NatWest Group plc (NWG)
| Market Cap | 40.30B |
| Revenue (ttm) | 18.75B |
| Net Income (ttm) | 6.03B |
| Shares Out | 8.29B |
| EPS (ttm) | 0.70 |
| PE Ratio | 6.68 |
| Forward PE | 7.19 |
| Dividend | $0.58 (5.72%) |
| Ex-Dividend Date | Aug 9, 2024 |
| Volume | 2,555,116 |
| Open | 10.12 |
| Previous Close | 10.05 |
| Day's Range | 10.04 - 10.21 |
| 52-Week Range | 5.10 - 10.32 |
| Beta | 1.24 |
| Analysts | Strong Buy |
| Price Target | n/a |
| Earnings Date | Oct 25, 2024 |
About NWG
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]
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 numbers in GBP Financial StatementsNews
U.K. government cuts NatWest stake by £1 billion
The British government on Monday said it further trimmed its crisis-era investment in U.K. bank NatWest.
NatWest buys back 1 billion pounds of its shares, accelerating full privatisation
NatWest has bought back 1 billion pounds ($1.29 billion) worth of its own shares from Britain's government, the bank said on Monday, as it continues its exit from state ownership following its bailout...
The economic data this week were all surprising to the upside, says NatWest's Michelle Girard
Michelle Girard, NatWest head of U.S. coverage and CEO of NatWest Markets Securities, joins 'Squawk Box' to preview the October jobs report, state of the economy, impact of the 2024 election, and more...
NatWest Group: Strong Q3 Earnings And An Improved Outlook (Rating Upgrade)
NatWest Group plc has been a strong performer this year, returning around 80% including dividends. Third-quarter results were strong, with the bank beating consensus on most key lines. Structural hedg...
NatWest Group plc (NWG) Q3 2024 Earnings Call Transcript
NatWest Group plc (NYSE:NWG) Q3 2024 Earnings Conference Call October 25, 2024 4:00 AM ET Company Participants Paul Thwaite - Group Chief Executive Officer Katie Murray - Group Chief Financial Office...
NatWest Lifts Guidance Again After Quarterly Profit Beat
The U.K. high-street bank raised its revenue and profit outlook for the second time this year after its third-quarter results topped market expectations, lifting shares to an over 13-year high.
NatWest third quarter profit rises 25%
NatWest reported a 25% rise in third quarter profit after a better than expected performance against intense competition in the mortgage market and falling interest rates that are squeezing lending ma...
NatWest share price has double-topped ahead of earnings
NatWest (NWG) share price has done well this year as the UK economy has remained more resilient than expected. It jumped to the year-to-date high of 365.2p in July, and then retreated to 303p as the J...
NatWest Q3 2024 Earnings Preview: Positive Performance Trend May Continue
NatWest is expected to report resilient Q3 2024 earnings, continuing its positive trend, supported by stable net interest margin and lower government ownership. The bank's net interest income and marg...
UK's NatWest investigating payment issues on app
British lender NatWest Group is investigating some issues with payment on its banking app, it said on social media platform X in response to some customer complaints.
Tesco, NatWest, Lloyds Bank stocks: how to bet on Britain
The British economy is doing relatively well, helped by a combination of falling inflation, strong manufacturing and services sector, and a healthy job market. The most recent data showed that the eco...
Texas adds NatWest to energy "boycott" list
Texas' comptroller has added NatWest to a list of firms that "boycott" energy companies, potentially restricting the bank's business with state agencies.
Focus: NatWest to tap investors to shed loan risk and protect dividends, executives say
NatWest wants to bolster its lending firepower. To do so it plans to cut deals with investors to offload some of its loan risk, to make its capital go further and preserve dividends, executives told R...
NatWest: Another Exceptional Quarter
Shares of NatWest have continued their strong run, outperforming the wider European financials space by around 17 points since my last piece back in May. The second quarter's results were impressive. ...
UK's Reeves scraps plan for Natwest public share sale as too costly
Britain's new finance minister Rachel Reeves said on Monday she had scrapped the previous government's plan to sell shares in Natwest Group to the general public as it would be too costly for the taxp...
NatWest Group PLC (NWG) Q2 2024 Earnings Call Transcript
NatWest Group PLC (NYSE:NWG) Q2 2024 Results Conference Call July 26, 2024 4:00 AM ET Company Participants Paul Thwaite - Chief Executive Officer Katie Murray - Chief Financial Officer Conference Cal...
NatWest first-half profit down 16% as mortgage competition bites
NatWest's first-half pretax operating profit fell by a less than expected 16% to 3 billion pounds ($3.86 billion), it said on Friday, with margins hit by mortgage market competition and savers shiftin...
Metro Bank to sell residential mortgages portfolio to NatWest for $3 bln
Britain's Metro Bank said on Friday it would sell its portfolio of prime residential mortgages to NatWest Group for up to 2.4 billion pounds ($3.09 billion) in cash.
NatWest share price forecast after Lloyds Bank earnings
NatWest (LON: NWG) share price has done well this year, making it one of the best performers in the FTSE 100 index. It has risen by over 50%, beating the likes of Lloyds Bank, HSBC, and Barclays Banks...
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.
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...
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...
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 ...
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...
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.