NatWest Group plc (LON: NWG)

London flag London · Delayed Price · Currency is GBP · Price in GBX
336.40
+0.90 (0.27%)
Jul 22, 2024, 10:45 AM GMT
28.45%
Market Cap 27.83B
Revenue (ttm) 13.75B
Net Income (ttm) 4.03B
Shares Out 8.30B
EPS (ttm) 0.45
PE Ratio 7.22
Forward PE 7.80
Dividend 0.17 (5.07%)
Ex-Dividend Date Mar 14, 2024
Volume 1,708,342
Open 337.20
Previous Close 335.50
Day's Range n/a
52-Week Range 168.00 - 338.50
Beta 1.31
Analysts n/a
Price Target n/a
Earnings Date Jul 26, 2024

About NatWest Group

NatWest Group plc, together with its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers in the United Kingdom and internationally. It operates through Retail Banking, Private Banking, and Commercial & Institutional segments. The Retail Banking segment offers a range of banking products and related financial services, such as current accounts, mortgages, personal unsecured lending, and personal deposits, as well as mobile and online banking services. The Private Bank... [Read more]

Sector Financials
Founded 1727
Employees 61,253
Stock Exchange London Stock Exchange
Ticker Symbol NWG
Full Company Profile

Financial Performance

In 2023, NatWest Group's revenue was 14.17 billion, an increase of 9.18% compared to the previous year's 12.98 billion. Earnings were 4.39 billion, an increase of 31.56%.

Financial Statements

News

Top British banks set to reveal lower earnings amid mortgage price war

UK banking giants Lloyds and NatWest will report their half-year results on Thursday and Friday respectively.

2 days ago - Evening Standard

NatWest makes banking app available on Apple’s Vision Pro headset

Personal banking customers of NatWest and its sister brands, Royal Bank of Scotland and Ulster Bank, will be able to use the technology.

3 days ago - Evening Standard

What Ganguly learnt from Sehwag about leadership with NatWest win

On July 13, 2002, Ganguly's team chased 326 at Lord's, winning the NatWest Trophy with 3 balls left. An initial 106-run stand by Sehwag and Ganguly, followed by Yuvraj and Kaif's 121-run partnership f...

4 days ago - The Times of India

Government cuts NatWest stake below 20% after latest share sale

Bailouts during the financial crisis left the Government with an 84% stake in the bank, but it has been selling that down in recent years.

6 days ago - Evening Standard

Government shareholding in Britain's NatWest falls below 20%

The British government's stake in NatWest fell below 20% on Monday, the bank said, moving the lender closer to full private ownership after its state bailout in the 2008 financial crisis.

6 days ago - Reuters

UK Cuts Stake in NatWest to Below 20%, Hastening Exit From Bank

The UK government continues to hasten its exit from NatWest Group Plc and will no longer be considered a related party to the lender it rescued during the financial crisis after recently disposing of ...

6 days ago - BNN Bloomberg

Homesafe lands with local asset manager after Bendigo exit

Federation’s Neil Brown has form in the sector, having bought the Royal Bank of Scotland’s reverse mortgage business while at Macquarie.

8 days ago - The Australian Financial Review

The Fed can't wait for inflation to get to 2% to start cutting, says NatWest's Michelle Girard

Michelle Girard, NatWest head of U.S. coverage and CEO of NatWest Markets, joins 'Squawk Box' to discuss the latest market trends, what to expect from this morning's June CPI report, the Fed's rate pa...

10 days ago - CNBC Television

e-FX awards 2024: The winners

JP Morgan takes home a record five wins, while BNP, DB and NatWest have two each

11 days ago - FX Markets

UKs Labour government likely to stall NatWest retail shares sale

A proposed retail offering of government-held shares in NatWest Group is looking less likely following the change of power in Britain.

13 days ago - Independent Ireland

Icon Solutions Welcomes NatWest Executives to its Board of Directors, Accelerating the Expansion of IPF

LONDON--(BUSINESS WIRE)--Icon Solutions today announces it has strengthened and expanded its strategic partnership with NatWest with the appointment of Ian Povey, CIO Payments Technology, and Lee McNa...

13 days ago - Business Wire

Major mortgage lenders chopping rates as competition heats up

Halifax, HSBC UK, Barclays, Santander and NatWest are among those to have made rate cuts this week, or outlined plans to do so.

17 days ago - Evening Standard

Government sale of NatWest stake to hit fresh milestone

The government’s sale of its stake in NatWest Group will reach a new milestone in the coming days when it falls below the threshold at which the Treasury is treated as a related party under stock exch...

24 days ago - Sky News

Ad campaign with Trevor McDonald was filmed for shelved NatWest shares sale

Exclusive: Saatchi ‘Tell Sid’-style marketing blitz was planned before Rishi Sunak called general election A “Tell Sid”-style ad campaign featuring Sir Trevor McDonald was filmed to promote the govern...

24 days ago - The Guardian

SoftBank-Backed Fintech Giant Revolut Eyes Valuation Of Over $40B In Employee Share Sale: Report

In a move that could solidify its status as Europe’s most valuable startup, Revolut , a UK-based fintech major, is reportedly eyeing a valuation of over $40 billion in an employee share sale. What Hap...

4 weeks ago - Benzinga

UK retailer Sainsbury’s to offload banking business to NatWest

The second biggest supermarket chain in the UK is selling its banking arm to focus on its core food business.

4 weeks ago - Euronews

NatWest Expands Retail Banking with £2.5 Billion Sainsbury's Acquisition

NatWest Group, one of the largest banks in the U.K., has announced its acquisition of the banking business of Sainsbury's, the second-largest grocer in the country. The deal, worth £2.5 billion ($3.2 ...

4 weeks ago - PYMNTS

NatWest acquires Sainsbury's Bank retail assets in £2.5 billion deal

National Westminster Bank Group (NatWest) announced on Thursday its decision to acquire Sainsbury's Bank's retail banking assets, a deal valued at approximately £2.5 billion. This significant acquisit...

4 weeks ago - Invezz

NatWest buys Sainsbury's banking arm, adding £2.5B asset base

NatWest (NWG) to acquire Sainsbury's banking division, adding £2.5B gross assets and 1M customer accounts.

4 weeks ago - Seeking Alpha

NatWest to buy most of Sainsbury’s Bank

Deal comes after retailer’s strategic review concluded banking operations could distract from core grocery arm Business live – latest updates NatWest has struck a deal to buy most of Sainsbury’s banki...

4 weeks ago - The Guardian

NatWest swoops on retailer Sainsbury's banking business

NatWest has struck a deal to acquire most of the banking business of Sainsbury's in a deal that would increase the British lender's assets by $3.2 billion.

4 weeks ago - CNBC

Sainsbury’s offloads most of its banking arm to NatWest

The deal will see NatWest take on £1.4 billion of unsecured personal loans, £1.1 billion of credit card balances and about £2.6 billion.

4 weeks ago - Evening Standard

NatWest to buy Sainsbury's banking arm

The supermarket chain is withdrawing from retail banking to focus on its food business.

4 weeks ago - BBC

Sainsbury's Offloads Bank Assets to NatWest

Sainsbury’s is selling its core banking business to NatWest for an undisclosed sum, and will return £250 million of excess capital to shareholders.

4 weeks ago - The Wall Street Journal

Sainsbury's sells banking arm to NatWest

Sainsbury's has struck a deal to sell its banking business to NatWest.

4 weeks ago - Sky News