NatWest Group PLC ADR
NWG: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.WZ | LOCK|Zbmg | LOCK|cJtvJZ |
NatWest Is a Solid UK Bank
Business Strategy and Outlook
Once the biggest bank in the world, NatWest Group is now a much smaller and mostly UK-focused bank with a good retail and commercial banking franchise. The bank also stands on a more solid footing than it has ever had during the last decade. The largest litigation and conduct issues—such as the residential mortgage-backed securities case in the US and the redress for mis-sold payment protection insurance, which had been significant headwinds to performance over the recent past—have come to a close.
