NatWest Group (LON:NWG) Announces Quarterly Earnings Results

NatWest Group (LON:NWG) issued its quarterly earnings data on Friday. The company reported GBX 20.10 EPS for the quarter, Digital Look Earnings reports. The company had revenue of GBX 450.40 billion during the quarter. NatWest Group had a net margin of 21.17% and a return on equity of 16.16%.

NatWest Group Price Performance

LON:NWG traded down GBX 54.80 during mid-day trading on Friday, hitting GBX 580.40. The company’s stock had a trading volume of 260,772,047 shares, compared to its average volume of 24,320,553. The business’s fifty day moving average is GBX 674.16 and its two-hundred day moving average is GBX 635.93. The stock has a market cap of £45.99 billion, a price-to-earnings ratio of 7.78, a PEG ratio of 0.46 and a beta of 0.82. NatWest Group has a 1 year low of GBX 504.41 and a 1 year high of GBX 788.20.

Analysts Set New Price Targets

NWG has been the topic of several recent research reports. JPMorgan Chase & Co. increased their target price on NatWest Group from GBX 790 to GBX 830 and gave the company a “neutral” rating in a research report on Tuesday, September 15th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 840 price target on shares of NatWest Group in a research report on Monday, August 3rd. Berenberg Bank raised their price objective on NatWest Group from GBX 860 to GBX 880 and gave the company a “buy” rating in a research report on Monday, August 3rd. Royal Bank Of Canada reiterated a “sector perform” rating and issued a GBX 725 target price on shares of NatWest Group in a research note on Monday, August 3rd. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 770 target price on shares of NatWest Group in a report on Friday. Four investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 800.71.

Key Headlines Impacting NatWest Group

Here are the key news stories impacting NatWest Group this week:

• Positive Sentiment: Jefferies reaffirmed its “buy” rating and set a GBX 770 price target, implying considerable upside from recent trading levels. Broker consensus is similarly bullish, with an average target of approximately GBX 769. Jefferies NatWest rating
• Positive Sentiment: NatWest maintained its full-year outlook, while higher net interest income helped support quarterly total income and pre-tax profit. The bank reported return on equity of 16.16% and a net margin of 21.17%, indicating continued profitability. NatWest third-quarter outlook
• Neutral Sentiment: NatWest reported updated total voting rights and share capital as of October 30. The routine disclosure may affect per-share calculations but does not by itself signal a change in operating performance. NatWest voting rights update
• Neutral Sentiment: The bank received FCA approval for a supplement to its £40 billion Euro Medium Term Note programme. The update supports NatWest’s ongoing access to debt markets, but is primarily a financing and regulatory filing rather than a direct earnings catalyst. NatWest medium-term note programme update
• Negative Sentiment: Third-quarter profit was broadly flat at about £2.2 billion, and reported earnings per share of GBX 20.10 missed some market expectations despite revenue or total income beating forecasts. The mixed result appears to be the main reason for investor pressure on NWG today. NatWest third-quarter earnings

Insider Buying and Selling

In related news, insider Patrick Flynn purchased 196 shares of NatWest Group stock in a transaction that occurred on Thursday, October 1st. The stock was bought at an average cost of GBX 670 per share, for a total transaction of £1,313.20. Also, insider Roisin Donnelly purchased 193 shares of NatWest Group stock in a transaction that occurred on Thursday, October 1st. The shares were bought at an average price of GBX 670 per share, with a total value of £1,293.10. In the last quarter, insiders acquired 396 shares of company stock worth $261,386. Corporate insiders own 0.21% of the company’s stock.

About NatWest Group

We’re a UK-focussed bank serving over 20 million customers, with businesses across retail, commercial and private banking markets.

With a brand history stretching back nearly 300 years, we have our roots in the communities we serve across every nation and region of the UK. Our brands include NatWest, Royal Bank of Scotland, Ulster Bank and Coutts.