UK 11:30 Sunday, 25 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I hope that the old renamed Royal Bank of Scotland did not spend too much money on its rebranding, as calling themselves NatWest Group (NWG) did not require that many brain cells. Sadly, a change of name did not immediately change prospects. After all, it does not matter if you have a mortgage heavy book or not. In today’s world, you are not going to immediately change your prospects if you are a bank. NatWest Group trades even more cheaply than Lloyds Bank (LLOY) at x0.4 price:tangible book, but then it does have the disadvantages of higher loan-to-value mortgages and the government on its shareholder register (owning a cool 62%).
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