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Stock impact report

European Banks Still Have Upside After Market-Leading 2024 Gains [Yahoo! Finance]

NatWest Group plc American Depositary Shares (NWG) 
Company Research Source: Yahoo! Finance
Most Read from Bloomberg Hong Kong's Expat Party Hub Reshaped by Chinese Influx Brace for a Nationwide Shuffle of Corporate Headquarters City Hall Is Hiring American Institute of Architects CEO Resigns Cloud Computing Tax Threatens Chicago's Silicon Valley Dream Lenders are the top-performing equity group in Europe in 2024, up 26% year-to-date. But slowing economic growth, lower interest rates and political turmoil are among the challenges stacking up for the sector. “At first look, the current environment looks challenging for the European banks,” Barclays analysts including Paola Sabbione and Flora Bocahut wrote in a note Friday. “This leads some to ask, why invest in the European banks if net interest income will decline on lower rates and provisions increase in a dull macro environment? We disagree with that view and continue to find European banks attractive.” The Barclays analysts said stock prices still don't reflect the structural improvements of lenders in te Show less Read more
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