British lender NatWest posts better than expected annual profit
By Sinead Cruise and Yadarisa Shabong LONDON (Reuters) -British bank NatWest reported forecast-beating annual profit on Friday, boosted by progress in its growth strategy, improving productivity and active capital management.
Natwest skims past profit expectations
Natwest narrowly beat analysts’ annual profit expectations after posting a bump in its consumer lending. The FTSE 100 lender posted a £6.2bn pre-tax profit skimming ahead of analysts expectation of £6.
NatWest beats annual profit expectations as it edges closer to private ownership
NatWest has reported a bigger-than-expected profit for 2024 as the bank edges closer to returning to private ownership.
NatWest posts better than expected annual profits
NatWest said today its annual profit beat forecasts, boosted by progress in its growth strategy, improving productivity and active management of capital.
NatWest profits beat expectations as loans, deposits rise
Annual profit at UK bank NatWest beat expectations as it grew its loan book and pulled in more deposits, boosted by an increase in customers.
NatWest reports increase in annual profits
NatWest has reported an increase in annual profits after its loan book grew, margins improved and defaults remained low, despite the UK economy faltering in the second half of last year. The lender on Friday announced net income of £4.8bn for the year, up from £4.6bn the previous year.
NatWest beats annual profit expectations and targets ‘new chapter’
NatWest has reported a bigger-than-expected profit for 2024, as the bank edges closer to returning to private ownership. Chief executive Paul Thwaite said shedding the UK Government’s shareholding would mark a “new, forward-looking chapter” for the British lender.
NatWest shares fall as annual results post mixed performance
However, shares of NatWest Group declined by over 2% following the results, reflecting investor concerns over certain aspects of the performance. The company recorded a total income of £14.7 billion, a slight decrease of 0.3% compared to the previous year.
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NatWest beats expectations but conservative guidance holds share back
(Alliance News) - NatWest Group PLC on Friday said it exceeded its annual outlook although a "conservative" outlook kept a lid on the bank's share price. Shares in NatWest were 1.8% lower at 429.10 ...
Natwest: FTSE 100 bank’s share price scoops ten-year high
Shares in Natwest were touching a ten year high on Tuesday morning, ahead of the bank posting its annual results on Friday.