NatWest Group reported total income of £4.64 billion for the third quarter of 2026, meeting analyst expectations while delivering an attributable profit of £1.5 billion. Performance was driven by disciplined growth across its three customer franchises and the successful integration of Evelyn Partners, resulting in a strong Return on Tangible Equity (RoTE) of 21.6%.
Key Highlights
- Attributable profit of £1.53 billion for the quarter resulted in a basic earnings per share of 19.3p, beating the analyst estimate.
- Customer assets and liabilities (CAL) reached a milestone of £1.0 trillion, increasing 1.6% during the quarter supported by growth in savings and mortgages.
- Net Interest Margin (NIM) expanded to 2.50%, representing a 1 basis point increase from the prior quarter despite a routine review charge.
- The Common Equity Tier 1 (CET1) ratio stood at 13.5%, benefiting from 71 basis points of capital generation pre-distributions during the period.