Summary Marketline's Lloyds Banking Group plc Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Lloyds Banking Group plc - Mergers & Acquisitions (M&A), Partnerships & Alliances since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances a...
Summary Lloyds Banking Group Plc - Company Profile and SWOT Analysis, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Lloyds Banking Group Plc (Lloyds) is a provider of a wide range of banking and other financial services primarily in the UK. Its portfolio of offerings comprises current and savings accounts, c...
Summary Barclaycard - Company Profile and SWOT Analysis, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Barclaycard (Barclay) is a division of Barclays Bank Plc that provides payment and card solutions. Its product portfolio includes charge and credit cards and balance transfer credit cards. The company’s ser...
More Downside to Lead to Buying Opportunity? Market dynamics remain largely bearish and unchanged, and we are sticking with our call that breaks of supports (3910 on S&P 500, $177.50 on IWM, and $279 on QQQ, all broken on Dec. 15) are likely to result in a test of the 2022 lows. The Nasdaq 100 (QQQ) is already testing its 2022 lows, but the S&P 500 and Russell 2000 (IWM) are still 6-9% above their 2022 lows. Depending on how the market responds to its 2022 lows, that could be a better area to i...
Stick With Energy and Financials Indexes and Sectors remain extremely mixed which we believe is likely to remain the case moving forward. Attractive Sectors include Energy and Financials, (and to a lesser extent Staples and Utilities) and these areas remain our primary focus. S&P 500. The S&P 500 held above short-term support at the 200-day MA (currently 4446); as long as this level holds we view it as a bullish sign for the SPX and broad market, as it would mean the January breakdown below th...
NATWEST GROUP (GB), a company active in the Money Center Banks industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 4 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date December 31, 2021, the closing price was GBp 225.70 and its pot...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
We look at the progress in unsecured bond supply of the largest banks in 11 European countries, covering 28 bond issuers. We estimate that these banks have, on a year-to-date basis, completed on average 52% of their 2021 (unsecured) funding programmes. We consider banks in Belgium, Spain and France to be especially well positioned in terms of issuance progress as compared with expected total funding for the year. Banks in Austria, Denmark and the Netherlands may be more active in 2H21.
NatWest Group plc (NatWest or the Group) reported a profit after tax of GBP 713 million in Q1 2021, compared to a profit of GBP 331 million in Q1 2020 and a loss of GBP 20 million in Q4 2020, mainly driven by lower operating expenses and impairment releases due to the low levels of defaults and improving underlying credit fundamentals in Stage 1 and 2 loans. The Group's Return on Tangible Equity (RoTE) improved to 7.9% in Q1 2021 (vs. 3.6% in Q1 2020 and -1.4% in Q4 2020), and this compares to a...
UK banks HSBC, Lloyds Banking Group, NatWest Group and Standard Chartered have reported their 1Q21 numbers, while Barclays is set to report tomorrow. The general message so far regarding loan quality has been rather reassuring, with three of these banks improving guidance for cost of risk in 2021.
The Financial Conduct Authority (FCA) announced it has started criminal proceedings against National Westminster Bank Plc (NatWest) on Tuesday 16 March 2021. The FCA has charged NatWest with breaching the UK's Money Laundering Regulations 2007 (MLR 2007), and NatWest is scheduled to appear at Westminster Magistrates’ Court on 14 April 2021. DBRS Morningstar views NatWest's financial performance could be affected by a financial penalty and costs related to risk management issues. Money launderin...
NatWest Group plc (NatWest or the Group) reported a loss after tax of GBP 20 million in Q4 2020, compared to a gain of GBP 1.5 billion in Q4 2019. In FY20, the loss was GBP 434 million (vs. gain of GBP 3.8 billion, which included about GBP 2.1 billion of notable one-off items in FY19 as the pressure from the pandemic on revenues materialised through lower fee and commission income as well as high loan loss provisions. The loss attributable to ordinary shareholders was GBP 109 million in Q42020, ...
NatWest Group continues to struggle with its profitability, booking another loss for 4Q20 and FY20. We consider the 2023 profitability targets as challenging. The group has a very strong capital position, although we note that the CET1 ratio is likely to decline this year with the expected RWA inflation. The 2021 supply will be driven by MREL needs.
NatWest Group plc (NatWest or the Group) reported a profit after tax of GBP 148 million in Q3 2020, compared to a loss of GBP 0.9 billion in Q2 2020, and a loss of GBP 209 million in Q3 2019. In 9M 2020, the loss was GBP 414 million (9M 2019: GBP 2.3 billion, reflecting non-recurring gains from strategic disposals of GBP 1 billion in Q2 2019). The profit attributable to ordinary shareholders was GBP 61 million in Q3 2020, and, in 9M 2020, it was a loss attributable to ordinary shareholders of GB...
In Q2 2020 NatWest Group plc (NatWest or the Group) generated a loss before tax of GBP 1.3 billion, compared to GBP 519 million profit in Q1 2020 and GBP 1.7 billion profit in the same quarter last year. The loss was driven by a significant increase in the cost of risk and intensification of revenue pressures due to the COVID-19 pandemic. In H1 2020 the loss attributable to ordinary shareholders was GBP 705 million (H1 2019: GBP 2 billion attributable profit).
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