NatWest Group PLC (XAMS:RBS)
€ 4.93 0 (0%) Market Cap: 56.60 Bil Enterprise Value: -71.56 Bil PE Ratio: 7.10 PB Ratio: 0.74 GF Score: 73/100

Royal Bank of Scotland Group PLC at Morgan Stanley European Financials Conference Transcript

Mar 19, 2019 / 08:50AM GMT
Unidentified Analyst

Thank you, everyone, for coming to this RBS Presentation with CEO, Ross McEwan. As usual, we're going to start with a polling question first, and then we're going to do a fireside chat format for this session.

So the question, the polling question, is management has pointed out Brexit uncertainly has created downside risk to the cost income target. However, they've maintained the over 12% ROTE target. What do you think is the most important lever to achieve this target? Number one, a steeper yield curve post-Brexit; number two, some easing in mortgage competition; number three, improvements in revenues at NatWest Markets; number four, loan loss provisions remaining low as Brexit risks materialized; number five, share buybacks and capital return exceeding expectations.

(Voting)

Unidentified Analyst

So a bit mixed but steeper yield curve and share buybacks. So with that, it'd probably be good to (inaudible).

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