NatWest Group (RBSPF) Projected to Release Earnings on Friday

NatWest Group (OTCMKTS:RBSPF) is anticipated to post its results before the market opens on Friday, October 30th. Analysts expect the company to announce earnings of $0.2547 per share and revenue of $6.17 billion for the quarter.

NatWest Group (OTCMKTS:RBSPF) last announced its quarterly earnings data on Friday, July 31st. The company reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.04. NatWest Group had a net margin of 20.10% and a return on equity of 14.01%. The firm had revenue of $5.97 billion during the quarter, compared to analyst estimates of $5.83 billion.

NatWest Group Price Performance

Shares of RBSPF stock opened at $8.57 on Thursday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.03 and a quick ratio of 1.04. The firm’s 50-day moving average is $8.98 and its two-hundred day moving average is $8.52. NatWest Group has a 12 month low of $6.75 and a 12 month high of $9.80. The company has a market capitalization of $68.73 billion, a PE ratio of 8.57 and a beta of 0.95.

Analyst Upgrades and Downgrades

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

NatWest Group Company Profile

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.