NatWest Group PLC
NWG: XLON (GBR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| mSD | LOCK|BqyB^ | LOCK|#$#jcYW |
NatWest Is Growing Its Franchise
Business Strategy and Outlook
NatWest operates a strong retail and commercial banking franchise in the UK. Although the UK market is competitive, we think that NatWest's large deposit share and access to low- or non-interest-bearing funding sources will allow the bank to derive healthy returns.
