NatWest Group (GB:NWG) has released an update.
NatWest Group has reported a slight decline in profit for the half-year ended 30 June 2024, posting a total profit of £2,239 million compared to £2,420 million in the previous year, with a modest decrease in total comprehensive income for the period. The bank’s net interest income saw a decrease despite a rise in interest receivable, while non-interest income also fell. Total assets slightly dipped from £692,673 million at the end of December 2023 to £690,338 million in June 2024, indicating a relatively stable balance sheet.
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