NatWest Group (RBSPF) to Release Earnings on Friday

NatWest Group (OTCMKTS:RBSPF) is anticipated to post its resultson Friday, July 31st. Analysts expect the company to announce earnings of $0.2287 per share and revenue of $5.8260 billion for the quarter.

NatWest Group Trading Down 6.5%

Shares of RBSPF stock opened at $8.55 on Friday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.04 and a quick ratio of 1.04. The firm has a market cap of $68.53 billion, a PE ratio of 9.19 and a beta of 0.98. The company has a 50-day moving average of $8.39 and a two-hundred day moving average of $8.25. NatWest Group has a 1-year low of $6.61 and a 1-year high of $9.71.

Wall Street Analysts Forecast Growth

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

NatWest Group Company Profile

NatWest Group plc is a major UK-based banking and financial services company headquartered in Edinburgh, Scotland. The group traces its roots to the Royal Bank of Scotland, founded in 1727, and grew through subsequent mergers and acquisitions—most notably the acquisition of National Westminster Bank (NatWest) in 2000. In 2020 the firm adopted the NatWest Group name to align the corporate identity more closely with its primary retail brand. Over its long history the group has undergone significant restructuring and recapitalization, including interventions and reforms following the global financial crisis.

NatWest Group operates across retail, commercial, corporate and institutional banking, as well as wealth management and private banking.