February 13, 2019 / 6:14 AM / 3 months ago

ABN Amro Q4 net profit drops 42 pct, missing estimates

AMSTERDAM, Feb 13 (Reuters) - Dutch bank ABN Amro on Wednesday missed analysts’ expectations with a 42 percent fall in fourth-quarter net profit as loan impairments increased.

Net profit was 316 million euros ($358.2 million), compared with 542 million euros profit a year earlier, and an average expectations of 446 million euros in a Reuters poll of analysts. ($1 = 0.8821 euros) (Reporting by Bart Meijer; Editing by Subhranshu Sahu)

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