Half Year 2024 NatWest Group PLC Earnings Call Transcript

Author's Avatar
Jul 26, 2024

Jul 26, 2024 / 08:00AM GMT
Operator

Good morning, and welcome to the NatWest Group H1 results 2024 management presentation. Today's presentation will be hosted by CEO, Paul Thwaite; and CFO, Katie Murray. After the presentation, we will take questions.

Paul Thwaite - NatWest Group PLC - Group Chief Executive Officer, Executive Director

Good morning, and thank you for joining us today. I'll start with a business update, Katie will take you through the financial performance, and then we'll open it up for questions. You will have seen that it's been a busy first half. We announced our acquisition of a mortgage portfolio from Metro Bank today, our transaction with Sainsbury's last month, and we've also grown our customer base organically by over 200,000.

We are closing our hub in Poland as we continue to simplify the business, and our directed buyback in May further reduced the government shareholding, which is almost halved to less than 20%. These are good examples of our progress that I'll come back to later. At the same time, we've been working hard to support our customers, and this

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot