NatWest Group plc (NWG.L)
Edinburgh, GB
NatWest Group plc, a venerable financial institution established in Edinburgh, UK, in 1727, delivers a comprehensive array of banking and financial services. Serving a broad spectrum of clients, including individual consumers, small and medium-sized businesses, large corporations, and institutional customers, its operations span the United Kingdom and extend internationally. The company's structure comprises five core divisions. Retail Banking provides everyday services like current and savings accounts, mortgages, and personal loans, augmented by mobile and online platforms. Commercial Banking furnishes financing and solutions tailored for start-ups, SMEs, and corporate entities. The Private Banking segment focuses on bespoke banking and wealth management for affluent individuals and their business interests. RBS International caters to institutional clients, also managing wholesale branches and fund depositary services. Finally, NatWest Markets assists corporate and institutional customers in strategically managing financial risks to meet both their immediate and long-term sustainable financial objectives. Formerly known as The Royal Bank of Scotland Group plc until its rebranding in July 2020, NatWest Group plc boasts a substantial physical presence, with approximately 800 branches and around 16,000 other points of access.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -3.02% | -2.42% | -8.23% | -5.24% | -9.70% | -13.50% | +16.13% | +115.77% | +176.14% | +149.79% | -62.48% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 2 | -1 |
| Buy | 8 | 0 |
| Hold | 7 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth+108.0% Q1'26: +94.8% (vs Q1'25)
-
EPS growth+26.4% Q1'26: +20.0% (vs Q1'25)
-
FCF margin— Q1'26: +0.0% (vs Q1'25)
-
EBIT margin— Q1'26: +27.5% (vs Q1'25)
-
ROIC— Q1'26: -7.1% (vs Q1'25)
-
Share dilution-4.6% Q1'26: -2.0% (vs Q1'25)
-
Debt / EBITDA— Q1'26: 0.72× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 15 Rev. Ana. 11 EPS Ana. |
Dec 2027 15 Rev. Ana. 11 EPS Ana. |
Dec 2028 14 Rev. Ana. 10 EPS Ana. |
Dec 2029 9 Rev. Ana. 4 EPS Ana. |
Dec 2030 13 Rev. Ana. 4 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
16.09B
est: 13.92B (+15.6%)
|
14.92B
est: 12.08B (+23.5%)
|
14.76B
est: 12.93B (+14.2%)
|
15.73B
est: 13.23B (+18.9%)
|
15.05B
est: 12.13B (+24.1%)
|
7.69B
est: 11.02B (-30.2%)
|
11.75B
est: 10.67B (+10.1%)
|
12.98B
est: 12.96B (+0.1%)
|
14.17B
est: 13.75B (+3.0%)
|
14.34B
est: 14.57B (-1.5%)
|
29.84B
est: 16.45B (+81.4%)
|
18.00B
17.34B – 18.44B
+9.4% YoY
|
19.47B
18.41B – 20.60B
+8.2% YoY
|
20.26B
20.17B – 20.34B
+4.0% YoY
|
21.05B
20.09B – 21.94B
+3.9% YoY
|
21.46B
20.48B – 22.36B
+1.9% YoY
|
| EBITDA |
-1.52B
est: 5.26B (-128.9%)
|
-292.00M
est: 4.57B (-106.4%)
|
3.08B
est: 4.89B (-37.1%)
|
4.13B
est: 5.00B (-17.5%)
|
5.55B
est: 4.59B (+20.9%)
|
677.00M
est: 4.17B (-83.7%)
|
4.77B
est: 4.03B (+18.2%)
|
5.55B
est: 4.90B (+13.3%)
|
6.56B
est: 5.77B (+13.8%)
|
7.25B
est: 6.11B (+18.7%)
|
8.79B
est: 6.90B (+27.5%)
|
7.55B
7.27B – 7.74B
+9.4% YoY
|
8.17B
7.72B – 8.64B
+8.2% YoY
|
8.50B
8.46B – 8.53B
+4.0% YoY
|
8.83B
8.43B – 9.20B
+3.9% YoY
|
9.00B
8.59B – 9.38B
+1.9% YoY
|
| EBIT |
-1.18B
est: 4.84B (-124.4%)
|
-919.00M
est: 4.20B (-121.9%)
|
2.24B
est: 4.49B (-50.2%)
|
3.36B
est: 4.60B (-27.0%)
|
3.98B
est: 4.22B (-5.5%)
|
677.00M
est: 3.83B (-82.3%)
|
3.84B
est: 3.71B (+3.7%)
|
5.55B
est: 4.51B (+23.2%)
|
6.56B
est: 5.24B (+25.2%)
|
6.20B
est: 5.55B (+11.6%)
|
7.64B
est: 6.27B (+21.8%)
|
6.86B
6.61B – 7.03B
+9.4% YoY
|
7.42B
7.02B – 7.85B
+8.2% YoY
|
7.72B
7.69B – 7.75B
+4.0% YoY
|
8.03B
7.66B – 8.36B
+3.9% YoY
|
8.18B
7.81B – 8.52B
+1.9% YoY
|
| Net Income |
-1.59B
est: 1.65B (-196.7%)
|
-5.20B
