Top Page
NatWest Group
(LSE:NWG)
NatWest Group (NWG) vs. S&P 500 (SPY)
NatWest Group Business Overview & Revenue Model
NatWest Group Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 21.27B | 14.65B | 14.78B | 13.16B | 10.51B | 10.80B | Gross Profit |
| 24.88B | 14.65B | 25.47B | 13.16B | 10.51B | 10.80B | EBIT |
| 2.98B | 0.00 | 7.12B | 7.66B | 4.26B | -289.00M | EBITDA |
| 1.40B | 0.00 | 7.12B | 6.00B | 4.55B | -1.00M | Net Income Common Stockholders |
| 4.36B | 4.80B | 4.39B | 3.59B | 3.27B | -434.00M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 89.38B | 93.05B | 104.52B | 145.06B | 177.76B | 124.49B | Total Assets |
| 694.24B | 707.99B | 692.67B | 720.05B | 781.99B | 799.49B | Total Debt |
| 49.91B | 0.00 | 127.26B | 6.26B | 8.43B | 9.96B | Net Debt |
| -38.99B | -93.05B | -104.52B | -138.57B | -169.33B | -114.53B | Total Liabilities |
| 647.75B | 668.61B | 655.49B | 683.56B | 8.43B | 9.96B | Stockholders Equity |
| 45.74B | 39.35B | 33.27B | 36.49B | 41.80B | 43.86B |
| Cash Flow | Free Cash Flow | ||||
| 930.00M | 694.00M | -14.92B | -44.24B | 52.79B | 28.72B | Operating Cash Flow |
| 930.00M | 1.77B | -13.37B | -43.60B | 53.69B | 29.09B | Investing Cash Flow |
| 0.00 | -12.70B | -14.69B | 19.06B | 3.06B | 7.55B | Financing Cash Flow |
| 0.00 | -1.89B | -15.67B | -10.65B | -2.60B | 90.00M |
NatWest Group Technical Analysis
NatWest Group Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | £130.63B | 7.55 | 13.62% | 6.98% | 3.98% | 5.43% | |
75 Outperform | £38.55B | 10.18 | 9.84% | 4.53% | 31.97% | -21.96% | |
72 Outperform | $22.17B | 8.48 | 8.33% | 2.97% | 7.29% | 25.46% | |
70 Outperform | £35.76B | 6.94 | 9.03% | 3.31% | 5.56% | 31.39% | |
69 Neutral | £33.48B | 7.76 | 13.18% | 5.18% | 15.69% | 11.47% | |
64 Neutral | $12.70B | 9.08 | 9.19% | 4.89% | 16.29% | -8.64% | |
63 Neutral | £545.81M | 13.62 | 3.67% | ― | -2.57% | -54.07% |
NatWest Group Earnings Call Summary
NatWest Group Corporate Events
Massachusetts Financial Services Company has increased its voting rights in NatWest Group plc to 5.167092%, crossing a significant threshold. This change reflects a strategic investment move by the US-based investment manager, potentially impacting NatWest’s shareholder dynamics and signaling confidence in the company’s market position.
Spark’s Take on GB:NWG Stock
According to Spark, TipRanks’ AI Analyst, GB:NWG is a Outperform.
NatWest Group is positioned well in the banking sector, with a strong financial foundation and attractive valuation metrics. Recent corporate activities bolster its financial stability and strategic focus. However, cash flow volatility remains a concern. The stock shows positive technical trends, suggesting potential for growth.
To see Spark’s full report on GB:NWG stock, click here.
NatWest Group plc has released a notification regarding a change in major holdings that was initially overlooked in August 2024. The Massachusetts Financial Services Company, a U.S. Registered Investment Manager, has adjusted its voting rights in NatWest, reducing its stake from 5.12% to 4.96%. This change in holdings could influence NatWest’s shareholder dynamics and reflects the ongoing adjustments in investment strategies by major stakeholders.
Spark’s Take on GB:NWG Stock
According to Spark, TipRanks’ AI Analyst, GB:NWG is a Outperform.
NatWest Group is positioned well in the banking sector, with a strong financial foundation and attractive valuation metrics. Recent corporate activities bolster its financial stability and strategic focus. However, cash flow volatility remains a concern. The stock shows positive technical trends, suggesting potential for growth.
To see Spark’s full report on GB:NWG stock, click here.
NatWest Group plc announced transactions involving its senior management, where several directors purchased ordinary shares in accordance with the company’s shareholding policy, while other executives sold shares on the London Stock Exchange. These transactions reflect the company’s ongoing commitment to align management interests with shareholder value, potentially impacting the company’s stock market perception and stakeholder confidence.
NatWest Group plc announced its total voting rights and capital as of March 31, 2025, in accordance with the Disclosure Guidance and Transparency Rules. The company reported a total of 32,314,090,332 voting rights, which shareholders can use to determine their interest in the company. This update is crucial for stakeholders to understand their voting power and any necessary disclosures under regulatory requirements.
NatWest Group plc has announced a reduction in the percentage of voting rights held by His Majesty’s Treasury (HMT) to 3.95%, following the disposal of 69,943,655 ordinary shares. This change is part of HMT’s ongoing trading plan, which has been in place since July 2021 and was last extended in April 2023. The reduction in voting rights signifies a continued divestment by the UK government, potentially impacting NatWest’s governance and shareholder dynamics.
NatWest Group has announced its 2025 Annual General Meeting (AGM), scheduled for April 23, 2025, in Edinburgh, with a virtual event on April 10, 2025, allowing shareholders to engage with the company’s leadership. Key resolutions include approving a new directors’ remuneration policy, renewing authority for equity convertible notes issuance, and authorizing share buybacks, which aim to provide the company with flexibility in capital management and align with strategic goals.
