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NatWest Group Q2 Earnings Call Highlights
['Logan Wallace']
Ticker Report
For the first half, NatWest said income growth of 8.9% exceeded cost growth of 4.5%, reducing the cost-income ratio by 2.8 percentage points to 46%.
NatWest reported a total MREL ratio of 30.6%, a total capital ratio of 18.9% and a leverage ratio of 4.7%.
About NatWest Group (NYSE:NWG)NatWest Group plc is a major UK-based banking and financial services group headquartered in Edinburgh, Scotland.
The company traces its roots to the Royal Bank of Scotland, founded in 1727, and adopted the NatWest Group name in 2020 as part of a strategic refocus on its NatWest brand.
NatWest Group is listed on the London Stock Exchange and also has American depositary shares trading on the New York Stock Exchange under the symbol NWG.