The Royal Bank of Scotland Group plc (RBS) is a Scottish multinational banking and financial services company headquartered in Edinburgh, Scotland. The RBS share price has been on a rollercoaster ride over the past decade, and it’s currently at its lowest point since the crash of 2008. Many factors have contributed to this decline, including the UK’s vote to leave the European Union, concerns about the health of the global economy, and RBS’s own history of mismanagement and scandal.
Despite all of these challenges, RBS remains one of the biggest banks in the world, with a strong presence in both Europe and North America. And while its share price may be down at the moment, there are signs that RBS is starting to turn things around.
The RBS share price has been on a rollercoaster ride in recent years. After hitting an all-time high of over £8 in early 2007, the shares fell to just over £1 during the financial crisis. They then recovered to around £6 in 2013 before falling back below £3 in 2016.
Despite these volatile swings, the long-term trend for the RBS share price is definitely upwards. The bank has been through some tough times but is now on a much stronger footing. With its massive global reach and strong fundamentals, RBS is well positioned to benefit from any future economic growth.
If you’re looking for a big bank with a solid dividend yield, then RBS could be worth considering at current levels.
Barclays Share Price
The Barclays share price is down today after the bank released its half-year results.
Barclays reported a profit of £1.6 billion for the first half of the year, down from £2.1 billion in the same period last year. The decline was driven by lower income from investment banking and higher costs associated with restructuring the business.
The shares are currently trading at around 185p, down from 190p this morning. This is not the first time that Barclays shares have come under pressure this year. In March, the shares fell sharply after the bank announced plans to raise £5.8 billion of new capital through a rights issue and share placement.
At that time, Barclays also announced plans to cut 3,700 jobs as part of a wider cost-saving plan. Given the challenges facing Barclays, it is not surprising that investors are cautious about the shares at present. However, with a market capitalisation of over £30 billion, Barclays remains a significant player in the banking sector and could be worth considering for long-term investors willing to take on some risk.
Why is Rbs Share Price Dropping?
RBS share price is dropping due to a number of reasons. Firstly, the Brexit vote has created uncertainty in the markets and RBS is a UK-based bank. This means that there is a risk that RBS could be adversely affected by any negative fallout from Brexit.
Secondly, RBS reported a loss in its half-year results, which has spooked investors. The loss was largely due to write-downs on the value of its US business Citizens. This has led to concerns that RBS may not be able to sell Citizens at the price it wants, or even at all.
Finally, there are fears that the UK economy could slow down in the second half of 2016, which would hit banks’ profits hard.
What Happened to My Royal Bank of Scotland Shares?
If you’re a shareholder in the Royal Bank of Scotland (RBS), you may be wondering what happened to your shares.
In 2008, the RBS share price collapsed amid the global financial crisis and the bank had to be bailed out by the UK government. This meant that many shareholders saw the value of their investment plummet.
However, in recent years there has been some positive news for RBS shareholders. The bank has started to pay dividends again and its share price has risen steadily, although it is still below its pre-crisis level. Looking ahead, it remains to be seen how RBS will perform in the coming years but if you’re a patient investor, there could be potential for long-term growth.
Is Rbs Making a Profit?
Yes, RBS is making a profit. In 2019, the bank reported a Profit before tax of £792 million, which was an improvement from the previous year’s loss of £7.9 billion. This was driven by strong results in the first half of the year, offset by a challenging second half.
The bank attributed its success to good progress on its strategic priorities and cost-saving initiatives. Looking ahead, RBS said it remains focused on returning to sustainable profitability and delivering shareholder value.
How Much are Natwest Shares Worth Today?
Today, shares of NatWest are worth £1.50 each. The company has a market capitalization of £20.85 billion, and its 52-week high and low prices are £2.00 and £1.32 per share, respectively.
RBS in "tailspin" as share price slumps
The RBS share price has fallen sharply in recent months, but some analysts believe it could be a good time to buy. The shares are now trading at around half their pre-crisis levels, and the bank has been through a major restructuring since then. It is now focused on its core UK banking business and has sold off non-core businesses.
This means it is less exposed to the problems facing other banks such as those in Europe. And with interest rates expected to rise in the next few years, RBS could benefit from this as well. So there are reasons to be positive about the RBS share price, despite the recent falls.