We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Natwest Group Plc | LSE:NWG | London | Ordinary Share | GB00BM8PJY71 | ORD 107.69P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
4.20 | 1.47% | 290.10 | 290.00 | 290.10 | 290.80 | 285.00 | 288.00 | 31,203,921 | 15:55:59 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Commercial Banks, Nec | 14.77B | 4.64B | 0.5271 | 5.46 | 25.3B |
By Julie Steinberg
Citizens Financial Group Inc. (CFG) reported a 40% drop in third-quarter profit as the regional lender announced its first earnings results since it returned to the U.S. stock market as a publicly traded company in September.
The Providence, R.I., firm said it earned $189 million in the quarter, down from $313 million a year earlier. On a per-share basis, the bank's earnings fell to 34 cents from 54 cents a year earlier.
Per-share earnings in the quarter were brought down by two cents in restructuring costs, while prior-year earnings included a 19-cent per-share benefit.
Revenue fell 21.2% to $1.16 billion, as noninterest income fell 46.7% to $341 million.
Citizens went public on Sept. 24 and its stock rose 7.4% on its first day of trading after it was priced below expectations the day before. The lender's parent, Royal Bank of Scotland Group PLC (RBS), has reduced its stake in the firm by a quarter and has said it will exit its holdings completely by the end of 2016.
Like other regional banks, Citizens is facing stubbornly low interest rates that have limited interest income.
Write to Julie Steinberg at julie.steinberg@wsj.com
Access Investor Kit for Royal Bank of Scotland Group Plc
Visit http://www.companyspotlight.com/partner?cp_code=A591&isin=GB00B7T77214
Access Investor Kit for Royal Bank of Scotland Group Plc
Visit http://www.companyspotlight.com/partner?cp_code=A591&isin=US7800976893
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
1 Year Natwest Chart |
1 Month Natwest Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions