NatWest Group Plc ADS/$NWG

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About NatWest Group Plc ADS

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

NYSE

Employees

61,651

NWG Metrics

BasicAdvanced
$58B
17.87
$0.81
0.97
$0.63
3.44%

Bulls say / Bears say

NatWest delivered an 18% rise in H1 2025 pretax profit to £3.6 billion, beating forecasts and enabling a new £750 million share buyback alongside an upgraded 16.5% return on tangible equity forecast
The bank’s Q1 2025 net profit jumped 36% year-on-year to £1.8 billion, with impairments contained at £189 million, underscoring strong core earnings resilience and prudent risk management
Integration of Sainsbury’s Bank in Q2 2025 added £2.2 billion in customer balances and supported an £8 billion increase in overall loans, driving an 11.9% rise in total income and improved deposit margins
Dependence on the UK domestic market leaves NatWest vulnerable to a slowdown in business sentiment and potential rises in credit defaults, as its loan book is almost entirely UK-focused and recent reports indicate weakening domestic economic conditions
Market fears over a proposed new tax on banks’ interest earnings from Bank of England reserves, estimated to target £22 billion annually, could materially reduce NatWest’s net interest margin and international competitiveness if enacted
Heightened competition following Santander’s acquisition of TSB threatens to erode NatWest’s UK market share and exert pressure on its retail banking margins as rivals consolidate scale
Data summarised monthly by Lightyear AI. Last updated on 1 Sept 2025.
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.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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