RBSpF - NatWest GAAP EPS of 11.00p total income of £3.85B; reaffirms FY23 guidance
2023-07-28 06:01:43 ET
- NatWest press release ( NYSE: NWG ): 1H GAAP EPS of 11.00p.
- Total income of £3.85B (+19.9% Y/Y).
- Common Equity Tier ratio of 13.5% was 70 basis points lower than at 31 December 2022.
- Outlook: We retain the guidance provided in the 2022 Annual Report and Accounts with the exception of full year 2023 Bank NIM which is now expected to be less than 3.20%, with a current view of around 3.15%. This remains subject to market conditions including the assumption of a Bank of England base rate of 5.50% from Q3 2023 through to the end of the year.
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NatWest GAAP EPS of 11.00p, total income of £3.85B; reaffirms FY23 guidance