NatWest Group (OTCMKTS:RBSPF) Issues Earnings Results, Beats Estimates By $0.01 EPS

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

NatWest Group Stock Down 9.5%

Shares of RBSPF stock traded down $0.81 during trading hours on Friday, reaching $7.72. The company had a trading volume of 7,614 shares, compared to its average volume of 22,680. The company has a market capitalization of $61.88 billion, a P/E ratio of 7.72 and a beta of 0.95. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.04 and a current ratio of 1.03. NatWest Group has a twelve month low of $6.75 and a twelve month high of $9.80. The stock’s fifty day simple moving average is $8.96 and its 200 day simple moving average is $8.52.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods upgraded shares of NatWest Group from a “hold” rating to a “moderate buy” rating in a report on Friday, July 17th. One equities research analyst has rated the stock with a Buy rating. According to MarketBeat.com, the stock has a consensus 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.