NatWest Group delivered a strong performance for the third quarter of 2026, reporting total income of £4.64 billion and a profit attributable to ordinary shareholders of £1.53 billion. The bank achieved a Return on Tangible Equity (RoTE) of 21.6% for the quarter, supported by disciplined cost management and the successful integration of Evelyn Partners. Customer assets and liabilities reached a milestone of £1.003 trillion, reflecting broad-based growth across all three customer franchises despite a slightly lower-than-expected net interest income resulting from customer repayment behavior adjustments.
Key Highlights
- Return on Tangible Equity (RoTE) reached 21.6% for the quarter, up from 21.0% in the second quarter and exceeding the year-to-date average of 20.2%.
- Private Banking & Wealth Management income surged 47% sequentially to £447 million, driven by the first full quarter of Evelyn Partners integration and £1.0 billion in AUM net inflows.
- Active risk-weighted asset (RWA) management generated £1.8 billion in benefits, supporting a 30 basis point increase in the Common Equity Tier 1 (CET1) ratio to 13.5%.
- Total customer assets and liabilities (CAL) grew by £15.7 billion in the quarter, with mortgages increasing by £1.2 billion and deposits rising by £3.1 billion in the Retail Banking segment.