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NatWest Group ( (GB:NWG) ) just unveiled an update.
NatWest Group reported a strong financial performance in 2024 with an income of £14.6 billion and return on tangible equity of 17.5%. The company achieved significant growth across customer segments and successfully reduced the UK Government’s shareholding. It reported an attributable profit of £4.5 billion, with dividends per share increasing by 26%, reflecting disciplined growth and strategic focus. Looking forward, NatWest aims to continue its transformation into a more integrated, technology-driven bank, poised for further growth and value creation for shareholders.
More about NatWest Group
NatWest Group is a major financial services organization operating in the banking industry, offering a range of services including retail, private, and commercial banking. The company serves over 19 million customers and focuses on providing support and services for home buying, business growth, and investment, primarily within the UK market.
YTD Price Performance: 11.91%
Average Trading Volume: 24,548,318
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £36.21B
For a thorough assessment of NWG stock, go to TipRanks’ Stock Analysis page.