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Posted by
Two Blokes May 17 -
Filed in
Stock
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2 views
First quarter results saw Dutch bank ABN AMRO deliver a beat on the bottom line, powered by lower-than-expected credit charges. While provision-driven beats are often considered lower quality, these shares saw a nice boost post-results, with the market possibly impressed by stronger-than-expected capital levels. This augurs well for next quarter's update on share buybacks.
