The company said, “In 2024 we now expect: to achieve a return on tangible equity above 14%. income excluding notable items to be around GBP 14.0 billion. Group operating costs, excluding litigation and conduct costs, to be broadly stable compared with 2023 excluding around GBP 0.1 billion increase in bank levies and GBP 24 million of costs in relation to the potential retail share offering by HM Treasury. our loan impairment rate for 2024 to be below 15 basis points.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NWG:
- NWG Upcoming Earnings Report: What to Expect?
- Amazon Stock (NASDAQ:AMZN): 3 Bullish Signals and 1 Bearish Before Q2
- Nvidia downgraded, Tesla upgraded: Wall Street’s top analyst calls
- Lloyds Banking upgraded to Outperform from Neutral at Exane BNP Paribas
- NatWest Group price target raised to 370 GBp from 350 GBp at JPMorgan