Throughout 2022 UK banks, like NatWest, Lloyds, Barclays, and HSBC enjoyed rallies as the Bank of England was in the early stages of its interest rate hiking cycle.
In April, the firm issued its first quarter statement, and it revealed that net income increased by 12% to £4.1 billion.
The NatWest share price is trending lower and it has been in a downtrend since early June, last week it dropped to an eight week low.
Lloyds is performing well but there are creeping fears the economic environment will deteriorate and that is hanging over the bank.
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