UK bank NatWest has reported a 25.7 per cent rise in quarterly profits and upgraded its forecasts for the year thanks to improved margins and growth in its lending and deposit base.
Pre-tax operating profit in the three months to September was £1.7bn, compared with £1.3bn in the same period last year and above analyst expectations of £1.5bn. Revenues rose to £3.7bn, slightly above forecasts.
The bank now expects its return on tangible equity — a key measure of profitability — to be above 15 per cent this year, compared with a previous forecast of 14 per cent.
您已阅读29%（564字），剩余71%（1413字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。