NatWest Group sees 2025 RoTE of greater than 18%

The company said, “We will introduce guidance for 2026 and new targets for 2028 with our Full Year 2025 results on 13 February 2026. The following statements are based on our current expectations for interest rates and economic conditions. We will monitor and react to market conditions and refine our internal forecasts as the economic position evolves. We now expect income excluding notable items to be around GBP 16.3 billion for 2025 and to achieve a Return on Tangible Equity of greater than 18.0%. Except for this strengthened guidance, we reaffirm the outlook provided in our H1 2025 Interim Results.”