NatWest's Share Price Rises 3% As Q1 Results Top Estimates

Photographer: Hollie Adams/Bloomberg© 2024 Bloomberg Finance LPShares in NatWest Group NatWest Group rose on Friday as results for the first few months of 2024 beat City forecasts.However, operating pre-tax profit slumped by more than a quarter year on year as the benefit of previous Bank of England interest rate hikes eroded.At 299.4p per share, the FTSE 100 share was last dealing 3.3% higher in end-of-week business.While total income dropped 10% to £3.5 billion during the March quarter, this beat analyst ...