NatWest Group plc (NWG)
NYSE: NWG · Real-Time Price · USD
15.60
-0.36 (-2.26%)
At close: Nov 6, 2026, 4:00 PM EST
15.55
-0.05 (-0.32%)
After-hours: Nov 6, 2026, 7:47 PM EST
NatWest Group Income Statement
Financials in millions GBP. Fiscal year is January - December.
Millions GBP. Fiscal year is Jan - Dec.
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Interest Income on Loans | 6,878 | 6,622 | 6,421 | 6,543 | 6,482 | 6,358 | 6,315 | 6,453 | 6,444 | 6,235 | 6,055 | 5,955 | 5,589 | 4,981 | 4,501 | 4,046 | 3,341 | 2,820 | 2,430 | 2,325 |
Interest Paid on Deposits | 3,319 | 3,126 | 3,027 | 3,102 | 3,214 | 3,264 | 3,289 | 3,485 | 3,545 | 3,478 | 3,404 | 3,317 | 2,904 | 2,157 | 1,599 | 1,178 | 701 | 513 | 403 | 403 |
Net Interest Income | 3,559 | 3,496 | 3,394 | 3,441 | 3,268 | 3,094 | 3,026 | 2,968 | 2,899 | 2,757 | 2,651 | 2,638 | 2,685 | 2,824 | 2,902 | 2,868 | 2,640 | 2,307 | 2,027 | 1,922 |
Net Interest Income Growth (YoY) | 8.91% | 12.99% | 12.16% | 15.94% | 12.73% | 12.22% | 14.15% | 12.51% | 7.97% | -2.37% | -8.65% | -8.02% | 1.70% | 22.41% | 43.17% | 49.22% | 41.25% | 22.71% | 8.74% | - |
Income From Trading Activities | 140 | 233 | 153 | 138 | 399 | 291 | 284 | 218 | 257 | 221 | 129 | 185 | 191 | 85 | 333 | 164 | 260 | 347 | 362 | -3 |
Gain (Loss) on Sale of Assets | - | - | - | -36 | - | - | - | 31 | - | - | - | -21 | - | - | - | -5 | - | - | - | 18 |
Gain (Loss) on Sale of Investments | - | - | - | -8 | - | - | - | -19 | - | - | - | -43 | - | -24 | - | -168 | - | - | - | 117 |
Gain (Loss) on Sale of Equity Investments | - | - | - | 68 | - | - | - | 19 | - | 9 | - | -9 | - | -17 | - | -30 | - | - | - | 216 |
Other Non-Interest Income | 941 | 775 | 811 | 721 | 665 | 620 | 670 | 608 | 588 | 672 | 695 | 784 | 612 | 983 | 641 | 1,040 | 329 | 557 | 619 | 477 |
Total Non-Interest Income | 1,081 | 1,008 | 964 | 883 | 1,064 | 911 | 954 | 857 | 845 | 902 | 824 | 896 | 803 | 1,027 | 974 | 1,001 | 589 | 904 | 981 | 825 |
Non-Interest Income Growth (YoY) | 1.60% | 10.65% | 1.05% | 3.03% | 25.92% | 1.00% | 15.78% | -4.35% | 5.23% | -12.17% | -15.40% | -10.49% | 36.33% | 13.61% | -0.71% | 21.33% | -27.91% | 34.92% | 34.94% | - |
Revenues Before Loan Losses | 4,640 | 4,504 | 4,358 | 4,324 | 4,332 | 4,005 | 3,980 | 3,825 | 3,744 | 3,659 | 3,475 | 3,534 | 3,488 | 3,851 | 3,876 | 3,869 | 3,229 | 3,211 | 3,008 | 2,747 |
Provision for Loan Losses | 277 | 140 | 283 | 136 | 153 | 193 | 189 | 66 | 245 | -45 | 93 | 126 | 229 | 153 | 70 | 144 | 247 | -18 | -36 | -269 |
| 4,363 | 4,364 | 4,075 | 4,188 | 4,179 | 3,812 | 3,791 | 3,759 | 3,499 | 3,704 | 3,382 | 3,408 | 3,259 | 3,698 | 3,806 | 3,725 | 2,982 | 3,229 | 3,044 | 3,016 | |
Revenue Growth (YoY) | 4.40% | 14.48% | 7.49% | 11.41% | 19.43% | 2.92% | 12.09% | 10.30% | 7.36% | 0.16% | -11.14% | -8.51% | 9.29% | 14.52% | 25.03% | 23.51% | 2.58% | 3.00% | 13.20% | - |
Salaries and Employee Benefits | 1,087 | 1,034 | 1,070 | 908 | 1,045 | 1,030 | 1,069 | 876 | 947 | 1,065 | 1,047 | 910 | 904 | 948 | 1,026 | 969 | 879 | 907 | 901 | 866 |
Occupancy Expenses | 699 | 599 | 589 | 688 | 616 | 581 | 560 | 652 | 530 | 521 | 566 | 559 | 489 | 541 | 498 | 512 | 486 | 499 | 448 | 593 |
Selling, General & Administrative | 305 | 416 | 368 | 621 | 323 | 310 | 350 | 586 | 307 | 342 | 415 | 572 | 400 | 386 | 408 | 657 | 531 | 427 | 471 | 784 |
Total Non-Interest Expense | 2,091 | 2,049 | 2,027 | 2,217 | 1,984 | 1,921 | 1,979 | 2,114 | 1,784 | 1,928 | 2,028 | 2,041 | 1,793 | 1,875 | 1,932 | 2,138 | 1,896 | 1,833 | 1,820 | 2,243 |
