Report
Derya Guzel
EUR 100.00 For Business Accounts Only

RBS Starts 2018 Well; While Results Are Somewhat Encouraging, Litigation Remains as Downside Risk

Royal Bank of Scotland booked GBP 792 million attributable profit for the first quarter, more than triple its GBP 259 million in the year-ago quarter. RBS’ total revenue line increased 3% during the quarter, supported by an 18% increase in non-interest-income-related items, while net interest income saw a 4% decline year over year. Within the revenue-generating items, RBS kept fees flat as trading income increased 4%. 
A boost in the bottom line mainly came from the cost line through a sharp dec...
Underlying
NatWest Group Plc

Royal Bank of Scotland Group is a banking and financial services company. Co.'s activities are organized in franchise basis; Personal and Business Banking (PBB) comprising UK PBB and Ulster Bank RoI segment, which serve individuals and small businesses in the U.K. and the Republic of Ireland; Commercial & Private Banking comprising, Commercial Banking and Private Banking segment, which serve commercial, corporate and private banking in the U.K. and Western Europe; RBS International, which serves retail, commercial and financial institution in Jersey, Luxembourg and London; and NatWest Markets, which provides risk management and financing solutions through its trading and sales operations.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Derya Guzel

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