EDINBURGH, Britain (AP) — NatWest Group plc (NWG) on Friday reported net income of $1.58 billion in its second quarter. The Edinburgh, Britain-based bank said it had earnings of 35 cents per share. This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research.
NatWest has increased its dividend by 9% despite profit and income falling in the half-year.
The bank’s first-half figures showed a 16% fall in pre-tax operating profits to £3 billion for the six months to June 30.