust our estimates and target prices upward for both companies. In this report we delve deeper into both topics, providing details on our reasoning and FY23 estimates.

17/05/2023 1 EN

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KBC Securities

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Analysts

Thomas Couvreur

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Spotlight on NII & Provisions:Dutch banks Q1 wrap-up

We are a financial services provider for several types of professional clients, each with distinct needs.

Aedifica Feedback analyst call

Morning Notes : AED BB, OPTI BB, HOMI BB, KIN BB, MONT BB

Montea Good things come to those who wait (for the big boxes)

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