Natwest Group plc income statement

In fiscal 2025, Natwest Group plc reported revenue of $39.90bn, up 6.5% on the year before and net income of $7.70bn, or $1.78 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Natwest Group plc: income statement, annual
Fiscal year	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	25.8	21.6	20.7	22.3	23.2	17.3	17.5	20.5	31.6	37.5	39.9
General and administrative	—	14.8	7.3	7.3	6.8	5.1	5.6	4.9	5.1	5.2	5.4
Interest expense	4.8	3.5	2.6	3.2	4.2	3.0	2.3	3.5	12.4	17.8	17.0
Income before tax	−4.1	−5.5	2.9	4.5	5.1	−0.7	5.3	6.3	7.7	7.9	10.2
Income tax	0.0	1.6	0.9	1.6	0.6	0.1	1.4	1.6	1.8	1.9	2.5
Net income	−1.8	−7.1	1.9	2.9	4.9	−0.6	4.6	4.4	5.8	6.1	7.7
Diluted EPS	—	—	—	—	—	—	—	$0.83	$1.19	$1.36	$1.78
Diluted shares (average)	5,371m	5,449m	5,538m	5,596m	5,615m	5,616m	5,419m	4,965m	4,610m	4,258m	4,063m

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

Compare with peers

Head to head: FITB vs NWG HBAN vs NWG MTB vs NWG

More: Regional Banks stocks compared, Financials sector, rankings of US companies

Figures from Natwest Group plc's SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Natwest Group plc.