NatWest Group plc (NWG)
| Market Cap | 33.35B |
| Revenue (ttm) | 18.40B |
| Net Income (ttm) | 4.86B |
| Shares Out | 4.03B |
| EPS (ttm) | -0.04 |
| PE Ratio | 6.89 |
| Forward PE | 7.41 |
| Dividend | $0.57 (6.87%) |
| Ex-Dividend Date | Mar 14, 2024 |
| Volume | 2,889,593 |
| Open | 8.18 |
| Previous Close | 8.13 |
| Day's Range | 8.16 - 8.28 |
| 52-Week Range | 4.30 - 8.48 |
| Beta | 1.30 |
| Analysts | Sell |
| Price Target | n/a |
| Earnings Date | Jul 26, 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 14.75 billion, an increase of 12.13% compared to the previous year's 13.16 billion. Earnings were 4.15 billion, an increase of 34.33%.
Financial numbers in GBP Financial StatementsNews
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.
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...
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.
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...
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...
Britain cuts stake in NatWest via 1.24 bln pounds 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...
UK finance ministry respecting "due process" on NatWest share sale
Britain's finance ministry said it was "working through internal due process" when asked to clarify the possible impact of a July 4 election on the government's proposed retail offer in NatWest , a sp...
Natwest shares dip as UK looks set to scrap public sale
Shares in Natwest fell slightly in early London trading on Thursday, after Reuters reported that Britain was poised to scrap a milestone sale of the bank's shares to the general public as PM Minister ...
Britain set to scrap NatWest share sale amid surprise election, sources say
Britain is poised to scrap a milestone sale of shares in NatWest Group to the general public, three sources familiar with the matter said on Wednesday, hours after Prime Minister Rishi Sunak called th...
NatWest share price is booming: will the BoE stop the party?
NatWest (LON: NWG) share price is in an unstoppable bull run. It has surged by over 40% this year, making it the best performer in the FTSE index.
Focus: Britain's NatWest share sale to test UK equity market upswing
Britain's plans to sell shares in NatWest bank to the public this summer will be a test of a long-awaited upswing in the UK stock market that saw the FTSE-100 hit a record high this week - months afte...
NatWest's Share Price Rises 3% As Q1 Results Top Estimates
Shares in NatWest Group NatWest Group rose on Friday as results for the first few months of 2024 beat City forecasts.
NatWest Backs Guidance After First Quarter Tops Hopes
NatWest kept its 2024 guidance unchanged as its first-quarter income and profit fell slightly less than expected.
NatWest first-quarter profit slides 27%
NatWest's first-quarter profit fell by a less than expected 27%, it said on Friday, hit by a hiatus in rising central bank interest rates that drove mortgage market competition and squeezed margins ac...
NatWest CEO sees 'material opportunities' in AI
Britain's NatWest has identified more than 100 priority areas where Artificial Intelligence (AI) can be used to simplify the bank and boost efficiency following a bank-wide review, Chief Executive Pau...
Norway wealth fund backs NatWest plan to buy more state-owned stock
Norway's $1.6 trillion sovereign wealth fund, one of the world's largest investors, said on Thursday it would vote in favour of a proposal letting NatWest buy back more of its stock from the British g...
European bank stocks are a better bet than U.S. peers, says JPMorgan
Investors should consider buying European bank stocks ahead of their U.S. counterparts, according to analysts at JPMorgan.
The Fed will base their decisions on 'actual' progress toward inflation: NatWest's Michelle Girard
Michelle Girard, NatWest Markets head of U.S., joins 'Squawk Box' to discuss the state of the economy, the Fed's inflation fight, what to expect in the March jobs report, interest rate outlook, and mo...
British government no longer Natwest's controlling shareholder
The UK government is no longer the controling shareholder in Natwest and has reduced its stake in the lender to below 30%, the finance ministry said on Monday.
Here's why the Lloyds, NatWest, and HSBC share prices are surging
British banks are roaring in 2023. Lloyds Bank(LON: LLOY) share price surged to 52.58p on Friday, 28% above its lowest level since February this year.
NatWest seeks approval to buy more taxpayer-owned stock to speed up privatisation
NatWest said on Monday it would seek shareholder approval to buy back up to 15% of its stock owned by the UK government, as part of efforts to speed up privatisation of the lender bailed out at the he...
Britain proposes 'debanking' law after NatWest debacle
Britain proposed a draft law on Thursday that will compel banks to give customers three months' notice and an explanation before closing their accounts, after former Brexit Party leader Nigel Farage s...
NatWest Invests in Icon Solutions Reinforcing Commitment to Payments Modernisation
LONDON--(BUSINESS WIRE)--NatWest has announced a strategic minority investment in Icon Solutions, a leading fintech provider of payments technology and consultancy services.