NatWest Group plc (NWG)
| Market Cap | 35.32B |
| Revenue (ttm) | 18.40B |
| Net Income (ttm) | 4.86B |
| Shares Out | 4.35B |
| EPS (ttm) | -0.04 |
| PE Ratio | 6.91 |
| Forward PE | 7.41 |
| Dividend | $0.57 (7.02%) |
| Ex-Dividend Date | Mar 14, 2024 |
| Volume | 946,915 |
| Open | 8.05 |
| Previous Close | 8.09 |
| Day's Range | 8.03 - 8.13 |
| 52-Week Range | 4.30 - 8.13 |
| Beta | 1.35 |
| 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]
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 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.
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.
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...
'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...
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.
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 “...
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.
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...
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...
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...
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 ...
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 ...