NatWest Group Balance Sheet

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

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	87,488	92,686	101,090	114,258	153,490	186,353
Investment Securities	121,266	140,365	125,906	102,442	72,850	93,738
Trading Asset Securities	123,225	74,967	93,310	91,910	115,034	137,418
Total Investments	244,491	215,332	219,216	194,352	187,884	231,156
Gross Loans	397,522	392,585	370,971	360,328	353,006	339,422
Allowance for Loan Losses	-3,743	-3,585	-3,425	-3,645	-3,434	-3,806
Other Adjustments to Gross Loans	-	-895	-1,001	-1,025	-889	-891
Net Loans	393,779	388,105	366,545	355,658	348,683	334,725
Property, Plant & Equipment	-	4,282	3,967	4,227	4,240	4,230
Goodwill	-	5,520	5,675	5,680	5,522	5,522
Other Intangible Assets	7,224	1,772	1,913	1,934	1,594	1,201
Accrued Interest Receivable	-	-	-	-	327	248
Other Receivables	-	71	7	49	279	190
Restricted Cash	-	2,747	3,755	4,566	4,959	4,353
Other Current Assets	-	229	64	-	7,438	9,600
Long-Term Deferred Tax Assets	-	1,252	1,876	1,894	2,178	1,195
Other Long-Term Assets	16,659	2,557	3,877	10,055	3,459	3,219
Total Assets	749,641	714,553	707,985	692,673	720,053	781,992
Accrued Expenses	-	1,350	1,353	1,411	1,407	1,508
Interest Bearing Deposits	492,140	459,790	453,424	440,885	460,534	484,204
Total Deposits	492,140	459,790	453,424	440,885	460,534	484,204
Short-Term Borrowings	60,945	92,987	96,678	97,678	110,994	132,441
Current Portion of Long-Term Debt	-	12,551	12,464	10,047	8,711	7,829
Current Portion of Leases	-	85	94	102	137	238
Current Income Taxes Payable	-	76	263	332	55	12
Other Current Liabilities	71,999	44,024	49,728	55,231	48,227	47,004
Long-Term Debt	76,856	49,458	41,681	38,155	39,934	40,205
Long-Term Leases	-	450	536	568	981	1,025
Long-Term Unearned Revenue	-	422	394	402	355	319
Pension & Post-Retirement Benefits	-	78	80	99	98	114
Long-Term Deferred Tax Liabilities	-	104	99	141	227	359
Other Long-Term Liabilities	4,030	10,565	11,813	10,434	11,897	24,931
Total Liabilities	705,970	671,940	668,607	655,485	683,557	740,189
Preferred Stock, Non-Redeemable	-	0.5	0.5	0.5	0.5	0.5
Preferred Stock, Other	-	-	-	-	-	493.5
Total Preferred Equity	-	0.5	0.5	0.5	0.5	494
Common Stock	9,967	8,860	8,972	9,683	10,539	11,468
Additional Paid-In Capital	-	1,161	1,161	1,161	1,161	667
Retained Earnings	18,327	14,419	11,426	10,645	10,019	12,966
Treasury Stock	-	-717	-868	-503	-258	-371
Comprehensive Income & Other	15,361	18,876	18,659	16,171	15,027	16,572
Total Common Equity	43,655	42,599	39,350	37,157	36,488	41,302
Minority Interest	16	14	28	31	8	7
Shareholders' Equity	43,671	42,613	39,378	37,188	36,496	41,803
Total Liabilities & Equity	749,641	714,553	707,985	692,673	720,053	781,992
Total Debt	137,801	155,531	151,453	146,550	160,757	181,738
Net Cash (Debt)	110,696	72,595	104,920	110,429	149,053	188,926
Net Cash Growth	-12.13%	-30.81%	-4.99%	-25.91%	-21.11%	22.71%
Net Cash Per Share	13.66	8.93	12.32	11.98	15.01	17.43
Filing Date Shares Outstanding	7,970	7,996	8,043	8,793	9,659	10,467
Total Common Shares Outstanding	7,970	7,996	8,043	8,793	9,659	10,467
Book Value Per Share	4.90	4.76	4.24	3.78	3.37	3.57
Tangible Book Value	36,431	35,307	31,762	29,543	29,372	34,579
Tangible Book Value Per Share	4.00	3.84	3.29	2.92	2.64	2.93

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