ABN Amro Reports 1Q 2019 Results: FVE Maintained
ABN Amro reported first-quarter results of EUR 478 million, down 20% from the same period a year prior, as lower operating expenses as well as lower impairment charges could not offset weaker income generation. Net interest income declined 6% year over year on the back of continued deposit margin compression and a mix of volume and margin developments in the corporate, residential mortgage, and customer loan operations, which in sum were a negative this quarter. The group’s net interest margin f...ABN Amro Bank NV is a bank based in the Netherlands. The Bank provides various financial products and services across a variety of channels, including its Mobile Banking app and Internet Banking. The Bank's product portfolio includes insurances, mortgages, savings, investments, loans and payments, among others. The Bank serves retail, private and corporate clients worldwide.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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