Core Viewpoint - NatWest Group Plc has shown strong share price performance over the last year, primarily supported by the U.K. government's stake selldown, despite previous bearish sentiments towards the company [1]. Group 1: Company Performance - The share price of NatWest Group Plc has been robust in the past year [1]. - The performance is attributed to the U.K. government's reduction of its stake in the company [1]. Group 2: Analyst Background - The analysis is provided by a fund manager/analyst with over 18 years of experience in the financial sector, specifically in portfolio management [1].

Company Overview - NatWest Group (NWG) is headquartered in London and has experienced a price change of 17.9% this year [3] - The company currently pays a dividend of $0.38 per share, resulting in a dividend yield of 6.35%, which is significantly higher than the Banks - Foreign industry's yield of 3.7% and the S&P 500's yield of 1.59% [3] Dividend Performance - The current annualized dividend of $0.76 represents a 72.7% increase from the previous year [4] - Over the last 5 years, NatWest Group has increased its dividend 4 times year-over-year, with an average annual increase of 41.06% [4] - The company's current payout ratio is 23%, indicating that it paid out 23% of its trailing 12-month earnings per share as dividends [4] Earnings Growth - The Zacks Consensus Estimate for NatWest Group's earnings for 2025 is $1.42 per share, reflecting a year-over-year growth rate of 6.77% [5] Investment Appeal - NatWest Group is considered a compelling investment opportunity due to its attractive dividend yield and strong Zacks Rank of 1 (Strong Buy) [7]

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

NatWest Group (NWG) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power of a changing ...

Succeeding with customers NatWest Group plc 2024 Annual Report and Accounts NatWest Group plc 2024 Annual Report and Accounts information NatWest Group is a UK-focused banking organisation, serving over 19 million customers, with business operations reaching across retail, commercial and private banking markets. Our 2024 reporting suite Annual Report and Accounts NatWest Group plc 2024 Annual Report and Accounts Succeeding with customers Disclosures related to our strategic performance, governance and remun ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 19 ...

NatWest Group (NYSE: NWG ) produced another set of reasonable figures covering its fourth quarter. While financials were arguably a little so-so versus consensus, the market has been playing catch-up here recently, with the outlook for the bank'sI like to take a long term, buy-and-hold approach to investing, with a bias toward stocks that can sustainably post high quality earnings. Mostly found in the dividend and income section. Blog about various US/Canadian stocks at 'The Compound Investor', and predomin ...

Investors with an interest in Banks - Foreign stocks have likely encountered both NatWest Group (NWG) and United Overseas Bank Ltd. (UOVEY) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trend ...

I like to take a long term, buy-and-hold approach to investing, with a bias toward stocks that can sustainably post high quality earnings. Mostly found in the dividend and income section. Blog about various US/Canadian stocks at 'The Compound Investor', and predominantly UK names on 'The UK Income Investor'. Analyst's Disclosure: I/we have a beneficial long position in the shares of NYG, LYG either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own o ...

Financial Data and Key Metrics Changes - The company upgraded its full-year income and returns guidance, expecting total income, excluding notable items, to be around GBP 14.4 billion, with a return on tangible equity greater than 15% [2][15] - For the first nine months, customer lending grew by GBP 8.1 billion to GBP 367 billion, while customer deposits increased by GBP 8.3 billion to GBP 427 billion [2][3] - Operating profit for the first nine months was GBP 4.7 billion, with attributable profit of GBP 3.3 billion and a return on tangible equity of 17% [5] Business Line Data and Key Metrics Changes - In Commercial & Institutional, lending to mid-market customers grew by GBP 1.5 billion, while corporate lending increased by GBP 3.2 billion [10] - The private bank's assets under management rose by GBP 5.7 billion to GBP 46.5 billion, including GBP 2.2 billion of net new inflows [4] - The existing mortgage book returned to growth, with balances up by GBP 3.8 billion, supported by new lending and the acquisition of a GBP 2.3 billion mortgage portfolio from Metro Bank [9] Market Data and Key Metrics Changes - The group net interest margin increased by 8 basis points to 218 basis points, driven by margin expansion across deposits and funding [8] - Non-interest income grew by 5.1% to GBP 3.8 billion in Q3, with contributions from strong lending and payment fees [7][57] - The company reported a net impairment charge of GBP 245 million for Q3, reflecting a cost of risk of 25 basis points [12] Company Strategy and Development Direction - The company is focused on disciplined growth, bank-wide simplification, and active balance sheet and risk management [2] - The strategic priority includes supporting customers while managing risks effectively, which is reflected in the strong financial performance [2][16] - The company aims to reach a target of GBP 100 billion in climate and sustainable funding by 2025, having already provided GBP 85.4 billion since July 2021 [3] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the business's momentum and ability to deliver strong shareholder returns, despite expected base rate cuts [16] - The company anticipates further base rate cuts in Q4, reaching 4.75% by year-end, with additional cuts expected in 2025 [8] - Management highlighted the resilience of customers and the strong performance of the loan portfolio, maintaining a low cost of risk [30] Other Important Information - The government has reduced its shareholding from 38% to under 16%, with plans to exit fully by 2025-2026 [5] - The company expects to incur higher operating expenses in Q4 due to severance and property costs, alongside a higher bank levy charge [12] Q&A Session Summary Question: On margins and NatWest Markets - Inquiry about the impact of deposit spreads and the timing of base rate cuts on future margins [17] - Management noted that market conditions have been supportive for NatWest Markets, which has seen a significant increase in capital markets activity [20] Question: Revenue guidance for Q4 - Question regarding the expected decline in revenues sequentially into Q4 and the normalization of other income [24] - Management explained that Q4 income is expected to be lower due to seasonality and anticipated base rate cuts, but overall guidance has been upgraded [26] Question: Cost of risk and Sainsbury's transaction - Inquiry about the cost of risk trends and the potential contribution of the Sainsbury's transaction to P&L [29] - Management confirmed a low cost of risk and indicated that the Sainsbury's acquisition is expected to be RoTE accretive upon completion [31] Question: RWA guidance and loan growth - Questions about RWA guidance for 2025 and confidence in loan growth prospects [35] - Management expressed confidence in mid-single digit loan growth, supported by strong performance in Q3 [36] Question: Deposit repricing lag and customer behavior - Inquiry about the impact of deposit repricing lag in Q3 and customer behavior regarding term deposits [48] - Management acknowledged the lag effects and noted that many customers are renewing into fixed-term accounts [51]