EBT Excluding Unusual Items | 2,272 | 2,315 | 2,048 | 1,971 | 2,195 | 1,891 | 1,812 | 1,645 | 1,715 | 1,776 | 1,354 | 1,367 | 1,466 | 1,823 | 1,874 | 1,587 | 1,086 | 1,396 | 1,224 | 773 |
Other Unusual Items | -47 | -30 | -15 | -31 | -12 | -118 | - | -153 | -41 | -77 | -24 | -110 | -134 | -52 | -56 | -161 | - | - | - | -145 |
Pretax Income | 2,225 | 2,285 | 2,033 | 1,940 | 2,183 | 1,773 | 1,812 | 1,492 | 1,674 | 1,699 | 1,330 | 1,257 | 1,332 | 1,771 | 1,818 | 1,426 | 1,086 | 1,396 | 1,224 | 543 |
Income Tax Expense | 610 | 612 | 526 | 462 | 502 | 439 | 471 | 233 | 431 | 462 | 339 | -5 | 378 | 549 | 512 | 46 | 434 | 409 | 386 | 234 |
Earnings From Continuing Operations | 1,615 | 1,673 | 1,507 | 1,478 | 1,681 | 1,334 | 1,341 | 1,259 | 1,243 | 1,237 | 991 | 1,262 | 954 | 1,222 | 1,306 | 1,380 | 652 | 987 | 838 | 309 |
Earnings From Discontinued Operations | - | - | - | - | - | - | - | 69 | 1 | 15 | -4 | 26 | -30 | -143 | 35 | -56 | -396 | 127 | 63 | 189 |
Minority Interest in Earnings | -1 | 6 | -2 | -1 | -1 | -2 | 1 | 1 | 1 | -2 | -9 | 1 | 3 | 1 | -1 | -1 | -2 | -2 | -1 | -1 |
Net Income | 1,614 | 1,679 | 1,505 | 1,477 | 1,680 | 1,332 | 1,342 | 1,329 | 1,245 | 1,250 | 978 | 1,289 | 927 | 1,080 | 1,340 | 1,323 | 254 | 1,112 | 900 | 497 |
Preferred Dividends & Other Adjustments | 164 | 225 | 73 | 84 | 164 | 282 | 90 | 81 | 73 | 69 | 60 | 60 | 61 | 60 | 61 | 61 | 67 | 62 | 59 | 63 |
Net Income to Common | 1,450 | 1,454 | 1,432 | 1,393 | 1,516 | 1,050 | 1,252 | 1,248 | 1,172 | 1,181 | 918 | 1,229 | 866 | 1,020 | 1,279 | 1,262 | 187 | 1,050 | 841 | 434 |
Net Income Growth (YoY) | -4.35% | 38.48% | 14.38% | 11.62% | 29.35% | -11.09% | 36.38% | 1.55% | 35.34% | 15.78% | -28.23% | -2.61% | 363.10% | -2.86% | 52.08% | 190.78% | -72.25% | -14.07% | 35.64% | - |
Basic Shares Outstanding | 7,513 | 7,149 | 8,000 | 8,006 | 7,657 | 8,076 | 8,077 | 8,157 | 8,312 | 8,604 | 8,743 | 8,835 | 8,837 | 9,809 | 9,689 | 9,641 | 9,842 | 9,603 | 10,383 | 10,636 |
Diluted Shares Outstanding | 7,592 | 7,225 | 8,045 | 8,099 | 7,735 | 8,076 | 8,130 | 8,211 | 8,371 | 8,665 | 8,827 | 8,835 | 8,837 | 9,809 | 9,689 | 9,715 | 9,842 | 9,617 | 10,513 | 10,636 |
Shares Change (YoY) | -1.85% | -10.54% | -1.04% | -1.36% | -7.61% | -6.79% | -7.90% | -7.06% | -5.27% | -11.67% | -8.90% | -9.07% | -10.21% | 2.00% | -7.83% | -8.65% | -8.00% | -11.17% | -6.91% | - |
EPS (Basic) | 0.19 | 0.20 | 0.18 | 0.17 | 0.20 | 0.13 | 0.15 | 0.15 | 0.14 | 0.14 | 0.10 | 0.14 | 0.10 | 0.10 | 0.13 | 0.13 | 0.02 | 0.11 | 0.08 | 0.04 |
EPS (Diluted) | 0.19 | 0.20 | 0.18 | 0.17 | 0.20 | 0.13 | 0.15 | 0.15 | 0.14 | 0.14 | 0.10 | 0.14 | 0.10 | 0.10 | 0.13 | 0.13 | 0.02 | 0.11 | 0.08 | 0.04 |
EPS Growth (YoY) | -2.55% | 54.80% | 15.58% | 13.09% | 40.00% | -4.61% | 48.08% | 9.16% | 42.86% | 31.08% | -21.21% | 7.75% | 415.79% | -4.76% | 65.00% | 219.57% | -69.84% | -3.27% | 45.72% | - |
Additional Metrics
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Dividend Per Share | 0.120 | - | - | 0.230 | 0.095 | - | - | 0.095 | 0.060 | 0.060 | - | 0.115 | - | 0.055 | - | 0.100 | 0.038 | - | - | 0.081 |
Dividend Growth (YoY) | 26.32% | - | - | 142.10% | 58.33% | - | - | -17.39% | - | 9.09% | - | 15.00% | - | - | - | 23.76% | 16.72% | - | - | - |
Effective Tax Rate | 27.42% | 26.78% | 25.87% | 23.81% | 23.00% | 24.76% | 25.99% | 15.62% | 25.75% | 27.19% | 25.49% | - | 28.38% | 31.00% | 28.16% | 3.23% | 39.96% | 29.30% | 31.54% | 43.09% |