NatWest Group (GB:NWG) has released an update.
NatWest Group reports a robust first half of 2024 with an operating profit of £3 billion, a notable return on tangible equity of 16.4%, and a 9% increase in interim dividend to 6 pence per share. The Group has experienced growth across all business sectors, added over 200,000 new customers, and is set to incorporate approximately one million customer accounts from Sainsbury’s Bank. With strong capital and liquidity levels, NatWest Group is actively supporting the UK economy and anticipates a return on tangible equity above 14% for the year.
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