NatWest Group PLC (NWG)

NYSE: NWG · IEX Real-Time Price · USD
5.57
+0.08 (1.46%)
At close: Jun 24, 2022 4:00 PM
5.78
+0.21 (3.77%)
After-hours: Jun 24, 2022 7:38 PM EDT
1.46%
Market Cap 29.13B
Revenue (ttm) 11.02B
Net Income (ttm) 2.89B
Shares Out 5.23B
EPS (ttm) 0.68
PE Ratio 8.19
Forward PE 8.44
Dividend $0.28 (5.00%)
Ex-Dividend Date Mar 17, 2022
Volume 1,994,881
Open 5.51
Previous Close 5.49
Day's Range 5.50 - 5.58
52-Week Range 4.99 - 7.00
Beta 1.38
Analysts Buy
Price Target 8.13 (+46.0%)
Earnings Date Jul 29, 2022

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, Commercial Banking, Private Banking, RBS International, and NatWest Markets 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 bankin... [Read more...]

Industry Banks
Founded 1727
CEO Alison Rose
Employees 58,200
Stock Exchange NYSE
Ticker Symbol NWG
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 31 analysts, the average rating for NWG stock is "Buy." The 12-month stock price forecast is 8.13, which is an increase of 45.96% from the latest price.

Price Target
$8.13
(45.96% upside)
Analyst Consensus: Buy
Stock Forecasts

News

UK Regulator Fines Four NatWest Banks for Interchange Fee Violations

Four NatWest Group banks — National Westminster Bank, Royal Bank of Scotland, Ulster Bank and Coutts & Co. — were hit with fines totaling $1.9 million from the U.K. Payment Systems Regulator (PSR) for o...

NatWest profit jumps as cost-of-living crisis looms

British lender NatWest posted a 41% jump in first-quarter profit in Friday, as rising rates boosted income even as they threaten to further squeeze household incomes.

NatWest earnings soar but rising prices bite

LONDON (Reuters) -British bank NatWest swung to a hefty profit on the back of the country's economic recovery but said rising prices will make it harder to cut overheads, prompting it to lower its cost-...

NatWest CFO pleased with annual earnings, sees positive momentum for 2022

NatWest CFO Katie Murray discusses the British lender's full-year 2021 earnings and the outlook for the U.K. economy in the year ahead.

NatWest faces $2.7 million-plus damages claim after dismissing banker with cancer

NatWest Group is facing a 2 million pound-plus ($2.7 million) compensation claim after a London tribunal ruled it had discriminated against an employee and unfairly dismissed her two days after cancer s...

NatWest pleads guilty to defrauding US, will pay $35 million

A unit of NatWest Group on Tuesday agreed to pay about $35 million and pleaded guilty to wire and securities fraud in relation to a long-running scheme by some of its traders to manipulate US Treasury d...

NatWest unit pleads guilty to Treasury market manipulation scheme -U.S. Justice Department

WASHINGTON (Reuters) -A unit of NatWest Group on Tuesday agreed to pay about $35 million and pleaded guilty to wire and securities fraud in relation to a long-running scheme by some of its traders to ma...

NatWest Faces $350M in Fines After Guilty Plea in Money Laundering Case

NatWest, a U.K. state-backed bank, must pay 265 million pounds (about $350 million) after pleading guilty to failing to prevent money laundering, Reuters reported. The fine was laid down Monday (Dec. 13).

NatWest bank fined $351 million for failing to prevent money laundering

NatWest has been fined $350.9 million for failing to prevent the laundering of nearly $528 million, capping the first criminal money laundering case against a British bank.

Around 50 NatWest branches involved in money laundering case -FCA

A criminal gang deposited millions of pounds in cash at up to 50 branches of NatWest including more than 40 million pounds at at least one individual outlet, prosecutors for Britain's financial regulato...

Barclays, RBS, HSBC, Credit Suisse and UBS fined for taking part in forex trading cartel

The European Commission probe found that traders occasionally coordinated trading plans via a chatroom called Sterling Lads.

Other symbols: CSHSBCUBS

EU fines Barclays, RBS, HSBC, Credit Suisse 344 million euros for forex cartel

EU antitrust regulators on Thursday fined Barclays, RBS, HSBC and Credit Suisse a total of 344 million euros ($389.7 million) for taking part in a foreign exchange spot trading cartel.

Other symbols: HSBC

UK's NatWest to tighten coal sector lending in gradual phase out

Britain's NatWest will not lend to any new customers operating coal-fired power plants or to existing clients planning to increase their capacity, in a move to toughen its policy on climate change.

Engagement surge from NatWest's message personalization strategy helps it compete with neobanks

NatWest revealed that its digital engagement from customers has surged 41% year over year (YoY) for the first nine months of 2021.

Should be more focus on the opportunity of climate financing, NatWest CEO says

NatWest CEO Alison Rose discusses the British lender's sustainability strategy and the opportunities in financing the U.K.'s transition to a greener economy. She speaks with CNBC's Steve Sedgwick at COP26.

NatWest Triples Profit in Q3, Reinforces Commitment to Supporting SMB Customers

U.K.'s NatWest Group, formerly The Royal Bank of Scotland, released strong third-quarter results on Friday (Oct. 29) and a number of initiatives supporting small to medium-sized businesses (SMBs). In te...

NatWest Q3 profit triples despite money laundering charge

NatWest reported its third quarter profits tripled on Friday, despite setting aside cash to prepare for an expected fine for money laundering failings as Britain's resurgent economy lifted its finances.

Lawmakers probe timeline of NatWest money laundering investigation

British lawmakers have asked the Financial Conduct Authority why it took five years to prosecute NatWest for failing to prevent the laundering of nearly 400 million pounds ($551.28 million), after the l...

NatWest Acquires Youth-Geared FinTech RoosterMoney

London financial institution NatWest has acquired youth-oriented FinTech startup RoosterMoney for an undisclosed amount, according to a press release. The pocket money app launched five years ago in Lon...

UK Bank NatWest Pleads Guilty in Money Laundering Case

U.K. bank NatWest pleaded guilty to three criminal charges stemming from its failure to avert the laundering of close to 400 million pounds, or $544 million, from 2012 through 2016, according to a Thurs...

NatWest pleads guilty to money-laundering breach

By Sabela Ojea

NatWest pleads guilty to money laundering offences

State-backed Natwest has pleaded guilty to money laundering, the first British lender to admit guilt to such offences.

UK Value: NatWest Group - A Line in the Sand

While I use the Altman Z-Score and the Piotroski F-Score a lot to evaluate companies, I can't use these so well for financials. For banks, the raw materials are money, the inventory is cash, the busines...

NatWest chair sees digital pound piloted within five years

Britain will be piloting a digital version of the pound within a few years to cut the cost of money transfers, NatWest bank chairman Howard Davies said on Tuesday.