NatWest Group (OTCMKTS:RBSPF) Issues Earnings Results

NatWest Group (OTCMKTS:RBSPF) issued its earnings results on Friday. The company reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.25 by $0.01, Zacks reports. The firm had revenue of $6.15 billion for the quarter, compared to analysts’ expectations of $6.17 billion. NatWest Group had a return on equity of 14.01% and a net margin of 20.10%.

NatWest Group Trading Down 9.5%

RBSPF opened at $7.72 on Friday. The firm’s fifty day moving average is $8.94 and its two-hundred day moving average is $8.52. The firm has a market cap of $61.88 billion, a PE ratio of 7.72 and a beta of 0.95. NatWest Group has a twelve month low of $6.75 and a twelve month high of $9.80. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.04 and a current ratio of 1.03.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods raised NatWest Group from a “hold” rating to a “moderate buy” rating in a research note on Friday, July 17th. One analyst has rated the stock with a Buy rating. According to MarketBeat, NatWest Group presently has an average rating of “Buy”.

About NatWest Group

NatWest Group plc is a United Kingdom-based banking and financial services group formerly known as The Royal Bank of Scotland Group. The group serves individuals, families, businesses and institutions through brands including NatWest, Royal Bank of Scotland and Ulster Bank in Northern Ireland.

Its personal banking activities include current and savings accounts, mortgages, credit cards, personal loans, insurance and digital banking services. NatWest also provides private banking and wealth management services, while its business and commercial banking operations offer lending, payments, cash management, trade finance and other financial services to small businesses, mid-sized companies, large corporations and institutional clients.

NatWest Group primarily serves customers in the United Kingdom, with operations and services focused on the country’s retail, commercial and institutional banking markets.