NatWest Group plc (NWG)

NYSE: NWG · IEX Real-Time Price · USD
6.80
+0.02 (0.29%)
At close: Mar 28, 2024, 4:00 PM
6.78
-0.02 (-0.29%)
After-hours: Mar 28, 2024, 7:07 PM EDT
0.29%
Market Cap 29.74B
Revenue (ttm) 18.67B
Net Income (ttm) 5.26B
Shares Out 4.36B
EPS (ttm) -0.03
PE Ratio 5.49
Forward PE 6.77
Dividend $0.57 (8.34%)
Ex-Dividend Date Mar 14, 2024
Volume 849,675
Open 6.79
Previous Close 6.78
Day's Range 6.79 - 6.84
52-Week Range 4.30 - 7.02
Beta 1.34
Analysts Sell
Price Target n/a
Earnings Date Apr 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]

Sector Financials
Founded 1727
Employees 63,700
Stock Exchange NYSE
Ticker Symbol NWG
Full Company Profile

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 Statements

News

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.

3 days ago - Reuters

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.

Other symbols: HSBCLYG
6 days ago - Invezz

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...

10 days ago - Reuters

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...

14 days ago - Reuters

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.

14 days ago - Business Wire

European banks' bumpy recovery a year after Credit Suisse collapse

A year ago Credit Suisse was teetering on the brink of collapse, a scare that sent European bank shares tumbling and the cost of insuring against default soaring.

Other symbols: UBSDBSAN
15 days ago - Reuters

NatWest to End BNPL Option Due to Lower-Than-Expected Use

NatWest will end its buy now, pay later (BNPL) product May 7 due to lower-than-expected use of the offering. This move comes less than two years after the British bank's summer 2022 launch of the BNPL...

20 days ago - PYMNTS

'As the Fed hold rates higher we are concerned about the impact on the economy,' NatWest Securities

Michelle Girard, Head of US, NatWest Markets & CEO of NatWest Markets Securities Inc. spoke with Yahoo Finance anchors Seana Smith and Brad Smith about January PCE data and the outlook for Fed rate cu...

4 weeks ago - Yahoo Finance

NatWest's Share Price Rises As It Announces “Big Profit Beat” For 2023

High street bank NatWest Group NWG moved higher on Friday as it announced forecast-topping results for 2023.

5 weeks ago - Forbes

NatWest Buoyed by Earnings Beat, Guidance

NatWest shares rebounded from opening losses as investors cheered an above-forecast profit in the fourth quarter and guidance broadly in line with consensus, with analysts referring to the update as “...

5 weeks ago - WSJ

NatWest Names Thwaite as Permanent CEO

NatWest said Paul Thwaite replaces Alison Rose who resigned in July after discussing the closure of Brexit campaigner Nigel Farage's account with a journalist.

5 weeks ago - WSJ

NatWest reports profit beat, confirms insider Thwaite as CEO

British bank NatWest confirmed Paul Thwaite as its permanent chief executive on Friday and reported better than expected profit for 2023, as it gears up for a crunch sale of state-owned stock in the c...

5 weeks ago - Reuters

NatWest to appoint Paul Thwaite as permanent CEO - Sky News

British taxpayer-backed bank NatWest is preparing to appoint Paul Thwaite, its interim chief executive, as the permanent successor to former CEO Alison Rose, a Sky News reporter said in a post on soci...

6 weeks ago - Reuters

Top FTSE 100 shares to watch next week: Tui, NatWest, Centrica

The FTSE 100 had a busy week as over half of its constituents published financial results. Some of the most notable companies were Barratt Development, whose results coincided with an M&A news as it a...

7 weeks ago - Invezz

Big banks defeat U.S. Treasury rigging appeal

A federal appeals court on Thursday dismissed an appeal by investors who accused 10 of the world's largest banks of antitrust violations for conspiring to suppress competition in the now $26 trillion ...

Other symbols: BACBCSCGSJPMMSUBS
2 months ago - Reuters

We expect the Fed to cut rates 'by over 200 basis points' in 2024: NatWest Markets' Michelle Girard

Michelle Girard, NatWest Markets head of U.S., and Joanne Feeney, Advisors Capital Management partner and portfolio manager, join 'Squawk Box' to discuss the latest market trends, the Fed's rate path ...

2 months ago - CNBC Television

NatWest chair sparks backlash for saying it's not 'that difficult' to buy a property in Britain

The chair of one of Britain's biggest banks faced a backlash Friday after saying that it is currently not "that difficult" to get on the property ladder.

2 months ago - CNBC

NatWest chairman criticised for saying it is not difficult to buy a house in Britain

The chairman of British bank NatWest was criticised by a leading opposition politician for being out of touch on Friday after he said it was not "that difficult" to be able to afford to buy a house in...

2 months ago - Reuters

NatWest 'debanking' review finds potential breaches of FCA rules

The second phase of a review by NatWest into account closures by its private bank Coutts found potential regulatory rule breaches but no evidence of discrimination over people's politics, the British ...

3 months ago - Reuters

NATWEST INVESTOR ALERT: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In NatWest To Contact Him Directly To Discuss Their Options

If you purchased or acquired securities in NatWest and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330  (Ext. 1310). You may ...

4 months ago - PRNewsWire

UK to explore options for NatWest retail share offer

Britain's finance minister Jeremy Hunt said he would explore options for a NatWest share offer to the public in the next 12 months, to allow the government to reduce its stake in the bank.

4 months ago - Reuters

NATWEST SHAREHOLDER INVESTIGATION REMINDER: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In NatWest To Contact Him Directly To Discuss Their Options

If you purchased or acquired securities in NatWest and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330  (Ext. 1310). You may ...

4 months ago - PRNewsWire

NatWest docks former CEO's pay after Farage 'debanking' review

NatWest said on Friday that it was planning to cancel about 7.6 million pounds ($9.28 million) in pay and awards for its former CEO Alison Rose, following a law firm review into the "debanking" of for...

4 months ago - Reuters

NatWest Turns to IBM to Upgrade Virtual Assistant Cora

NatWest's virtual banking assistant Cora is getting an artificial intelligence (AI)-powered upgrade from IBM. The British bank is working with IBM to offer customers a broader range of information, be...

Other symbols: IBM
5 months ago - PYMNTS

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of NatWest Group plc (NWG) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of NatWest Group plc...

5 months ago - Business Wire