NatWest Group Plc - ADR

NatWest Group Plc - ADR

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Market Cap$33B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
NatWest Group Plc - ADRNatWest Group Plc - ADR8.25.29%14%1.50.2

Earnings Call Q3 2024

October 25, 2024 - AI Summary

**Strong Financial Performance**: NatWest reported a healthy customer lending growth of GBP 8.1 billion year-to-date, reaching a total of GBP 367 billion. They generated GBP 10.8 billion of income for the first nine months, with a net interest margin increase to 218 basis points, despite a recent base rate cut, reflecting effective asset and liability management.
**Upgraded Guidance for 2024**: The bank has upgraded its full-year income guidance to approximately GBP 14.4 billion and expects a return on tangible equity greater than 15%. This signifies a positive outlook driven by strong balance sheet performance and disciplined capital deployment across its segments.
**Impairment Charges and Credit Quality**: For Q3, NatWest reported a net impairment charge of GBP 245 million (25 basis points of loans), taking the nine-month charge to GBP 293 million. Despite this, the cost of risk remains low at 10 basis points, and the bank anticipates a full-year loan impairment rate below 15 basis points, indicating solid credit quality.

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$18.20

Target Price by Analysts

9.8% upsideNatWest Group Plc Target Price DetailsTarget Price
$-0.07

Current Fair Value

100.4% downside

Overvalued by 100.4% based on the discounted cash flow analysis.

Share Statistics

Market cap$33.00 Billion
Enterprise Value$-39,328,747,253.00
Dividend Yield$0.88 (5.29%)
Earnings per Share$2.72
Beta0.82
Outstanding Shares2,000,000,000

Return

Return on Equity13.57%ROE
Return on Assets0.79%
Return on Invested Capital2.94%

Valuation & Multiples

P/E Ratio8.2P/E Ratio
PEG67.49PEG
Price to Sales1.51Price to Sales
Price to Book Ratio0.79Price to Book Ratio
Enterprise Value to Revenue-1.7
Enterprise Value to EBIT-6.74
Enterprise Value to Net Income-7
Total Debt to Enterprise-0.17
Debt to Equity0.15Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
May 1, 2026
EPS Estimate
$0.44
Average shareholder expectation
Revenue Estimate
$5.80 B
Average shareholder expectation

Next Earnings Call

Expected Date
July 24, 2026
EPS Estimate
$0.47
Average shareholder expectation
Revenue Estimate
$5.93 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.2418 44.35%
Total Calls155,100 88.46%
Total Puts37,500 33.51%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %10.16% 0.72%
Total Invested$3.03B 9.18%
Investors Holding413 1.00%

ESG Score

No data

About NatWest Group Plc

59,900 employees
CEO: Alison Rose

Relevant Senate Committees

Joint Committee on Taxation

This committee provides the technical analysis and 'scoring' for tax legislation, directly influencing corporate tax structures and capital investment credits that are critical for a commercial bank's financial planning and profitability.

Finance

This committee controls taxation and trade policy, which directly drives corporate valuations and profitability for commercial banks through corporate tax structures and impacts international banking operations.

Agriculture, Nutrition, and Forestry

This committee oversees the CFTC, which regulates derivatives and futures markets where commercial banks are significant participants. Its role in defining cryptocurrencies as digital commodities is also highly relevant to financial services.

Banking, Housing, and Urban Affairs

This is the primary committee for a commercial bank, directly regulating the entire financial system, including the Federal Reserve and SEC, setting bank capital requirements, and addressing cryptocurrency regulation and real estate markets.

Budget

This committee drafts the budget resolution and influences the macroeconomic environment, including sovereign debt levels, which are fundamentally important for a commercial bank's lending, investment decisions, and overall financial health.

Foreign Relations

As a global commercial bank, NatWest Group Plc is directly impacted by US foreign policy, sanctions legislation (e.g., Russia, Iran), sovereign credit risk, and international banking access, all of which fall under this committee's purview.