02:32 AM EDT, 05/15/2026 (MT Newswires) -- RBC Capital Markets raised its price target and earnings forecasts for ABN Amro Bank (ABN.AS), saying the Dutch lender's steady strategic execution, rising profitability and "attractive yield"are expected to support a continued re-rating.

"The shares should move in a blue sky scenario from 0.9x BV to 1.2x 2028E BV as consensus ROE expectations move higher (2028E 13.2% RBC vs >12% target), as well as ABN's cost of equity comes down as earnings predictability increases. Our [price target] moved up as we give more credit for higher [net interest income], but our cost estimate in the later years was already close to the target,"the research firm said Thursday.

Analysts noted ABN Amro's commentary that the forward curve could boost full-year 2026 net interest income by almost 100 million euros, at least according to "conservative assumptions"on pass-through rates. Accordingly, RBC raised its 2026 commercial net interest forecast, excluding NIBC, to 6.5 billion euros, compared with management's guidance of 6.4 billion euros. The company is anticipated to update its targets during the second-quarter earnings report, when further visibility on the rates outlook is expected.

Following the bank's first-quarter results, the research firm increased its EPS and dividend per share assumptions for 2026 through 2028. RBC also raised the outperform-rated stock's price target to 37 euros from 36 euros.