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$NWG

5 stories mentioning NWGUpdated 13d ago

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Asia Markets

European Equities Traded in the US as American Depositary Receipts Decline Friday

European equities traded in the US as American depositary receipts were lower on Friday morning, down 0.6% to 1,935.76 on the S&P Europe Select ADR Index.From continental Europe, the gainers were led by medical device company FocalTherics (FOCL) and steelmaker ArcelorMittal (MT), which rose 2.3% and 1.8% respectively.They were followed by bank BBVA (BBVA), which added 0.8%.The decliners from continental Europe were led by pharmaceutical giant Novo Nordisk (NVO) and healthcare company Grifols (GRFS), which shed 8.6%.which fell 4.5% and respectively.They were followed by biotech company Inventiva (IVA), which declined 3.3%.From the UK and Ireland, the gainers were led by banking and insurance company NatWest (NWG) and semiconductor company Arm (ARM), which rose 4% and 3.1% respectively.The decliners from the UK and Ireland were led by analytics provider RELX (RELX), which dropped 3.7%. Business services group Rentokil Initial (RTO) shed 2.2% and telecom Vodafone (VOD), lost 2.1%.

$ARM$BBVA$FOCL$GRFS$IVA$MT$NVO$NWG$RELX$RTO$VOD
Sectors

Sector Update: Financial Stocks Lean Lower Pre-Bell Friday

Financial stocks were leaning lower pre-bell Friday, with the State Street Financial Select Sector SPDR ETF (XLF) slightly declining.The Direxion Daily Financial Bull 3X Shares (FAS) was 0.3% lower and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was up 0.1%.NatWest Group (NWG) stock was up more than 3% after the company posted higher Q2 earnings and revenue.WisdomTree (WT) shares were up more than 2% after the company posted higher Q2 adjusted earnings and revenue.Sumitomo Mitsui Financial (SMFG) shares were down 0.3% even after the company reported higher fiscal Q1 earnings and ordinary income.

$FAS$FAZ$NWG$SMFG$WT$XLF
Sectors

Sector Update: Financial

Financial stocks were leaning lower pre-bell Friday, with the State Street Financial Select Sector SPDR ETF (XLF) declining by 0.1%.The Direxion Daily Financial Bull 3X Shares (FAS) was 0.1% lower and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 0.2%.NatWest Group (NWG) stock was up more than 4% after the company posted higher Q2 earnings and revenue.

$NWG
Research

Research Alert: CFRA Lowers Opinion On Adss Of Natwest Group To Hold From Buy

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We cut our 12-month target price for NatWest Group to USD17 from USD19. Our target price is derived by applying a P/E multiple to our 2026 EPS forecast. We now apply a target multiple of 8.0x, down from 9.3x, to reflect the more cautious near-term outlook and heightened macroeconomic risks highlighted in the Group's Q1 2026 results. While we lower our rating by a notch, our view is still largely positive, anchored by a compelling valuation discount to peers, sustained structural hedge tailwinds, and proven cost discipline. However, our thesis is now tempered by a more cautious near-term outlook following Q1 results, which revealed emerging macroeconomic headwinds and specific margin pressures. While the long-term strategic expansion into wealth management via Evelyn Partners remains sound, we believe the path to a share price re-rating now requires navigating these more pronounced near-term challenges.

$NWG
Research

Research Alert: Natwest Q1 2026 Beat; Top-end Guidance Achievable Despite Credit Uptick

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:NatWest delivered robust Q1 2026 results with attributable profit of GBP1,432M (+14.4% Y/Y), beating consensus expectations of GBP1,337M, while maintaining RoTE at 18.2%. Total income of GBP4,358M grew 9.5% Y/Y despite declining 0.8% Q/Q due to seasonal factors, with NIM expanding 20 bps to 2.47% supported by deposit repricing dynamics. The bank demonstrated disciplined cost management with cost-to-income ratio improving 210 bps Y/Y to 46.5%, leveraging operational efficiency and AI deployment. Management upgraded 2026 income guidance to the top end of the GBP17.2-17.6B range, though this requires sustained momentum through year-end. Credit quality remained controlled with impairment losses of GBP283M (26-bp loan impairment rate) reflecting economic uncertainty, while CET1 ratio strengthened 30 bps to 14.3% from robust capital generation. We view the upgraded guidance as achievable but not locked in given macro uncertainty, supported by continued structural hedge income growth and strong lending momentum.

$NWG

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