NatWest Group’s CEO, Paul Thwaite, will be participating in a fireside chat at the Morgan Stanley European Financials Conference, highlighting the company’s engagement with key financial stakeholders. This participation underscores NatWest’s commitment to maintaining transparency and fostering investor relations, potentially impacting its market perception and stakeholder confidence.
NatWest Group plc announced a reduction in the percentage of voting rights held by His Majesty’s Treasury (HMT) to 4.82%, following the disposal of 88,938,556 ordinary shares. This change is part of HMT’s ongoing trading plan, which impacts the ownership structure and could influence the company’s governance and strategic decisions.
NatWest Group has announced the granting of conditional restricted share plan awards and deferred awards to several key executives under its 2024 Employee Share Plan. These awards are part of a strategic initiative to align managerial interests with company performance, with vesting periods extending up to 2032 and subject to performance assessments and malus provisions. The announcement reflects NatWest’s commitment to incentivizing its leadership team, potentially impacting its operational efficiency and market positioning. The awards were granted to executives across various divisions, including commercial, retail, and wealth management, indicating a broad-based approach to leadership retention and motivation.
NatWest Group plc has announced an update regarding its total voting rights and share capital as of 28 February 2025. The company reported a total of 8,331,628,015 issued shares, with voting rights amounting to 32,244,281,788. This information is crucial for shareholders to determine their notification obligations under the FCA’s Disclosure Guidance and Transparency Rules.
NatWest Group has announced a reduction in its voting rights held by His Majesty’s Treasury to 5.93%, following the disposal of 85,193,767 ordinary shares. This change reflects the ongoing execution of the Treasury’s trading plan, which was initially announced in July 2021 and extended in April 2023, potentially impacting the company’s governance and shareholder structure.
NatWest Group plc has successfully priced its GBP 750 million 7.500% Reset Perpetual Subordinated Contingent Convertible Additional Tier 1 Notes, which are set to close on March 3, 2025. The proceeds from this offering will be used to bolster NatWest’s capital base, enhancing its financial stability and supporting its corporate operations, which could positively impact its market positioning and stakeholder confidence.
NatWest Group plc has filed its Annual Report on Form 20-F with the US Securities and Exchange Commission as of February 21, 2025. This filing highlights the company’s financial condition, strategic priorities, and climate-related goals, underscoring its commitment to sustainable practices. The announcement may impact stakeholders by providing detailed insights into NatWest’s financial performance and strategic direction, with particular emphasis on sustainability targets and regulatory compliance.
NatWest Group plc has announced the availability of Final Terms for its EUR1 billion 3.723% Fixed to Fixed Rate Reset Tier 2 Notes due 2035. These notes are issued under the company’s substantial £40 billion Euro Medium Term Note Programme. This issuance is part of the company’s ongoing strategy to manage its capital and funding needs, potentially affecting its financial stability and interest from investors.
NatWest Group plc has announced the redemption of its €1.5 billion Fixed to Floating Rate Notes due in March 2026, with the redemption scheduled for March 2, 2025. This move, executed under the Call Option – Redemption at the Option of the Issuer, could impact the company’s financial strategy and liquidity management while also affecting stakeholders holding these notes.
NatWest Group plc has published a supplementary prospectus for its £40 billion Euro Medium Term Note Programme, which has been approved by the Financial Conduct Authority. This development reflects NatWest’s ongoing efforts to manage its financial structure and maintain robust funding strategies, potentially enhancing its market positioning and offering diverse investment opportunities for stakeholders.
NatWest Group reported a strong financial performance in 2024 with an income of £14.6 billion and return on tangible equity of 17.5%. The company achieved significant growth across customer segments and successfully reduced the UK Government’s shareholding. It reported an attributable profit of £4.5 billion, with dividends per share increasing by 26%, reflecting disciplined growth and strategic focus. Looking forward, NatWest aims to continue its transformation into a more integrated, technology-driven bank, poised for further growth and value creation for shareholders.
NatWest Group’s recent annual report highlights several material risk factors that could impact its future financial results and reputation. These include economic and political uncertainties, interest rate fluctuations, and currency exchange rate volatility, all of which may adversely affect the company’s operations and financial condition.
The UK Government, through His Majesty’s Treasury, has reduced its stake in NatWest Group plc to 6.98% following the disposal of 79,844,067 ordinary shares. This move is part of the government’s ongoing trading plan to gradually reduce its ownership in NatWest, which was initially increased during the financial crisis to stabilize the bank. The reduction in government ownership represents a significant step in NatWest’s return to full private ownership, impacting stakeholders by potentially increasing the bank’s appeal to private investors.
NatWest Group plc announced its updated total voting rights and capital structure, specifying that the total voting rights as of January 31, 2025, stand at 32,236,181,476. This update aligns with the company’s compliance with the Disclosure Guidance and Transparency Rules, offering shareholders a clear figure to assess their interests in the company. This announcement is significant for stakeholders as it ensures transparency and compliance with regulatory requirements, potentially impacting investor confidence and market perception.
NatWest Group plc announced a change in major holdings with His Majesty’s Treasury reducing its voting rights from 8.90% to 7.98% following the disposal of 74,334,308 ordinary shares. This reduction is part of a trading plan by His Majesty’s Treasury, impacting NatWest’s shareholder composition and reflecting ongoing adjustments in government-held shares in the financial industry.
NatWest Group plc has announced a reduction in the UK government’s stake in the company, with the Treasury disposing of 86,371,259 ordinary shares, decreasing its voting rights from 9.99% to 8.90%. This change reflects ongoing efforts by the government to gradually reduce its holdings in NatWest, impacting the company’s ownership structure and potentially influencing future strategic decisions.