Skip to Content

NatWest Group PLC - Stock Quote NWG

Rating as of

Morningstar's NatWest Group PLC Stock Analysis

Valuation
Currency in GBX
Is it the right time to buy or sell?
Find out with Morningstar Premium
Is it the right time to buy or sell?
Find out with Morningstar Premium

1-Star Price

PREMIUM

5-Star Price

PREMIUM

Economic Moat

PREMIUM

Capital Allocation

PREMIUM

NatWest Reports Good First-Quarter Results as Trading and Higher Rates Boost Performance

Niklas Kammer, CFA Equity Analyst

Analyst Note

| Niklas Kammer, CFA |

NatWest reported first-quarter operating profits before tax of GBP 1,287 million, comfortably ahead of the GBP 976 million consensus figure collected by the group itself. Trading income performed better than expected and a small loan-loss reversal of GBP 7 million was also ahead of expectations for the quarter. We maintain our fair value estimate of GBX 230 per share.

Read Full Analysis

NatWest Group PLC's Company Profile

Business Description

NatWest Group is a universal bank headquartered in the United Kingdom, where it derives around 90% of its total income. The bank operates a retail, commercial, and private bank in the U.K., offering clients lending and payment services as well as asset management services. The three segments combined consume about 65% of the group’s risk-weighted assets. It also provides financing, risk management, and trading solutions around the world to global financial institutions and large corporates in its NatWest markets segment.

Contact
Gogarburn, P.O. Box 1000
Edinburgh, EH12 1HQ, United Kingdom
T +44 1315568555
Sector Financial Services
Industry Banks - Diversified
Most Recent Earnings Mar 31, 2022
Fiscal Year End Dec 31, 2022
Stock Type
Employees 58,200

NatWest Group PLC's Related News