NatWest Group plc (NWG)

GB — Financial Services Sector
Peers: BBDO  ACGL  KB  MTB  TFC  HIG  RJF  FITB  WTW 

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Key Metrics & Ratings

  • symbol NWG
  • Rev/Share 12.9328
  • Book/Share 313.2683
  • PB 0.0
  • Debt/Equity 0.0
  • CurrentRatio 0.0
  • ROIC 0.0

 

  • MktCap 25074606933.744
  • FreeCF/Share 0.0
  • PFCF 0.0
  • PE 4.4595
  • Debt/Assets 0.1282
  • DivYield 0.0396
  • ROE 0.1827

 

  • Rating C+
  • Score 2
  • Recommendation Sell
  • P/E Score 4
  • DCF Score 1
  • P/B Score 1
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Downgrade NWG BNP Paribas Exane Neutral Underperform -- -- Sept. 5, 2025
Downgrade NWG Exane BNP Paribas Outperform Neutral -- -- March 4, 2025
Upgrade NWG Jefferies Underperform Buy -- -- Oct. 15, 2024
Initiation NWG Goldman -- Buy -- -- Oct. 4, 2024
Initiation NWG Kepler -- Buy -- -- Sept. 5, 2024

News

Best Momentum Stocks to Buy for Nov. 12
IBKR, NWG, STNE
Published: November 12, 2025 by: Zacks Investment Research
Sentiment: Positive

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, Nov.12:

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image for news Best Momentum Stocks to Buy for Nov. 12
Best Value Stock to Buy for Oct. 31st
CNC, NWG, UVV
Published: October 31, 2025 by: Zacks Investment Research
Sentiment: Positive

CNC, NWG and UVV made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 31, 2025.

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image for news Best Value Stock to Buy for Oct. 31st
NatWest Q3: Growing Hedge Income Drives Another Strong Quarter
NWG
Published: October 28, 2025 by: Seeking Alpha
Sentiment: Positive

NatWest Group delivered another strong set of results for the third quarter, with a 22.3% return on tangible equity comfortably exceeding sell-side consensus. The bank continues to benefit from the hedging of its rate-insensitive funding sources, which is fueling net interest margin expansion even as wider interest rates have fallen. NatWest's shares have re-rated to around 1.6x tangible book value. While that is high compared to its recent historical range, NatWest's strong profitability more than justifies this.

Read More
image for news NatWest Q3: Growing Hedge Income Drives Another Strong Quarter
Buy These 5 Low-Leverage Stocks as Market Touches New Record High
AA, CASY, CBOE, NWG, SAFRY
Published: October 28, 2025 by: Zacks Investment Research
Sentiment: Positive

As the market hits record highs, investors can find stability in five low-leverage picks like NWG, CBOE, AA, SAFRY and CASY.

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image for news Buy These 5 Low-Leverage Stocks as Market Touches New Record High
Are You Looking for a Top Momentum Pick? Why NatWest Group (NWG) is a Great Choice
NWG
Published: October 27, 2025 by: Zacks Investment Research
Sentiment: Positive

Does NatWest Group (NWG) have what it takes to be a top stock pick for momentum investors? Let's find out.

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image for news Are You Looking for a Top Momentum Pick? Why NatWest Group (NWG) is a Great Choice
NWG vs. ITUB: Which Stock Should Value Investors Buy Now?
ITUB, NWG
Published: October 27, 2025 by: Zacks Investment Research
Sentiment: Positive

Investors interested in stocks from the Banks - Foreign sector have probably already heard of NatWest Group (NWG) and Banco Itau (ITUB). But which of these two stocks is more attractive to value investors?

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image for news NWG vs. ITUB: Which Stock Should Value Investors Buy Now?
Lloyds and NatWest undervalued compared to European peers, says analyst
LYG, NWG
Published: October 27, 2025 by: Proactive Investors
Sentiment: Positive

UK domestic banks remain undervalued relative to European peers despite resilient earnings, strong capital positions and rising returns, JPMorgan said. The big British lenders were estimated to be trading at just 7.1 times forward earnings, compared to 8.6 times for the broader European sector, with price-to-tangible net asset value at 1.1x for 2027 estimates.

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image for news Lloyds and NatWest undervalued compared to European peers, says analyst
NatWest Group quietly delivering, says leading investment banl
NWG
Published: October 27, 2025 by: Proactive Investors
Sentiment: Positive

NatWest Group PLC (LSE:NWG) latest results suggest the bank has found its rhythm again. UBS lifted its price target to 665p from 590p and kept a 'buy' rating, arguing that solid momentum across lending, income and capital returns supports management's more confident tone.

Read More
image for news NatWest Group quietly delivering, says leading investment banl
Are Investors Undervaluing NatWest Group (NWG) Right Now?
NWG
Published: October 27, 2025 by: Zacks Investment Research
Sentiment: Positive

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

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image for news Are Investors Undervaluing NatWest Group (NWG) Right Now?
NatWest Group plc (NWG) Q3 2025 Earnings Call Transcript
NWG
Published: October 24, 2025 by: Seeking Alpha
Sentiment: Neutral

NatWest Group plc (NYSE:NWG ) Q3 2025 Earnings Call October 24, 2025 4:00 AM EDT Company Participants Paul Thwaite - Group CEO & Executive Director Katie Murray - Group CFO & Executive Director Conference Call Participants Benjamin Caven-Roberts - Goldman Sachs Group, Inc., Research Division Sheel Shah - JPMorgan Chase & Co, Research Division Aman Rakkar - Barclays Bank PLC, Research Division Alvaro de Tejada - Morgan Stanley, Research Division Christopher Cant - Bernstein Autonomous LLP Jonathan Richard Pierce - Jefferies LLC, Research Division Guy Stebbings - BNP Paribas Exane, Research Division Robert Noble - Deutsche Bank AG, Research Division …

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image for news NatWest Group plc (NWG) Q3 2025 Earnings Call Transcript
HSBC taps ex-NatWest executive to lead UK business, FT reports
HSBC, NWG
Published: October 20, 2025 by: Reuters
Sentiment: Neutral

HSBC has hired former NatWest executive David Lindberg to lead its UK business in the latest reshuffle of top leadership under Chief Executive Georges Elhedery, the Financial Times reported on Monday.

