NatWest Group plc (LON: NWG)

London flag London · Delayed Price · Currency is GBP · Price in GBX
314.80
-5.70 (-1.78%)
Jun 21, 2024, 6:51 PM GMT
35.11%
Market Cap 26.17B
Revenue (ttm) 21.43B
Net Income (ttm) 4.27B
Shares Out 8.32B
EPS (ttm) 0.45
PE Ratio 6.84
Forward PE 7.39
Dividend 0.17 (5.40%)
Ex-Dividend Date Mar 14, 2024
Volume 134,567,755
Open 320.60
Previous Close 320.50
Day's Range n/a
52-Week Range 168.00 - 329.80
Beta 1.30
Analysts n/a
Price Target 338.33 (+7.47%)
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
Country United Kingdom
Stock Exchange London Stock Exchange
Ticker Symbol NWG
Full Company Profile

Financial Performance

In 2023, NatWest Group's revenue was 25.47 billion, an increase of 93.62% compared to the previous year's 13.16 billion. Earnings were 4.64 billion, an increase of 29.17%.

Financial Statements

News

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...

2 days 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.

3 days 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 ...

3 days 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...

3 days 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.

3 days 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...

3 days 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.

3 days 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.

3 days ago - Evening Standard

NatWest to buy Sainsbury's banking arm

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

3 days 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.

3 days 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.

3 days ago - Sky News

UK supermarket Sainsbury's to sell banking unit to Natwest

British supermarket Sainsbury's said on Thursday it had agreed to sell most of its banking unit to Natwest and expected the sale to complete in the first half of next year.

3 days ago - Reuters

Three Quick Facts: NatWest, YouGov, Time Out

Tony Cross picks three things to know about the markets, featuring NatWest, YouGov, Time Out

3 days ago - The Armchair Trader

NatWest to layoff 1,600 staff as it plans Polish operations closure in 2025

NatWest Group plc has announced its decision to shut down its operations in Poland, a move set to begin in 2025. This closure will affect approximately 1,600 employees, most of whom work in the bank's...

4 days ago - Invezz

British bank NatWest to close Polish business, cutting 1,600 staff

NatWest will close its business in Poland by the end of 2025, the British bank said on Wednesday, as it consolidates its financial crime operations into two remaining hubs in Britain and India.

4 days ago - Reuters

Bristow Enters into Government-Backed Equipment Financing for up to €100 Million

HOUSTON , June 12, 2024 /PRNewswire/ -- Bristow Group Inc. (NYSE: VTOL) announced today that Bristow Leasing Limited, a UK subsidiary, has entered into a new Export Development Guarantee term-loan fa...

11 days ago - Benzinga

NatWest’s virtual ‘assistant’ handling double the number of customer queries

The UK banking giant is piloting a new version of its chatbot, dubbed Cora+, from Monday.

14 days ago - Evening Standard

Expect the economy to stagnate over the second half of 2024, 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 the May jobs reports, impact on the Fed's rate de...

16 days ago - CNBC Television

NatWest share price has retreated: buy the dip or sell the rip?

NatWest (LON: NWG) share price has wavered in the past few weeks as investors focus on the upcoming actions of the Bank of England (BoE). The stock was trading at 313p on Friday, a few points below th...

16 days ago - Invezz

NatWest boss sets out plans to drive more automation across bank

Chief executive Paul Thwaite spoke about plans to simplify how the business was run and reduce costs.

17 days ago - Evening Standard

‘Super-ATM’ multi-bank deposit service being trialled

The machines will offer free cash deposits to Bank of Scotland, Barclays, Halifax, Lloyds, NatWest, Royal Bank of Scotland and Ulster Bank customers.

19 days ago - Evening Standard

The UK government shrinks its ownership of NatWest again but is likely to remain a shareholder for years

Life comes at you fast if you are the person responsible for maintaining the shareholder register at NatWest.

23 days ago - Sky News

Regulators urged to launch probe into greenwashing by UK’s major banks

Campaigners said financial watchdogs should review sustainability claims and communications at Barclays, HSBC, Santander, Natwest and Lloyds.

23 days ago - Evening Standard

Taxpayer stake in NatWest falls as retail share sale is delayed

NatWest has purchased 1.24 billion of shares back from the Treasury as the general election has stalled plans for a retail offering. Here is how you can still buy NatWest shares

23 days ago - MoneyWeek

Britain cuts stake in NatWest via 1.24 billion share sale

The British government has sold 1.24 billion pounds ($1.58 billion) worth of shares in NatWest Group back to the lender, it said on Friday, decreasing its stake to about 22.5% from nearly 26% previous...

23 days ago - CNBC