NatWest Group Past Earnings Performance
Past criteria checks 3/6
NatWest Group has been growing earnings at an average annual rate of 24.9%, while the Banks industry saw earnings growing at 24.1% annually. Revenues have been growing at an average rate of 5.6% per year. NatWest Group's return on equity is 11.7%, and it has net margins of 30.4%.
Key information
24.9%
Earnings growth rate
29.8%
EPS growth rate
| Banks Industry Growth | 21.2% |
| Revenue growth rate | 5.6% |
| Return on equity | 11.7% |
| Net Margin | 30.4% |
| Next Earnings Update | 26 Jul 2024 |
Recent past performance updates
Recent updates
NatWest Group plc Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Apr 30
NatWest Group plc Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Feb 20NatWest Group (LON:NWG) Has Announced That It Will Be Increasing Its Dividend To £0.115
Feb 19Should You Be Adding NatWest Group (LON:NWG) To Your Watchlist Today?
Jan 27Should You Be Adding NatWest Group (LON:NWG) To Your Watchlist Today?
Aug 11NatWest Group (LON:NWG) Is Increasing Its Dividend To £0.10
Feb 21We Ran A Stock Scan For Earnings Growth And NatWest Group (LON:NWG) Passed With Ease
Jan 13Is Now The Time To Put NatWest Group (LON:NWG) On Your Watchlist?
Sep 23NatWest Group (LON:NWG) Will Pay A Larger Dividend Than Last Year At £0.035
Aug 01Revenue & Expenses BreakdownBeta
How NatWest Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 13,747 | 4,184 | 8,092 | 0 |
| 31 Dec 23 | 14,171 | 4,506 | 7,996 | 0 |
| 30 Sep 23 | 14,488 | 4,621 | 7,924 | 0 |
| 30 Jun 23 | 14,211 | 4,308 | 7,893 | 0 |
| 31 Mar 23 | 13,742 | 4,068 | 7,799 | 0 |
| 31 Dec 22 | 12,980 | 3,602 | 7,687 | 0 |
| 30 Sep 22 | 12,271 | 2,529 | 7,792 | 0 |
| 30 Jun 22 | 12,196 | 2,522 | 7,827 | 0 |
| 31 Mar 22 | 12,102 | 2,705 | 7,689 | 0 |
| 31 Dec 21 | 11,747 | 2,486 | 7,673 | 0 |
| 30 Sep 21 | 11,017 | 2,011 | 7,398 | 0 |
| 30 Jun 21 | 10,603 | 1,496 | 7,058 | 0 |
| 31 Mar 21 | 8,088 | -603 | 6,939 | 0 |
| 31 Dec 20 | 7,687 | -946 | 7,858 | 0 |
| 30 Sep 20 | 8,489 | 766 | 6,851 | 0 |
| 30 Jun 20 | 8,686 | 390 | 7,764 | 0 |
| 31 Mar 20 | 11,909 | 2,714 | 7,716 | 0 |
| 31 Dec 19 | 12,206 | 2,877 | 7,899 | 0 |
| 30 Sep 19 | 12,168 | 2,009 | 7,429 | 0 |
| 30 Jun 19 | 12,880 | 2,772 | 7,366 | 0 |
| 31 Mar 19 | 12,374 | 1,521 | 8,555 | 0 |
| 31 Dec 18 | 12,647 | 1,622 | 8,604 | 0 |
| 30 Sep 18 | 12,786 | 757 | 9,781 | 0 |
| 30 Jun 18 | 12,398 | 701 | 9,479 | 0 |
| 31 Mar 18 | 12,707 | 1,301 | 9,906 | 0 |
| 31 Dec 17 | 12,647 | 752 | 8,820 | 0 |
| 30 Sep 17 | 13,125 | -3,110 | 11,956 | 0 |
| 30 Jun 17 | 13,274 | -3,971 | 12,728 | 0 |
| 31 Mar 17 | 12,572 | -5,728 | 14,005 | 0 |
| 31 Dec 16 | 12,238 | -6,955 | 15,393 | 0 |
| 30 Sep 16 | 12,020 | -5,344 | 10,853 | 0 |
| 30 Jun 16 | 12,119 | -5,028 | 10,371 | 0 |
| 31 Mar 16 | 13,104 | -4,345 | 9,385 | 0 |
| 31 Dec 15 | 13,911 | -3,520 | 12,849 | 0 |
| 30 Sep 15 | 14,499 | -2,599 | 12,259 | 0 |
| 30 Jun 15 | 15,720 | -1,667 | 13,046 | 0 |
| 31 Mar 15 | 15,766 | -1,250 | 13,170 | 0 |
| 31 Dec 14 | 16,507 | -25 | 12,429 | 0 |
| 30 Sep 14 | 9,383 | -7,243 | 10,938 | 0 |
| 30 Jun 14 | 8,140 | -8,845 | 11,397 | 0 |
| 31 Mar 14 | 8,633 | -8,735 | 12,597 | 0 |
| 31 Dec 13 | 8,723 | -9,553 | 15,544 | 0 |
| 30 Sep 13 | 15,413 | -2,699 | 16,558 | 0 |
| 30 Jun 13 | 15,099 | -3,348 | 16,356 | 0 |
Quality Earnings: NWG has high quality earnings.
Growing Profit Margin: NWG's current net profit margins (30.4%) are higher than last year (29.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NWG has become profitable over the past 5 years, growing earnings by 24.9% per year.
Accelerating Growth: NWG's earnings growth over the past year (2.9%) is below its 5-year average (24.9% per year).
Earnings vs Industry: NWG earnings growth over the past year (2.9%) did not outperform the Banks industry 15.9%.
Return on Equity
High ROE: NWG's Return on Equity (11.7%) is considered low.