Earnings Call Summary | NatWest(NWG.US) Q1 2024 Earnings Conference
Earnings Call Summary | NatWest(NWG.US) Q1 2024 Earnings Conference
The following is a summary of the NatWest Group PLC (NWG) Q1 2024 Earnings Call Transcript:
以下是NatWest Group PLC（NWG）2024年第一季度業績電話會議記錄的摘要：
Financial Performance:
財務業績：
NatWest reported Q1 customer lending of £361bn, marking the sixth straight year of lending growth.
Deposit balances exceeded expectations, rising to £420bn.
Assets under management and administration increased to £43bn.
Generated Q1 income was £3.4bn, with costs of £2bn, rendering an operating profit of £1.3bn.
An attributable profit of £0.9bn resulted in a return on tangible equity of 14.2%, with a 3.4% increase in tangible net asset value per share to 302p.
CET1 ratio increased to 13.5% for Q1, which included an accrual of £367m towards interim dividend.
The bank completed a £500m buyback program from the previous year and began a new £300m buyback announced in February 2024.
The net interest margin was 205 basis points, up 6 points from the last quarter.
NatWest報告稱，第一季度客戶貸款爲3610億英鎊，這是貸款連續第六年增長。
存款餘額超出預期，增至4200億英鎊。
管理和管理的資產增加到430億英鎊。
第一季度產生的收入爲34億英鎊，成本爲20億英鎊，營業利潤爲13億英鎊。
9億英鎊的應占利潤使有形資產回報率爲14.2％，每股有形淨資產價值增長3.4％，至302便士。
第一季度CET1比率提高到13.5％，其中包括3.67億英鎊的應計中期股息。
該銀行完成了去年5億英鎊的回購計劃，並於2024年2月開始了新的3億英鎊回購。
淨利率爲205個點子，比上個季度上升6個百分點。
Business Progress:
業務進展：
Net lending to UK corporates continued to rise as business confidence improved.
The bank is planning to complete the existing £300m buyback by July 2024 and has the capacity for another buyback that is set to commence in late May.
Total bank levies for the year are expected to be around £200m, a 50% increase from the previous year.
The bank is expecting to maintain an impairment rate below 20 basis points for full year 2024.
The company is positive about mortgage and commercial sectors and expects to grow in these areas.
Confidence in the market is causing more customer activity, and this trend is expected to continue throughout the year.
The company has factored in some share price movement and Basel III.1 implementation in their capital plans.
The dividends will follow a formulaic policy around a 40% payout, with the prior year's dividends being 17p per share.
Aims of achieving a RoTE target of greater than 13% in 2026 were expressed.
隨着商業信心的改善，對英國企業的淨貸款繼續增加。
該銀行計劃在2024年7月之前完成現有的3億英鎊回購，並有能力進行定於5月下旬開始的另一次回購。
該年度的銀行稅收總額預計約爲2億英鎊，比上年增長50％。
該銀行預計將在2024年全年將減值率維持在20個點子以下。
該公司對抵押貸款和商業領域持樂觀態度，並預計將在這些領域實現增長。
對市場的信心正在導致更多的客戶活動，這種趨勢預計將持續到全年。
該公司在資本計劃中考慮了一些股價變動和巴塞爾協議III.1的實施。
分紅將遵循約40％的派息率的公式化政策，上一年的股息爲每股17便士。
表達了在2026年實現超過13％的RoTE目標的目標。
More details: NatWest IR
更多詳情： NatWest IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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譯文內容由第三人軟體翻譯。