est: 1.13B (-559.1%)
|
1.38B
est: 2.04B (-32.4%)
|
2.16B
est: 2.15B (+0.6%)
|
3.54B
est: 2.00B (+76.7%)
|
-727.00M
est: -506.03M (-43.7%)
|
3.27B
est: 2.02B (+62.0%)
|
3.59B
est: 2.65B (+35.2%)
|
4.64B
est: 3.87B (+19.8%)
|
4.80B
est: 4.02B (+19.4%)
|
5.83B
est: 5.27B (+10.7%)
|
5.74B
5.60B – 6.32B
+9.1% YoY
|
6.34B
6.26B – 7.71B
+10.5% YoY
|
6.66B
6.52B – 7.69B
+4.9% YoY
|
7.88B
7.41B – 8.31B
+18.3% YoY
|
—
— – —
-100.0% YoY
|
| SGA |
2.12B
est: 6.88B (-69.1%)
|
15.39B
est: 5.97B (+157.9%)
|
2.04B
est: 6.39B (-68.1%)
|
3.07B
est: 6.54B (-53.1%)
|
2.83B
est: 5.99B (-52.8%)
|
1.29B
est: 5.44B (-76.2%)
|
7.67B
est: 5.27B (+45.6%)
|
7.30B
est: 6.41B (+14.0%)
|
7.64B
est: 6.84B (+11.8%)
|
7.85B
est: 7.24B (+8.5%)
|
5.47B
est: 8.18B (-33.2%)
|
8.95B
8.62B – 9.17B
+9.4% YoY
|
9.68B
9.15B – 10.24B
+8.2% YoY
|
10.07B
10.03B – 10.11B
+4.0% YoY
|
10.47B
9.99B – 10.91B
+3.9% YoY
|
10.67B
10.18B – 11.12B
+1.9% YoY
|
| EPS |
-0.19
est: 0.19 (-198.1%)
|
-0.64
est: 0.13 (-581.3%)
|
0.07
est: 0.24 (-71.7%)
|
0.15
est: 0.25 (-40.5%)
|
0.28
est: 0.24 (+19.1%)
|
-0.07
est: -0.06 (-12.8%)
|
0.27
est: 0.24 (+14.0%)
|
0.34
est: 0.31 (+9.1%)
|
0.48
est: 0.48 (+0.5%)
|
0.53
est: 0.50 (+6.9%)
|
0.68
est: 0.65 (+4.7%)
|
0.72
0.69 – 0.78
+11.5% YoY
|
0.82
0.77 – 0.95
+13.2% YoY
|
0.90
0.80 – 0.95
+9.6% YoY
|
0.97
0.91 – 1.02
+8.0% YoY
|
—
— – —
-100.0% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-12 | A- | 4/5 | 3/5 | 4/5 | 3/5 | 3/5 | 4/5 | 3/5 |
| 2026-05-11 | A- | 4/5 | 3/5 | 4/5 | 3/5 | 3/5 | 4/5 | 3/5 |
| 2026-05-08 | A- | 4/5 | 3/5 | 4/5 | 3/5 | 3/5 | 4/5 | 3/5 |
| 2026-05-07 | A- | 4/5 | 3/5 | 4/5 | 3/5 | 3/5 | 4/5 | 3/5 |
| 2026-05-06 | A- | 4/5 | 3/5 | 4/5 | 3/5 | 3/5 | 4/5 | 3/5 |
| 2026-05-05 | A- | 4/5 | 3/5 | 4/5 | 3/5 | 3/5 | 4/5 | 3/5 |
| 2026-05-01 | B | 3/5 | 3/5 | 4/5 | 3/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-30 | B | 3/5 | 3/5 | 4/5 | 3/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-29 | B | 3/5 | 3/5 | 4/5 | 3/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-28 | B | 3/5 | 3/5 | 4/5 | 3/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-27 | B | 3/5 | 3/5 | 4/5 | 4/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-24 | B | 3/5 | 3/5 | 4/5 | 4/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-23 | B | 3/5 | 3/5 | 4/5 | 4/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-22 | B | 3/5 | 3/5 | 4/5 | 4/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-21 | B+ | 3/5 | 3/5 | 4/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-20 | B+ | 3/5 | 3/5 | 4/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-17 | B+ | 3/5 | 3/5 | 4/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-16 | B+ | 3/5 | 3/5 | 4/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-15 | B+ | 3/5 | 3/5 | 4/5 | 4/5 | 1/5 | 4/5 | 3/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| John-Paul Thwaite | Group Chief Executive Officer & Executive Director | 3M | male |
| Katie Murray | Group Chief Financial Officer & Executive Director | 2M | female |
| Margaret Jobling | Group Chief Marketing Officer | — | female |
| Maria Kokkinou | Group Chief People Officer | — | female |
| Peter John Norton | Group Director of Strategy, Economics & Corporate Development | — | male |
| Scott Marcar | Group Chief Information Officer | — | male |
| Stephen Blackman | Principal Economist, Strategy & Corporate Development | — | male |
| Claire Kane | Director of Investor Relations | — | female |
| Will Luker | Group Chief Legal Officer & General Counsel | — | male |
| James Holian | Chief Customer & Operations Officer | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for NWG.L
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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