NatWest Group PLC (NYSE:NWG) Maintains Strong Position Amid Positive Financial Performance
RBC Capital maintains a "Sector Perform" rating for NYSE:NWG, highlighting the bank's 30% increase in third-quarter profit and upgraded performance targets.NatWest reports impressive financial metrics, including a 22% Return on Tangible Equity (RoTE) and a Net Interest Margin (NIM) of 2.37%, with a strong capital reserve indicated by a Common Equity Tier 1 (CET1) ratio of 14.2%.The bank's strategic structural hedging and valuation, including a price of 1.58 times its Tangible Net Asset Value (TNAV) and a yi ...