NatWest Group Income Statement

Financials in millions GBP. Fiscal year is January - December.

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Interest Income on Loans	25,608	25,187	21,026	12,637	9,234	9,711
Interest Paid on Deposits	13,252	13,912	9,977	2,795	1,699	2,322
Net Interest Income	12,356	11,275	11,049	9,842	7,535	7,389
Net Interest Income Growth (YoY)	12.89%	2.04%	12.26%	30.62%	1.98%	-5.26%
Income From Trading Activities	1,192	825	794	1,133	323	1,125
Gain (Loss) on Sale of Assets	31	31	-21	-5	18	-3
Gain (Loss) on Sale of Investments	-19	-19	-43	-168	117	96
Gain (Loss) on Sale of Equity Investments	19	19	-9	-30	216	-30
Other Non-Interest Income	2,563	2,572	2,979	2,545	2,365	2,208
Total Non-Interest Income	3,786	3,428	3,700	3,475	3,039	3,396
Non-Interest Income Growth (YoY)	9.20%	-7.35%	6.48%	14.35%	-10.51%	-33.81%
Revenues Before Loan Losses	16,142	14,703	14,749	13,317	10,574	10,785
Provision for Loan Losses	601	359	578	337	-1,173	3,098
Revenue	15,541	14,344	14,171	12,980	11,747	7,687
Revenue Growth (YoY)	11.06%	1.22%	9.18%	10.50%	52.82%	-37.02%
Salaries and Employee Benefits	4,020	3,936	3,788	3,671	3,676	3,878
Occupancy Expenses	2,409	2,269	2,087	1,945	1,971	2,135
Selling, General & Administrative	1,569	1,649	1,766	1,686	2,026	1,845
Total Non-Interest Expense	7,998	7,854	7,641	7,302	7,673	7,858
EBT Excluding Unusual Items	7,543	6,490	6,530	5,678	4,074	-171
Other Unusual Items	-283	-295	-352	-546	-145	-382
Pretax Income	7,260	6,195	6,178	5,132	3,844	-553
Income Tax Expense	1,645	1,465	1,434	1,275	996	74
Earnings From Continuing Operations	5,615	4,730	4,744	3,857	2,848	-627
Earnings From Discontinued Operations	69	81	-112	-262	464	193
Minority Interest in Earnings	-1	-9	4	-6	-44	62
Net Income	5,683	4,802	4,636	3,589	3,268	-372
Preferred Dividends & Other Adjustments	349	283	242	249	318	381
Net Income to Common	5,334	4,519	4,394	3,340	2,950	-753
Net Income Growth	19.34%	3.58%	29.17%	9.82%	-	-
Basic Shares Outstanding	8,089	8,450	9,164	9,872	10,792	11,231
Diluted Shares Outstanding	8,165	8,516	9,219	9,929	10,837	11,231
Shares Change (YoY)	-5.86%	-7.63%	-7.15%	-8.38%	-3.51%	-0.06%
EPS (Basic)	0.66	0.53	0.48	0.34	0.27	-0.07
EPS (Diluted)	0.65	0.53	0.48	0.34	0.27	-0.07
EPS Growth	25.82%	11.25%	42.08%	23.47%	-	-
Dividend Per Share	0.190	0.215	0.170	0.135	0.113	0.032
Dividend Growth	-19.15%	26.47%	25.93%	19.36%	250.16%	50.23%
Effective Tax Rate	22.66%	23.65%	23.21%	24.84%	25.91%	-

Source: S&P Global Market Intelligence. Banks template. Financial Sources.