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Posted by
Two Blokes May 8 -
Filed in
Stock
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Shares of British bank NatWest Group have continued their outstanding run, with the ADSs now up around 30% so far in 2025. First quarter results were excellent, with the bank beating on both revenue and earnings, with the latter mapping to an incredibly strong high-teens return on tangible equity. NatWest shares trade for roughly 1.4x tangible net asset value. Given the strength of its earnings, this remains justified.
