NatWest Group Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 17, 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
Market Capitalization	68,024	70,128	40,485	24,569	30,861	34,437
Market Cap Growth	55.49%	73.22%	64.78%	-20.39%	-10.38%	24.20%
Last Close Price	8.31	8.81	4.54	2.48	3.00	3.01
PE Ratio	9.22	9.51	7.16	4.39	7.67	8.62
PS Ratio	3.16	3.26	2.26	1.36	1.97	2.17
PB Ratio	1.19	1.22	0.82	0.52	0.70	0.61
Debt / Equity Ratio	3.65	3.65	3.85	3.94	4.41	4.35
Net Debt / Equity Ratio	-1.70	-1.70	-2.66	-2.97	-4.08	-4.52
Net Debt / FCF Ratio	5.55	5.55	10.42	106.80	16.74	196.59
Return on Equity (ROE)	14.23%	14.23%	12.35%	12.88%	9.85%	6.65%
Return on Assets (ROA)	0.82%	0.82%	0.68%	0.67%	0.51%	0.36%
Earnings Yield	10.84%	11.19%	14.85%	24.04%	14.01%	12.85%
FCF Yield	-25.88%	-25.11%	-31.13%	-5.36%	-34.77%	-3.78%
Dividend Yield	3.80%	4.96%	5.92%	8.73%	5.43%	5.09%
Payout Ratio	40.64%	40.64%	37.23%	36.63%	40.51%	30.94%
Buyback Yield / Dilution	4.58%	4.58%	7.63%	7.15%	8.38%	3.51%
Total Shareholder Return	8.38%	9.54%	13.55%	15.88%	13.81%	8.60%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.