- Pretax operating profit: GBP1.70 billion (Estimate: GBP1.29 billion)
- Retail Banking operating profit: GBP609 million (Estimate: GBP554 million)
- Net income: GBP1.18 billion (Estimate: GBP846.6 million)
- Return on tangible equity: +18.5% (Estimate: +13.7%)
- Operating expenses: GBP2.01 billion (Estimate: GBP1.94 billion)
- Total income: GBP3.66 billion (Estimate: GBP3.41 billion)
- Retail Banking total income: GBP1.37 billion (Estimate: GBP1.35 billion)
- Net interest income: GBP2.76 billion (Estimate: GBP2.62 billion)
- Non-interest income: GBP902 million (Estimate: GBP793.5 million)
- Analyst recommendations: 12 buys, 8 holds, 2 sells
NatWest Group on Smartkarma
Analyst coverage on NatWest Group by Dimitris Ioannidis on Smartkarma discusses the impact of the UK Government’s reducing stake in the company. The report titled “NatWest (NWG): Passive Push from UK Government” highlights how the decreasing government ownership is expected to increase the free float and attract passive fund demand across four indices in the next two months. This move signifies an improved financial health for NatWest, with the UK government being a strategic shareholder.
As of September 20, 2024, the analysis estimates an aggregate passive fund demand for NatWest Group at 22.8 million shares, worth $95.7 million, and equivalent to 0.73 days of volume. This insight suggests potential positive implications for the company’s stock value and market presence as a result of the upcoming passive fund buying activity triggered by the UK government’s stake reduction.
A look at NatWest Group Smart Scores
Factor | Score | Magnitude |
---|---|---|
Value | 4 | |
Dividend | 4 | |
Growth | 5 | |
Resilience | 5 | |
Momentum | 5 | |
OVERALL SMART SCORE | 4.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, NatWest Group shows a promising long-term outlook. With high scores in growth, resilience, and momentum, the company is positioned well for future success. The strong values in dividend and value further indicate a solid foundation for investors. As NatWest Group operates as a banking and financial services company offering a wide range of services globally, its positive Smart Scores suggest a favorable investment opportunity for those looking for stability and growth in the long run.
NatWest Group plc, a banking and financial services company, has received impressive Smart Scores reflecting its overall positive outlook. With solid ratings in value, dividend, growth, resilience, and momentum, the company demonstrates strength across various key factors. Providing a range of personal and business banking services, along with insurance and financial planning options, NatWest Group serves clients on a global scale. Investors may find NatWest Group appealing for its strong performance metrics and diversified offerings in the competitive financial services industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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