Natwest Group is expected to report Q3 2026 revenue of £4.64 billion and earnings per share of 19.2p, as the stock currently trades at 646.80p against an average analyst price target of 800.71p.
Investors are primarily focused on the bank's Net Interest Margin (NIM) trajectory following the UK government's October Autumn Budget and its implications for bank taxation.
Recent performance has been supported by high returns on tangible equity and the tailwinds from structural hedge reinvestment, which analysts believe will help mitigate the impact of falling base rates.
Management is also expected to provide updates on the ongoing share buyback program and the impact of the Evelyn Partners acquisition on wealth management income.