Natwest the best bet currently among UK banks says broker
The bank benefits the most from a strong UK mortgage market
Company
NatWest Group PLC
LON:NWG
NatWest Group PLC is one of the world's top 10 financial services groups and a leading provider of personal, business and institutional banking services. NatWest Group is the new name for Royal Bank of Scotland as of July 2020.
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NatWest struck off Goldman's conviction list amid worries over UK mortgage pricing
Analysts at the US bank also trimmed their target prices for NatWest, Barclays and Virgin Money on the back of what they said were the "headwinds" in the UK mortgage market
NatWest Group to yield 13-14% in 2022/23 by Deutsche Bank's calculations
“On our new forecasts, total capital return for 2022-23 is equivalent to a 13-14% yield,” Deutsche Bank said
NatWest target hiked by UBS as profits beat forecasts
Analysts said the UK bank's pre-tax profit for the second quarter, reported last Friday, was “40% ahead of consensus”
NatWest boosts appeal to income investors with £2.9bn handout
On valuation grounds, though, the broker prefers Lloyds (46p) and Barclays (176p)
NatWest proposes 3p interim dividend and £750mln share buyback as outlook improves
NatWest released another £605mln of money set aside for bad debts in the second quarter. The bank expects the 2021 full year impairment loss to be a net release
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FTSE 100 closes in the red as upward trend runs out of steam
Britain's blue-chip index finished down around 46 points, or 0.65%, at 7,032, off a session peak of 7,078 and a low of 6,996
NatWest could accelerate buybacks following govt stake sale, says UBS
Analysts said the decision of the government to sell down its sizeable stake in the banking giant “raises the prospect of a confirmed buyback” in the company’s second-quarter results
NatWest biggest blue-chip riser as it inks deal to sell off Irish assets
The proposed deal includes around €7.6bn of gross performing loans, mostly relating to non-tracker mortgages, as well as 25 branch locations in the Republic of Ireland
NatWest Group slowly exiting from a 13-year taxpayers' nightmare
The government's ownership of NatWest Group has lasted longer than some Quentin Tarantino films, only with more blood-letting and swearing.
UK govt to sell down NatWest stake
The actual number of shares sold on any day under the plan will depend on market conditions, among other factors
NatWest and Lloyds preferred among UK banks by Citi analysts
The investment bank said they expected further write-backs from the sector in the second quarter, adding that the recent lifting of the dividend ban “implies a return to more normalised capital return payouts”
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FTSE 100 ends higher as Bank of England maintains policy; Wall Street makes good gains
At the close, the UK blue-chip index was 35.91 points, or 0.5% firmer at 7,109.97, not far below the day’s peak of 7,119.41 and well above the session low of 7,070.90
Natwest and Monzo rapped by watchdog over statements
The CMA said it stands ready to take further action if these failures are repeated
NatWest Group expects 87% of staff to mostly work from home from now on
Roughly 61% of retail banking customers now use only digital channels
NatWest warns customers over Bitcoin and crypto scams
The bank issued the warning to its mobile banking customers after reporting that it had received record numbers of complaints about crypto scams in the first three months of 2021
NatWest and Barclays best positioned for potential distribution to shareholders, says broker
While surprises over levels of bad loan provisions are “viewed as low quality by the investment community”, the analysts said “we think they matter nevertheless and must not be underestimated”
What stocks to buy as the UK reopens and recovers: One broker's suggestions
Excess savings in consumer bank accounts mid-April totalled around £170bn
Government sells another £1.1bn worth of shares in NatWest
Earlier in 2021, the government said it aimed to sell its entire stake by 2025-26
NatWest says HQ will shift to London if Scotland gets independence
NatWest was acquired by Royal Bank of Scotland in 2000, which has had its headquarters in Edinburgh for almost 300 years.