NatWest's Profitability Outlook Could Be Unsustainable -- Market Talk

Dow Jones

Feb 14, 2025

0932 GMT - NatWest's profitability guidance could be unsustainable, Shore Capital analyst Gary Greenwood writes in a research note. The U.K. lender guided for its return on tangible equity--a key measure of profitability--to land in the 15% to 16% range in 2025, and to stay over 15% in 2027. This represents an uplift from its previous guidanceand aligns with consensus expectations.. "While a RoTE of this magnitude may be achievable in the near-term, we worry whether it will being sustainable over the longer-term given competitive pressure and the risk that such a return could attract the wrong sort of political and regulatory attention," Greenwood notes. Shares trade 1.7% lower at 429.4 pence. (elena.vardon@wsj.com)

(END) Dow Jones Newswires

February 14, 2025 04:32 ET (09:32 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www-web.itiger.com/news/2511165758"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2511165758\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2511165758?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-14 17:32","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2511165758","market":"sh","top_or_hot":-1,"title":"NatWest's Profitability Outlook Could Be Unsustainable -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0932 GMT - NatWest's profitability guidance could be unsustainable, Shore Capital analyst Gary Greenwood writes in a research note. The U.K. lender guided for its return on tangible equity--a key measure of profitability--to land in the 15% to 16% range in 2025, and to stay over 15% in 2027. This represents an uplift from its previous guidanceand aligns with consensus expectations.. \"While a RoTE of this magnitude may be achievable in the near-term, we worry whether it will being sustainable over the longer-term given competitive pressure and the risk that such a return could attract the wrong sort of political and regulatory attention,\" Greenwood notes. Shares trade 1.7% lower at 429.4 pence. (elena.vardon@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 14, 2025 04:32 ET (09:32 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NatWest's Profitability Outlook Could Be Unsustainable -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNatWest's Profitability Outlook Could Be Unsustainable -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-02-14 17:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0932 GMT - NatWest's profitability guidance could be unsustainable, Shore Capital analyst Gary Greenwood writes in a research note. The U.K. lender guided for its return on tangible equity--a key measure of profitability--to land in the 15% to 16% range in 2025, and to stay over 15% in 2027. This represents an uplift from its previous guidanceand aligns with consensus expectations.. \"While a RoTE of this magnitude may be achievable in the near-term, we worry whether it will being sustainable over the longer-term given competitive pressure and the risk that such a return could attract the wrong sort of political and regulatory attention,\" Greenwood notes. Shares trade 1.7% lower at 429.4 pence. (elena.vardon@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 14, 2025 04:32 ET (09:32 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NWG","symbol_name":"NatWest Group","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2511165758","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2511165758","pubTimestamp":1739525520,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0932 GMT - NatWest's profitability guidance could be unsustainable, Shore Capital analyst Gary Greenwood writes in a research note. The U.K. lender guided for its return on tangible equity--a key measure of profitability--to land in the 15% to 16% range in 2025, and to stay over 15% in 2027. This represents an uplift from its previous guidanceand aligns with consensus expectations.. \"While a RoTE of this magnitude may be achievable in the near-term, we worry whether it will being sustainable over the longer-term given competitive pressure and the risk that such a return could attract the wrong sort of political and regulatory attention,\" Greenwood notes. Shares trade 1.7% lower at 429.4 pence. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"NWG":"NatWest Group","BK4207":"综合性银行"},"translate_title":"NatWest的盈利前景可能不可持续——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NWG":0.9},"content_text":"0932 GMT - NatWest's profitability guidance could be unsustainable, Shore Capital analyst Gary Greenwood writes in a research note. The U.K. lender guided for its return on tangible equity--a key measure of profitability--to land in the 15% to 16% range in 2025, and to stay over 15% in 2027. This represents an uplift from its previous guidanceand aligns with consensus expectations.. \"While a RoTE of this magnitude may be achievable in the near-term, we worry whether it will being sustainable over the longer-term given competitive pressure and the risk that such a return could attract the wrong sort of political and regulatory attention,\" Greenwood notes. Shares trade 1.7% lower at 429.4 pence. (elena.vardon@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 14, 2025 04:32 ET (09:32 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}