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NatWest Group plcLSE:NWG Stock Report

Market Cap UK£42.2b
Share Price
UK£5.33
My Fair Value
UK£5.83
8.7% undervalued intrinsic discount
1Y59.3%
7D1.0%
Portfolio Value
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NatWest Group plc

LSE:NWG Stock Report

Market Cap: UK£42.2b

NatWest Group (NWG) Stock Overview

Provides banking and financial products and services in the United Kingdom and internationally. More details

NWG fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends3/6

NWG Community Fair Values

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UK£4.80
FV
11.0% overvalued intrinsic discount
1.29%
Revenue growth p.a.
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5 months ago author updated this narrative

NatWest Group plc Competitors

Price History & Performance

Summary of share price highs, lows and changes for NatWest Group
Historical stock prices
Current Share PriceUK£5.33
52 Week HighUK£5.37
52 Week LowUK£3.26
Beta0.99
1 Month Change8.44%
3 Month Change8.86%
1 Year Change59.29%
3 Year Change89.85%
5 Year Change334.91%
Change since IPO-16.84%

Recent News & Updates

NatWest Group (LON:NWG) Has Announced A Dividend Of £0.095

Jul 28
NatWest Group (LON:NWG) Has Announced A Dividend Of £0.095

Here's Why NatWest Group (LON:NWG) Has Caught The Eye Of Investors

Jun 10
Here's Why NatWest Group (LON:NWG) Has Caught The Eye Of Investors

Recent updates

NatWest Group (LON:NWG) Has Announced A Dividend Of £0.095

Jul 28
NatWest Group (LON:NWG) Has Announced A Dividend Of £0.095

Here's Why NatWest Group (LON:NWG) Has Caught The Eye Of Investors

Jun 10
Here's Why NatWest Group (LON:NWG) Has Caught The Eye Of Investors

Results: NatWest Group plc Beat Earnings Expectations And Analysts Now Have New Forecasts

May 06
Results: NatWest Group plc Beat Earnings Expectations And Analysts Now Have New Forecasts

NatWest Group (LON:NWG) Is Paying Out A Larger Dividend Than Last Year

Mar 04
NatWest Group (LON:NWG) Is Paying Out A Larger Dividend Than Last Year

NatWest Group (LON:NWG) Will Pay A Larger Dividend Than Last Year At £0.155

Feb 17
NatWest Group (LON:NWG) Will Pay A Larger Dividend Than Last Year At £0.155
author-image

Calculated Growth And Optimisation Propel Revenue Yet Margin Pressures Pose Risks

NatWest's focus on disciplined growth and simplification could boost future income, revenue, and earnings through strategic acquisitions and market share expansion.

Shareholder Returns

NWGGB BanksGB Market
7D1.0%3.1%3.2%
1Y59.3%53.8%16.4%

Return vs Industry: NWG exceeded the UK Banks industry which returned 53.8% over the past year.

Return vs Market: NWG exceeded the UK Market which returned 16.4% over the past year.

Price Volatility

Is NWG's price volatile compared to industry and market?
NWG volatility
NWG Average Weekly Movement3.5%
Banks Industry Average Movement3.8%
Market Average Movement5.0%
10% most volatile stocks in GB Market11.2%
10% least volatile stocks in GB Market2.6%

Stable Share Price: NWG has not had significant price volatility in the past 3 months compared to the UK market.

Volatility Over Time: NWG's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
172759,400John-Paul Thwaitewww.natwestgroup.com

NatWest Group plc, together with its subsidiaries, provides banking and financial products and services in the United Kingdom and internationally. It operates through Retail Banking, Private Banking, Commercial & Institutional segments. The Retail Banking segment offers a range of banking products and related financial services, such as current accounts, mortgages, personal unsecured lending, and personal deposits, as well as mobile and online banking services.

NatWest Group plc Fundamentals Summary

How do NatWest Group's earnings and revenue compare to its market cap?
NWG fundamental statistics
Market capUK£42.22b
Earnings (TTM)UK£4.84b
Revenue (TTM)UK£14.86b
8.9x
P/E Ratio
1.0x
P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NWG income statement (TTM)
RevenueUK£14.86b
Cost of RevenueUK£0
Gross ProfitUK£14.86b
Other ExpensesUK£10.02b
EarningsUK£4.84b

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

Oct 24, 2025

Earnings per share (EPS)0.60
Gross Margin100.00%
Net Profit Margin32.56%
Debt/Equity Ratio330.9%

How did NWG perform over the long term?

See historical performance and comparison

Dividends

4.0%
Current Dividend Yield
42%
Payout Ratio

Does NWG pay a reliable dividends?

See NWG dividend history and benchmarks
When do you need to buy NWG by to receive an upcoming dividend?
NatWest Group dividend dates
Ex Dividend DateAug 07 2025
Dividend Pay DateSep 12 2025
Days until Ex dividend5 days
Days until Dividend pay date31 days

Does NWG pay a reliable dividends?

See NWG dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/11 22:20
End of Day Share Price 2025/08/11 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

NatWest Group plc is covered by 47 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Arturo de Frias MarquesBanco Santander
Thomas Andrew RaynerBarclays
Amandeep RakkarBarclays