NatWest Group reports Q4 EPS 15.2p vs. 13.9p last year

Reports Q4 revenue GBP 3.83B, with pretax profit GBP 1.49B. Chief Executive, Paul Thwaite, commented: “NatWest Group (NWG) delivered a strong performance in 2024 with income excluding notable items of GBP 14.6B and a return on tangible equity of 17.5%, exceeding our upgraded guidance. Throughout the year, we made good progress against our strategic priorities by growing all three of our customer businesses, improving productivity and actively managing our capital. This performance is grounded in the support and services we provide to over 19 million customers, whether buying or refinancing their homes, helping them to invest or growing their businesses. Alongside this, we were also pleased to see an accelerated reduction in the government’s shareholding.”