NatWest Group WKN: A3DS0H ISIN: GB00BM8PJY71 Forum: Aktien Thema: Hauptdiskussion

NatWest press release (NWG): 1H GAAP EPS of 20.10p. Revenue of £4.5B (+12.5% Y/Y). Return on Tangible Equity (RoTE) of 19.7%. Outlook: In 2026 we expect: • Total income excluding notable items to be around £17.9 billion, including around £275 million relating to Evelyn Partners. Operating expenses, excluding litigation and conduct costs, of around £8.5 billion, including around £300 million relating to Evelyn Partners. Loan impairment rate below 25 basis points. Return on Tangible Equity greater than 19%. Capital generation pre-distributions of greater than 240 basis points, excluding the impact of the Evelyn Partners acquisition on 30 June 2026, equivalent to greater than 100 basis points on a reported basis. In 2028 we continue to expect: • Customer assets and liabilities to grow at a compound annual rate of greater than 4% from the end of 2025 to end of 2028. Cost:income ratio, excluding litigation and conduct costs, below 45%. Return on Tangible Equity greater than 18%. Capital generation pre-distributions of greater than 200 basis points. Capital: • "We continue to target a CET1 ratio of around 13.0%.We continue to expect to pay ordinary dividends of around 50% of attributable profit and now expect our next share buyback announcement to be with our FY 2026 results. We expect Basel 3.1 to increase RWAs by around £10 billion on 1 January 2027. NatWest Group plc (NWG) Presents at Goldman Sachs 30th Annual