The earnings call reflected a strong financial performance with significant income and lending growth. The bank also demonstrated effective capital management and noninterest income growth. However, there were challenges related to deposit management and impairment charges. Despite these issues, the overall sentiment remains positive due to the overwhelming financial achievements and strategic growth plans.

Company Guidance

In their recent call, NatWest Group announced an upgrade to their full-year guidance, projecting income to reach approximately GBP 16.3 billion and expecting returns to surpass 18%. The call highlighted several key performance metrics, including a 4.4% increase in lending, which brought the total to GBP 388 billion. The bank also reported a 0.8% rise in deposits to GBP 435 billion. Noninterest income contributed to strong financial performance, with income growing 12.5% year-over-year to GBP 12.1 billion, while costs increased by 2.5% to GBP 5.9 billion, resulting in an operating profit of GBP 5.8 billion and attributable profit of GBP 4.1 billion. The return on tangible equity was reported at 19.5%, supported by a 5 percentage point reduction in the cost/income ratio to 47.8% and a CET1 ratio of 14.2%. The bank also generated 202 basis points of capital over nine months and expects to complete a GBP 750 million share buyback by year-end, with earnings per share growing by 32.4%.

Strong Financial Performance

Income grew to GBP 12.1 billion, 12.5% higher than the first 9 months last year. Operating profit was GBP 5.8 billion with an attributable profit of GBP 4.1 billion. Return on tangible equity was 19.5%.

Lending Growth

Lending has grown 4.4% since the year-end to GBP 388 billion. Mortgage lending was up by more than GBP 5 billion, and unsecured lending grew GBP 2.9 billion or 17.3%.

Customer Growth

The bank attracted a further 70,000 new customers in the quarter.

Capital Management

CET1 ratio ended the third quarter at 14.2%, with 202 basis points of capital generated in 9 months.

Noninterest Income Growth

Assets under management and administration grew 14.5% to GBP 56 billion, contributing to noninterest income growth.

NatWest Group (GB:NWG) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

GB:NWG Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 13, 2026	2025 (Q4)	0.14 / -	0.152	―	―	―
Oct 24, 2025	2025 (Q3)	0.15 / 0.20	0.141	40.43% (+0.06)	―	―
Jul 24, 2025	2025 (Q2)	0.13 / 0.15	0.137	11.68% (+0.02)	―	―
May 02, 2025	2025 (Q1)	0.13 / 0.15	0.104	49.04% (+0.05)	―	―
Feb 14, 2025	2024 (Q4)	0.11 / 0.15	0.139	9.35% (+0.01)	―	―
Oct 25, 2024	2024 (Q3)	0.12 / 0.14	0.098	43.88% (+0.04)	―	―
Jul 26, 2024	2024 (Q2)	0.10 / 0.14	0.11	24.55% (+0.03)	―	―
Apr 26, 2024	2024 (Q1)	0.10 / 0.10	0.132	-21.21% (-0.03)	―	―
Feb 16, 2024	2023 (Q4)	0.07 / 0.14	0.13	6.92% (<+0.01)	―	―
Oct 27, 2023	2023 (Q3)	0.10 / 0.10	0.019	415.79% (+0.08)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GB:NWG Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Oct 24, 2025	545.60p	572.40p	+4.91%
Jul 24, 2025	490.47p	492.53p	+0.42%
May 02, 2025	467.20p	473.29p	+1.30%
Feb 14, 2025	414.19p	405.76p	-2.04%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does NatWest Group (GB:NWG) report earnings?

NatWest Group (GB:NWG) is schdueled to report earning on Feb 13, 2026, TBA (Confirmed).

What is NatWest Group (GB:NWG) earnings time?

NatWest Group (GB:NWG) earnings time is at Feb 13, 2026, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is the P/E ratio of NatWest Group stock?

The P/E ratio of NatWest Group is N/A.

What is GB:NWG EPS forecast?

GB:NWG EPS forecast for the fiscal quarter 2025 (Q4) is 0.14.

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