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NWG - NatWest Group: Continued Loan Growth Encouraging Despite Pressure On Net Interest Income
NatWest Group plc American Depositary Shares
2024-05-02 15:38:18 ET
Summary
NatWest Group has seen short-term pressure on earnings.
However, loans to customers have continued to see an increase.
With consumer confidence in the UK rising, ECL provisions are showing signs of a decrease.
I continue to take a bullish view on NatWest Group.
Investment Thesis: I take the view that NatWest Group (NWG) has the capacity to see further upside based on continued growth in loans to customers and a decrease in ECL provisions....