NWG Earnings
Friday, May 01 2026
Revenue Estimate
$4.3B
Current Price
$16.90
Our Position
neutralBNP Paribas upgrades to Neutral after strong results
est. revisions falling
(-15.6pp / 30d)
The upgrade reflects improving fundamentals — a 19.2% RoTE shows capital efficiency, while the customer growth and digital product push signal the bank is gaining traction beyond traditional lending. BNP's neutral call suggests valuation has caught up to performance, not that momentum is stalling.
Watch: Monitor whether the new insurance products drive fee income diversification and if customer additions continue at the current pace. Any shifts in UK banking regulation or rate policy could swing profitability quickly.
Data Signal Summary
1 bullish
2 bearish
Estimates down -10%
Put/call 0.3 (bullish skew)
Price downtrend
Key Context
Insider Activity
mixed
Price Trend
downtrend
From 52w High
-0.8%
P/E Ratio
9.3
Est. Revisions (30d)
-9.7% 1up/0dn
Analyst Target (mean)
$19 $18–$21 +14%
Options P/C Ratio
0.28
Est. Dispersion
0% 1 analysts
Fund Convergence
strong Citadel, Bridgewater, Two Sigma
Recent Activity
insider trades
2 transactions
Other
·
Massachusetts Financial Services Company
Other
·
BlackRock Investment Management (UK) Ltd.
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