NatWest Group (OTCMKTS:RBSPF) Posts Quarterly Earnings Results, Beats Expectations By $0.01 EPS

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

NatWest Group Trading Down 9.5%

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

Analyst Upgrades and Downgrades

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