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

Q1 2019 Royal Bank of Scotland Group PLC Interim Management Statement Call Transcript

Apr 26, 2019 / 08:00AM GMT
Operator

Good morning, ladies and gentlemen. Today's conference call will be hosted by Ross McEwan, Chief Executive.

Please go ahead, Ross.

Ross Maxwell McEwan
The Royal Bank of Scotland Group plc - CEO & Executive Director

Thanks very much, Jeannie. And good morning, everyone. Thanks for joining Katie and I.

I'm going to give you an overview of the bank's progress in the first quarter, and then we are happy to take any questions.

Before I get to the results for the first quarter. I'm sure you will have seen that, yesterday, I let the Board know that I will be stepping down as CEO. To reiterate what Howard and I said yesterday: I'll be around for a while to ensure an orderly transition, and there is no change on our commitments to delivering our 2019 and 2020 targets.

For the first 3 months of 2019, we made a pretax operating profit of GBP 1 billion and a bottom line attributable profit of GBP 707 million. These results reflect the challenging environment we are in.

Looking at our financial performance in more detail

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