NatWest Group plc

NWG Financial Banks Regional

NatWest Group plc’s revenue for fiscal 2025 (year ended December 2025) was $38.9 billion, up 6.42% from fiscal 2024.

Revenue
+12.9%
EPS
+40.5%
Free cash flow
−47.4%
Total debt
−8.24%

Quarter to September 2026, against a year earlier

15.97 0.58 −3.50%
Market cap
$63.1B
P/E
8.3×
Fwd P/E
7.9×
Dividend yield
5.90%
F-score
8/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

NatWest Group plc (NWG) Revenue growth

Alert me on Revenue growth

NatWest Group plc's revenue growth over the twelve months to 30 September 2026 was 27.5%, up 21.0 percentage points from fiscal 2025 (6.42%). Over the past ten years it has ranged from −25.0% (fiscal 2020) to 55.9% (fiscal 2023); the current reading is higher than 55% of that period. That is above the Banks Regional industry median of 6.37% and above the Financial sector median of 7.33%.

Revenue growth, annual

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Annual newest first

Period Revenue growth Change (points)
FY2025 6.42% (12.46)
FY2024 18.9% (37.03)
FY2023 55.9% 38.41
FY2022 17.5% 17.81
FY2021 −0.31% 24.66
FY2020 −25.0% (31.45)
FY2019 6.48% (1.29)
FY2018 7.77% 12.43
FY2017 −4.66% 11.89
FY2016 −16.6% 4.81

Quarterly newest first

Period Revenue growth Change (points)
Sep 2026 12.9% (1.17)
Mar 2026 14.1% (11.62)
Sep 2025 25.7% (54.71)
Mar 2025 80.4% 37.87
30 more quarters

Against its own ten years

Low −25.0% High 55.9%
Ten-year median 6.42%
Current reading's percentile 55

Revenue growth against peers

Company Revenue growth
NU Nu Holdings Ltd. compare 50.5%
NWG NatWest Group plc 27.5%
FITB Fifth Third Bancorp compare 24.5%
KB KB Financial Group Inc compare 14.3%
PNC The PNC Financial Services Group, Inc compare 7.03%
USB U.S. Bancorp compare 3.38%
DB Deutsche Bank Aktiengesellschaft compare −0.57%
TFC Truist Financial Corporation compare −5.37%
LYG Lloyds Banking Group PLC compare −76.8%
Banks Regional industry median 6.37%
Financial sector median 7.33%
Market median 7.58%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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