NatWest's Upgraded Guidance in Focus -- Market Talk
Dow Jones
May 01
0712 GMT - NatWest's upgraded income guidance will be the focus of the U.K. bank's results, Jefferies says in a research note. The group expects total income excluding notable items to be at the higher end of its guided range as it now assumes no interest-rate cuts compared with two before. Consensus are already above the higher end of the range, analysts write. "The standout here [was] the balance sheet. Loans were up nearly 2% in the quarter, with deposits 0.7% higher despite what is usually a weaker three-months around tax season," they add. Shares open 3.5% lower. (elena.vardon@wsj.com)
(END) Dow Jones Newswires
May 01, 2026 03:12 ET (07:12 GMT)
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