Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
NatWest Group (DE:RYSD)
XETRA:RYSD
Holding DE:RYSD?
Track your performance easily
Earnings Data
Report Date
Feb 14, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.12Last Year’s EPS
0.17Same Quarter Last Year
Strong Buy
Based on 7 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Oct 26, 2018
|% Change Since: 18.96%
|Next Earnings Date:Aug 03, 2018
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance with upgrades in income and return guidance, impressive growth in customer lending, deposits, and non-interest income, and a robust capital position. However, these positives were partially offset by increased impairment charges and higher expected operating expenses in the upcoming quarter.Company Guidance
In the NatWest Group Q3 2024 management presentation, the bank announced an upgrade to its full-year income and returns guidance, highlighting strong performance across various metrics. For the first nine months, customer lending grew by GBP 8.1 billion to GBP 367 billion, while deposits increased by GBP 8.3 billion to GBP 427 billion. Income reached GBP 10.8 billion with operating costs at GBP 5.7 billion, resulting in an operating profit of GBP 4.7 billion and an attributable profit of GBP 3.3 billion. The return on tangible equity was 17%, with a common equity Tier 1 ratio of 13.9%. The guidance for 2024 now expects total income, excluding notable items, to be around GBP 14.4 billion, with a return on tangible equity greater than 15%. The company also commented on its strong capital generation capabilities, which allow for continued customer support, business investments, and shareholder distributions.Upgrade in Full-Year Income and Returns Guidance
NatWest upgraded its 2024 income guidance to GBP 14.4 billion and return on tangible equity to greater than 15%, reflecting strong performance across its businesses.
Strong Customer Lending Growth
Customer lending increased by GBP 8.1 billion to GBP 367 billion, with significant contributions from commercial mid-market and large corporate customers.
Impressive Deposit and Asset Growth
Customer deposits rose by GBP 8.3 billion to GBP 427 billion, while private bank assets under management increased by GBP 5.7 billion to GBP 46.5 billion.
Improved Operating Profit and Profitability
Operating profit reached GBP 4.7 billion with attributable profit of GBP 3.3 billion, and earnings per share increased by 12% year-on-year.
Strong Capital Position
The CET1 ratio improved to 13.9%, supported by 197 basis points of capital generation through strong earnings and risk-weighted asset management.
Growth in Non-Interest Income
Non-interest income grew significantly, driven by strong lending and payment fees, as well as foreign exchange gains.
---
DE:RYSD Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
DE:RYSD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 25, 2024 | €4.39 | €4.41 | +0.39% |
| Jul 26, 2024 | €3.96 | €4.24 | +7.14% |
| Apr 26, 2024 | €3.35 | €3.55 | +6.09% |
| Feb 16, 2024 | €2.38 | €2.52 | +5.53% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does NatWest Group (DE:RYSD) report earnings?
NatWest Group (DE:RYSD) is schdueled to report earning on Feb 14, 2025, TBA Not Confirmed.
What is NatWest Group (DE:RYSD) earnings time?
NatWest Group (DE:RYSD) earnings time is at Feb 14, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of NatWest Group stock?
The P/E ratio of NatWest Group is N/A.
What is DE:RYSD EPS forecast?
DE:RYSD EPS forecast for the fiscal quarter 2024 (Q4) is 0.12.
---