NatWest Group expects FY24 return on tangible equity above 15%

In 2024 the company now expects: to achieve a return on tangible equity above 15%.; income excluding notable items to be around GBP 14.4 billion; Group operating costs, excluding litigation and conduct costs, to be broadly stable compared with 2023 excluding around GBP 0.1 billion increase in bank levies and GBP 24 million of costs in relation to a retail share offering; loan impairment rate for 2024 to be below 15 basis points.