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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Natwest Group Plc | LSE:NWG | London | Ordinary Share | GB00BM8PJY71 | ORD 107.69P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
1.30 | 0.43% | 304.80 | 304.00 | 304.10 | 307.80 | 303.00 | 305.20 | 28,201,198 | 16:35:26 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Commercial Banks, Nec | 14.77B | 4.64B | 0.5271 | 5.77 | 26.74B |
By Matteo Castia
Metro Bank PLC said Friday that it sold a mortgage portfolio to NatWest Group PLC for 3.13 billion pounds ($4.25 billion).
The bank said the portfolio consists of primarily repayment mortgages with an average remaining fixed-rate term of circa two and half years.
"The transaction is in line with Metro Bank's strategy to enhance risk-adjusted returns on capital through the ongoing focus on balance sheet optimization," the company said.
Write to Matteo Castia at matteo.castia@dowjones.com
(END) Dow Jones Newswires
December 18, 2020 13:56 ET (18:56 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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