NatWest Group

NWG · LSE · GBp

662.80 GBpChange from previous close: +1.75%Absolute change: +11.40 GBp

Close · October 2, 2026

At a glance

Revenue growth
+11.34%
2025 vs 2024
Net income growth
+21.43%
2025 vs 2024
Net margin
36.5%
2024: 33.5%

Financial data

Amounts in millions of GBP; per-share values in GBP; shares in millions.

Cash flow · Annual
Item2025202420232022202120202019201820172016
Operating cash flow-12,416-9,603-223-8,267-60.0-33,510-8,6081,41510,263-14,068
Depreciation and amortization1,1541,058934833——————
Capital expenditure-665-464-811-639-901—————
Investing cash flow-13,765-12,699-14,69419,0593,0657,547-716-7,986-6,152-4,359
Financing cash flow15,9949,489-23,519-45,98251,14362,6952,959-7,77419,9405,311
Dividends paid-2,370-1,788-1,698-1,454-1,011-381-1,071-711-628-1,697
Share repurchases-2,558-2,716-2,416-2,054——————
Debt issued5,6926,4374,5844,369——————
Debt repaid-4,177-3,853-5,486-8,685——————
Effect of exchange rates775-1,166-1,1892,933-2,6411,879-1,983676-16.08,094
Net change in cash-9,412-13,979-39,625-32,25751,50738,611-8,348-13,66924,035-5,022
Free cash flow-13,081-10,067-1,034-8,906-961—————