NatWest Group plc, together with its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers. More Details
Excellent balance sheet with moderate growth potential.
Share Price & News
How has NatWest Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NWG is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: NWG's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: NWG exceeded the UK Banks industry which returned 37.3% over the past year.
Return vs Market: NWG exceeded the UK Market which returned 21.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is NatWest Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 weeks ago | Simply Wall StHave NatWest Group plc (LON:NWG) Insiders Been Selling Their Stock?
1 month ago | Simply Wall StShould You Or Shouldn't You: A Dividend Analysis on NatWest Group plc (LON:NWG)
4 months ago | Simply Wall StA Look At NatWest Group's (LON:NWG) Share Price Returns
Is NatWest Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NWG (£2.05) is trading below our estimate of fair value (£2.46)
Significantly Below Fair Value: NWG is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: NWG is unprofitable, so we can't compare its PE Ratio to the UK Banks industry average.
PE vs Market: NWG is unprofitable, so we can't compare its PE Ratio to the UK market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NWG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NWG is good value based on its PB Ratio (0.6x) compared to the GB Banks industry average (0.7x).
How is NatWest Group forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NWG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.9%).
Earnings vs Market: NWG is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: NWG's is expected to become profitable in the next 3 years.
Revenue vs Market: NWG's revenue (3.5% per year) is forecast to grow slower than the UK market (5.4% per year).
High Growth Revenue: NWG's revenue (3.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NWG's Return on Equity is forecast to be low in 3 years time (6.9%).
How has NatWest Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NWG is currently unprofitable.
Growing Profit Margin: NWG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NWG is unprofitable, but has reduced losses over the past 5 years at a rate of 58.9% per year.
Accelerating Growth: Unable to compare NWG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NWG is unprofitable, making it difficult to compare its past year earnings growth to the Banks industry (8%).
Return on Equity
High ROE: NWG has a negative Return on Equity (-0.12%), as it is currently unprofitable.
How is NatWest Group's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: NWG's Assets to Equity ratio (18x) is moderate.
Allowance for Bad Loans: NWG has a low allowance for bad loans (95%).
Low Risk Liabilities: 65% of NWG's liabilities are made up of primarily low risk sources of funding.
Loan Level: NWG has an appropriate level of Loans to Assets ratio (47%).
Low Risk Deposits: NWG's Loans to Deposits ratio (76%) is appropriate.
Level of Bad Loans: NWG has an appropriate level of bad loans (1.7%).
What is NatWest Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NWG's dividend (3.9%) is higher than the bottom 25% of dividend payers in the UK market (1.29%).
High Dividend: NWG's dividend (3.9%) is low compared to the top 25% of dividend payers in the UK market (4.02%).
Stability and Growth of Payments
Stable Dividend: NWG has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NWG's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: NWG is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: NWG's dividends in 3 years are forecast to be well covered by earnings (37% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Alison Rose-Slade (51 yo)
Ms. Alison Marie Rose-Slade, BA (Hons) has been Executive Director at NatWest Group Plc (formerly known as Royal Bank of Scotland Group Plc) since December 03, 2018 and its CEO since November 01, 2019. She...
CEO Compensation Analysis
Compensation vs Market: Alison's total compensation ($USD3.69M) is about average for companies of similar size in the UK market ($USD3.41M).
Compensation vs Earnings: Alison's compensation has increased whilst the company is unprofitable.
Experienced Management: NWG's management team is considered experienced (2.8 years average tenure).
Experienced Board: NWG's board of directors are considered experienced (5.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NWG insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
NatWest Group plc's company bio, employee growth, exchange listings and data sources
- Name: NatWest Group plc
- Ticker: NWG
- Exchange: LSE
- Founded: 1727
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: UK£23.699b
- Shares outstanding: 11.56b
- Website: https://www.natwestgroup.com
Number of Employees
- NatWest Group plc
- 175 Glasgow Road
- EH12 1HQ
- United Kingdom
NatWest Group plc, together with its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers. It operates through Retail Banking, ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/14 18:39|
|End of Day Share Price||2021/06/14 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.