NatWest Group/£NWG

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09:10
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About NatWest Group

NatWest Group derives around 90% of its total income from the United Kingdom. The bank operates a retail, commercial, and private bank in the UK, offering clients lending and payment services as well as asset management services.

Ticker

£NWG
Sector

Primary listing

LSE

Employees

61,651

NatWest Group Metrics

BasicAdvanced
£42B
8.75
£0.60
0.97
£0.22
4.11%

What the Analysts think about NatWest Group

Analyst ratings (Buy, Hold, Sell) for NatWest Group stock.

Bulls say / Bears say

NatWest’s first-half 2025 operating pretax profit rose 18% year-on-year to £3.6 billion, marginally beating analyst forecasts and enabling a £750 million share buyback alongside an upgraded return on tangible equity guidance of 16.5% for the year (Reuters).
A standout driver of NatWest’s performance has been its structural hedging strategy, which helped boost its net interest margin and deliver a return on tangible equity of 18.1% in H1 2025, underpinning confidence in further margin resilience (Financial Times).
The group achieved robust balance-sheet growth in H1 2025, recording £8 billion of loan book expansion—including £2.2 billion from the Sainsbury’s Bank acquisition—and adding over 1.1 million new customers, demonstrating successful execution of its domestic growth strategy (Reuters).
The UK government is reportedly considering a levy on banks’ interest earnings from reserves held at the Bank of England, with industry think-tank IPPR estimating it could tax around £22 billion annually, raising concerns over potential hits to NatWest’s net interest income and competitiveness (Reuters).
NatWest has flagged credit losses in niche sectors, recording a £76 million impairment charge on loans to alternative broadband network providers, reflecting emerging exposure risks amid financial strain in altnet peers (Financial Times).
Analysts caution that the stellar earnings momentum across European banks may decelerate as expected interest rate cuts and rising bad loan provisions could compress margins and pressure future profitability (Reuters).
Data summarised monthly by Lightyear AI. Last updated on 1 Sept 2025.

NatWest Group Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

NatWest Group Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.

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NatWest Group
DividendPayment
£0.095Per share
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