Price History

Hover for the daily close. The dotted line marks the period open.

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NWG Key Statistics

As of Sep 4, 2026

Trading

Open: $18.86
Previous Close: $18.95
Day's Range: 18.86–19.00
52-Week Range: 13.56–19.42
Volume: 1.92M
Beta: 0.81

Valuation

Market Cap: $75.19B
P/E Ratio: 9.38
Forward P/E: 8.68
PEG Ratio: 1.49
P/S ratio: 4.47
EPS (ttm): 2.02

Financials (FY)

Revenue (FY): $16.61B+13.35%
Net Income (FY): $5.83B+21.43%
Profit margin: 37.73%
Shares Outstanding: 3.97B
1-Year Return: +40.49%

Dividend and dates

Dividend: $0.94+4.98%
Ex-Dividend Date: August 14, 2026
Earnings Date: October 30, 2026
Avg Volume: 4.27M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

NWG Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

−26.25%+92.31%+12.88%

2016*2017201820192020202120222023202420252026*

Year	Return
2026 (partial year)	+12.88%
2025	+81.29%
2024	+92.31%
2023	−4.84%
2022	+10.30%
2021	+39.24%
2020	−24.93%
2019	+29.19%
2018	−26.25%
2017	+38.16%
2016 (partial year)	+14.73%

As of September 4, 2026.

NWG Revenue and Earnings by Fiscal Year

FY ends December

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	$16.61B	$5.83B	35.1%
2024	$14.65B	$4.80B	32.8%
2023	$14.78B	$4.64B	31.4%
2022	$13.35B	$3.59B	26.9%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	$16.61B	—	—	$5.83B	35.1%
2024	$14.65B	—	—	$4.80B	32.8%
2023	$14.78B	—	—	$4.64B	31.4%
2022	$13.35B	—	—	$3.59B	26.9%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

NWG Dividend History

’18’19’20’21’22’23’24’25’26*

$0.65+45.3% vs 2024

Dividends per share, 2025 · 2 payments

Year	Dividends per share	Payments	Change
2026*	$0.94	2	—
2025	$0.65	2	+45.3%
2024	$0.44	2	−14.6%
2023	$0.52	3	−28.9%

Year	Dividends per share	Payments	Change
2026 (partial year)	$0.94	2	—
2025	$0.65	2	+45.3%
2024	$0.44	2	−14.6%
2023	$0.52	3	−28.9%
2022	$0.73	3	+306.4%
2021	$0.18	2	−19.3%
2020	$0.22	1	−67.0%
2019	$0.68	2	+1131.4%
2018	$0.05	1	—

Most recent payment: $0.47 per share, ex-dividend August 14, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

NWG Valuation vs Banks - Regional Median

Median of 380 stocks

Metric	NWG	Banks - Regional median	vs median
P/E	9.38	12.62	26% below
P/S ratio	4.47	3.77	19% above
Profit margin	37.73%	29.15%	8.6 pts above

Medians across 380 Banks - Regional stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Recent News

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

NatWest Group plc (NWG) carries a market capitalisation of $75.19B. It is classified in the Banks - Regional industry, within the Financial Services sector. The company reports 59,000 employees.

Over the past 52 weeks the price has ranged from $13.56 to $19.42. NWG last closed at $18.94 on September 4, 2026. That is −$0.01 (−0.05%) against the previous close. The latest close sits 39.68% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $16.61B. Against the prior fiscal year total of $14.65B, that is a change of +13.35%. The same year closed with net income of $5.83B. That is +21.43% against the prior fiscal year. The reported profit margin is 37.73%. That is 8.6 percentage points above the Banks - Regional median of 29.15%. Trailing earnings per share are 2.02.

Across the 4 fiscal years on file, revenue moves from $13.35B in 2022 to $16.61B in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

NWG trades at a trailing price-to-earnings ratio of 9.38. That is 25.67% below the Banks - Regional median of 12.62. The forward P/E on file is 8.68. The PEG ratio, which sets the P/E against expected earnings growth, reads 1.49. The price-to-sales ratio is 4.47. On price-to-sales that is 18.63% above the Banks - Regional median of 3.77. 380 Banks - Regional companies report these metrics, and the medians quoted come from that group.

Beta against the wider market is reported at 0.81. Annualized volatility over the trailing 10 years is 36.56%. The trailing one-year price return is +40.49%. Across 10 years the annualized return works out at +19.13%.

Growth & Income

Shareholders receive a dividend, yielding 4.98% on the latest price. That is 2.3 percentage points above the Banks - Regional median yield of 2.7%. At the indicated rate that is $0.94 a share a year. The ex-dividend date on file is August 14, 2026. Dividends are recorded for 9 calendar years; 2026 shows 2 payments totalling $0.94 a share. The year before, 2025, totalled $0.65 a share.

Across the complete calendar years on file, 2024 returned +92.31% and 2018 returned −26.25%. Of the 9 complete calendar years on file, 6 finished higher. So far in 2026 the price is +12.88%.

Peer Comparison

NatWest Group plc (NWG) operates in the Banks - Regional industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
NatWest Group plc	NWG	$75.19B	9.4
Mizuho Financial Group, Inc.	MFG	$135.92B	16.0
HDFC Bank Limited	HDB	$119.10B	16.0
ICICI Bank Limited	IBN	$108.74B	18.7

The Banks - Regional industry average P/E ratio is 12.6x. NatWest Group plc trades at a P/E of 9.4.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About NatWest Group plc

NatWest Group plc, together with its subsidiaries, provides banking and financial products and services in the United Kingdom and internationally. It operates through the Retail Banking, Private Banking, and 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. Its Private Banking segment provides banking, lending, and wealth management products for high-net-worth individuals and their business interests. The Commercial & Institutional segment consists of customer businesses under business banking, commercial mid-market, and corporates and institutions; and offers banking operations services in the Channel Islands, Isle of Man, Gibraltar, and Luxembourg, as well as products and solutions for businesses comprising start-ups, corporates, and large institutions. The company was formerly known as The Royal Bank of Scotland Group plc and changed its name to NatWest Group plc in July 2020. NatWest Group plc was founded in 1727 and is headquartered in Edinburgh, the United Kingdom.

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NatWest Group plc (NWG) Stock Analysis