NatWest Group (RBSPF) to Release Quarterly Earnings on Friday

NatWest Group (OTCMKTS:RBSPF) is anticipated to issue its resultson Friday, May 1st. Analysts expect the company to announce earnings of $0.2313 per share and revenue of $5.6680 billion for the quarter.

NatWest Group (OTCMKTS:RBSPF) last released its quarterly earnings data on Friday, February 13th. The company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.20 by $0.03. The firm had revenue of $5.83 billion for the quarter, compared to the consensus estimate of $5.72 billion. NatWest Group had a return on equity of 13.05% and a net margin of 18.59%.

NatWest Group Stock Down 1.6%

RBSPF opened at $7.83 on Friday. The company has a market cap of $62.76 billion, a P/E ratio of 8.90 and a beta of 1.03. The business’s 50-day moving average price is $7.90 and its 200-day moving average price is $8.11. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.14. NatWest Group has a 12 month low of $5.78 and a 12 month high of $9.72.

About NatWest Group

NatWest Group plc is a major UK-based banking and financial services company headquartered in Edinburgh, Scotland. The group traces its roots to the Royal Bank of Scotland, founded in 1727, and grew through subsequent mergers and acquisitions—most notably the acquisition of National Westminster Bank (NatWest) in 2000. In 2020 the firm adopted the NatWest Group name to align the corporate identity more closely with its primary retail brand. Over its long history the group has undergone significant restructuring and recapitalization, including interventions and reforms following the global financial crisis.

NatWest Group operates across retail, commercial, corporate and institutional banking, as well as wealth management and private banking.