Government Ownership Exit
NatWest Group is now privately owned for the first time in 17 years, attracting new investors and driving growth.
Strong Financial Performance
Income grew 13.7% to GBP 8 billion, costs reduced by 1.4% to GBP 3.9 billion, with operating profit at GBP 3.6 billion and attributable profit at GBP 2.5 billion.
Increased Dividend and Share Buyback
Announced an interim dividend of 9.5p, up 58%, and a new share buyback of GBP 750 million, bringing total distributions to GBP 1.5 billion.
Customer Growth and Expansion
Attracted over 100,000 new customers through organic growth and completed the Sainsbury's transaction, adding 1 million customers.
Mortgage and Lending Growth
Retail Banking lending grew by 3%, with a 4% increase in mortgage application share and a 2% growth in Commercial & Institutional lending.
Climate and Sustainable Finance
Announced a new target to deliver GBP 200 billion of climate and transition finance by 2030.
Technological Advancements
Strategic collaboration with AWS and Accenture to modernize data capabilities and enhance customer engagement.