NatWest Group Plc - ADR
NWG - Insider Information
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+ FollowMarket Cap$33.04B
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Earnings Call Q3 2024
October 25, 2024 - AI Summary
**Strong Financial Performance**: NatWest reported a healthy customer lending growth of GBP 8.1 billion year-to-date, reaching a total of GBP 367 billion. They generated GBP 10.8 billion of income for the first nine months, with a net interest margin increase to 218 basis points, despite a recent base rate cut, reflecting effective asset and liability management.
**Upgraded Guidance for 2024**: The bank has upgraded its full-year income guidance to approximately GBP 14.4 billion and expects a return on tangible equity greater than 15%. This signifies a positive outlook driven by strong balance sheet performance and disciplined capital deployment across its segments.
**Impairment Charges and Credit Quality**: For Q3, NatWest reported a net impairment charge of GBP 245 million (25 basis points of loans), taking the nine-month charge to GBP 293 million. Despite this, the cost of risk remains low at 10 basis points, and the bank anticipates a full-year loan impairment rate below 15 basis points, indicating solid credit quality.
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$-0.07
100.4% downside
Current Fair Value
100.4% downsideOvervalued by 100.4% based on the discounted cash flow analysis.
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Share Statistics
| Market cap | $33.04 Billion |
|---|---|
| Enterprise Value | $32.12 Billion |
| Annual dividend | $0.94 |
| Dividend yield | 6.04% |
| Earnings per Share | $2.72 |
| Beta | 0.93 |
| Outstanding Shares | 1,993,781,000 |
Return
| Return on Equity | 14.35% |
|---|---|
| Return on Assets | 0.84% |
| Return on Invested Capital | 2.48% |
Valuation & Multiples
| P/E Ratio | 6.1 |
|---|---|
| PEG | 22.85 |
| Price to Sales | 1.51 |
| Price to Book Ratio | 0.79 |
| Enterprise Value to Revenue | 1.35 |
| Enterprise Value to EBIT | 5.05 |
| Enterprise Value to Net Income | 5 |
| Total Debt to Enterprise | 2.37 |
| Debt to Equity | 1.74 |
Revenue Sources
No data
Last Earnings Call
Report Date
October 30, 2026
EPS Estimate
$0.51
Consensus analyst estimateRevenue Estimate
$6.18 B
Consensus analyst estimateNext Earnings Call
Expected Date
February 12, 2027
EPS Estimate
$0.47
Consensus analyst estimateRevenue Estimate
$6.19 B
Consensus analyst estimateInstitutional Put/Call Ratio
Compares institutional put options with call options. At 0.00, the ratio is below 1, so institutions hold more calls than puts.
| Put/Call Ratio | 0.0000▼ 9.83% |
|---|---|
| Total Calls | -▼ 100.00% |
| Total Puts | -▼ 100.00% |
Institutional Ownership
Holdings and activity of institutional investors.
| Ownership % | 0.51%▼ 9.51% |
|---|---|
| Total Invested | $183.43M▼ 94.78% |
| Investors Holding | 147▼ 287.00% |
About NatWest Group Plc
59,900 employees
CEO: Alison Rose
NatWest Group plc, a venerable financial institution established in Edinburgh, UK, in 1727, delivers a comprehensive array of banking and financial services. Serving a broad spectrum of clients, including individual consumers, small and ...