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Pleased with results and happy with my paltry £1250 purchase at 175p! Holding long term for divis
What price when sell to Sid now I wonder
You are both correct its all in the wording. JJ
Based on current price the next div is a 4.8% return.
As sometimes happens, LSE is not quick enough off the mark, the correct yield at the present price is 7.5% making the price still quite a bargain IMO.
Worked for me. Topped up in the dip.
Banking sector broke above two price pivots , which is bullish . NWG, on current volume today, I project to have a 26 day highest volume, of 50 million traded .
Was surprised by the dip first thing .
Bunch of crooks ,
Certainly a nice profit and divi payment
Just listened to the results presentation where it was confirmed Natwest has no exposure to the FCA investigation on car loan commissions. I think that will weigh heavy on the Lloyds price in the coming months / years but bullet dodged for Natwest shareholders!
It's not just here, all the big banks are sub 10. Lloyds Barclays and HSBC. I guess banks are too close to economic turmoil so they are seen as risky.
At it's finest. LSE never lets you down. Let's open it up 2% down, take some stop losses, panic the retail investor, so the main players can hoover up their shares before we take it up to where it should have opened anyway on those set of results.
Plenty of capital to buy back shares as well.
Online definition
"Typically, the average P/E ratio is around 20 to 25. Anything below that would be considered a good price-to-earnings ratio, whereas anything above that would be a worse P/E ratio. "
Lol
NWG currently running around 4
What time is the sell off going to start
Yer, surprised by the initial dip, so bought a few, but not sure how long I want to keep them as anything can happen and the future might not be so rosy, but for a few months, especially leading up to xd, we should be ok.
Afterall RBS/Halifax etc were making 'record' profits, just before total collapse in around 2007!
Stocks to watch
NatWest Bank reported a 20% rise in operating profit and confirmed Paul Thwaite as chief executive on a permanent basis. The bank on Friday said 2023 operating profit came in at £6.1bn. Total income rose to £14.7bn, up from £13.1bn a year earlier. Thwaites had been given a one-year contract last July after the departure of his predecessor Alison Rose, who resigned after she broke client confidentiality in relation to the closure of hard-right political activist Nigel Farage account with NatWest's Coutts banking unit.
TBC Bank Group reported significant increases in net interest income, of 26.8%, and net fee and commission income, of 27.8%, in its full-year results on Friday, leading to total operating income of GEL 2.37bn (£0.71bn), up 14.6%. Despite a 36% increase in its total credit loss allowance and a 24.2% rise in operating expenses, the bank still achieved a profit before tax of GEL 1.33bn, up 7%. After a 20.3% fall in income tax expenses, the bank reported a profit for the period of GEL 1.14bn, up 13.6% year-on-year.
Please do your own research as always and follows FCA guidelines.
Typical inverse market reaction, beats expectations SP down, of course, madness
Wow shorts G-Y Bears fcked today
Hello Kitty says Hodl.
Https://www.cityam.com/natwest-records-jump-in-profit-and-hikes-dividend-as-bank-benefits-from-higher-rates/
Natwest records jump in profit and hikes dividend as bank benefits from higher rates
Please do your own research as always and always follow FCA guidelines
Selloff?....its positive now
Selloff at open...
NatWest Says Revenue Likely to Drop This Year as High Rates Bite https://www.bloomberg.com/news/articles/2024-02-16/natwest-says-revenue-likely-to-drop-this-year-as-high-rates-bite
Final div declared. 11.5pps. Xd 14 Mar 24. Paid 29 Apr 24. Rgds, S
Plus CEO confirmed, seems decent enough overall to get the back up some.
Yep these are good results, dividend is above what I expected too
Often looks great but investors will find something bad or to fear about and will selloff at open