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image for news HSBC taps ex-NatWest executive to lead UK business, FT reports
NatWest Group (NWG) is a Top Dividend Stock Right Now: Should You Buy?
NWG
Published: October 16, 2025 by: Zacks Investment Research
Sentiment: Positive

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does NatWest (NWG) have what it takes?

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image for news NatWest Group (NWG) is a Top Dividend Stock Right Now: Should You Buy?
This is Why NatWest Group (NWG) is a Great Dividend Stock
NWG
Published: September 30, 2025 by: Zacks Investment Research
Sentiment: Positive

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does NatWest (NWG) have what it takes?

Read More
image for news This is Why NatWest Group (NWG) is a Great Dividend Stock
NWG or NRDBY: Which Is the Better Value Stock Right Now?
NRDBY, NWG
Published: September 18, 2025 by: Zacks Investment Research
Sentiment: Positive

Investors interested in stocks from the Banks - Foreign sector have probably already heard of NatWest Group (NWG) and Nordea Bank AB (NRDBY). But which of these two companies is the best option for those looking for undervalued stocks?

Read More
image for news NWG or NRDBY: Which Is the Better Value Stock Right Now?
NatWest Group (NWG) Could Be a Great Choice
NWG
Published: September 12, 2025 by: Zacks Investment Research
Sentiment: Positive

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does NatWest (NWG) have what it takes?

Read More
image for news NatWest Group (NWG) Could Be a Great Choice
What Makes NatWest (NWG) a New Buy Stock
NWG
Published: September 10, 2025 by: Zacks Investment Research
Sentiment: Positive

NatWest (NWG) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

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image for news What Makes NatWest (NWG) a New Buy Stock
NatWest Group Plc (NWG) Presents At Barclays 23rd Annual Global Financial Services Conference (Transcript)
NWG
Published: September 09, 2025 by: Seeking Alpha
Sentiment: Neutral

NatWest Group plc (NYSE:NWG ) Barclays 23rd Annual Global Financial Services Conference September 9, 2025 9:00 AM EDT Company Participants Katie Murray - Group CFO & Executive Director Conference Call Participants Aman Rakkar - Barclays Bank PLC, Research Division Presentation Aman Rakkar European Banks Analyst Thank you, everyone. I don't want to stop everyone from the boisterous conversation that we're clearly really enjoying in the room today, but we'll kick off with the fireside just in the interest of time, but thank you very much, everyone, for joining us for the European track of the Barclays Global Financial Services Conference.

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image for news NatWest Group Plc (NWG) Presents At Barclays 23rd Annual Global Financial Services Conference (Transcript)
Lloyds and NatWest tipped to benefit most from European bank sector trends
LYG, NWG
Published: September 05, 2025 by: Proactive Investors
Sentiment: Positive

Lloyds Banking Group PLC (LSE:LLOY) and NatWest Group PLC (LSE:NWG) could be among the biggest winners in the next leg of the European banking sector's rerating, according to analysts at Keefe, Bruyette & Woods. Loan growth – running at an annualised 3% in the first half of 2025 – will be central to driving valuations higher in the sector, alongside a steeper yield curve, the broker said.

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image for news Lloyds and NatWest tipped to benefit most from European bank sector trends
Bet on These 5 Low-Leverage Stocks Amid Higher Treasury Yields
DORM, NTRS, NVDA, NWG, STRL
Published: September 04, 2025 by: Zacks Investment Research
Sentiment: Positive

Safe bet stocks like NVDA, STRL, NTRS, DORM, and NWG stand out as low-leverage picks amid market volatility.

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image for news Bet on These 5 Low-Leverage Stocks Amid Higher Treasury Yields
NatWest, Lloyds rebound as analysts downplay tax concerns
NWG
Published: September 01, 2025 by: Invezz
Sentiment: Positive

British bank stocks recovered modestly on Monday after sharp losses last week, with analysts arguing that fears of new taxes on the sector may be overstated. NatWest (NWG) shares, which fell 4.9% on Friday, and Lloyds (LLOY), which dropped 3.4%, were both trading in the green at market open on Monday.

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image for news NatWest, Lloyds rebound as analysts downplay tax concerns
NWG vs. CM: Which Stock Is the Better Value Option?
CM, NWG
Published: August 29, 2025 by: Zacks Investment Research
Sentiment: Positive

Investors with an interest in Banks - Foreign stocks have likely encountered both NatWest Group (NWG) and Canadian Imperial Bank (CM). But which of these two stocks is more attractive to value investors?

Read More
image for news NWG vs. CM: Which Stock Is the Better Value Option?
Are You Looking for a High-Growth Dividend Stock?
NWG
Published: August 27, 2025 by: Zacks Investment Research
Sentiment: Positive

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does NatWest (NWG) have what it takes?

Read More
image for news Are You Looking for a High-Growth Dividend Stock?
NatWest Group (NWG) Could Be a Great Choice
NWG
Published: August 11, 2025 by: Zacks Investment Research
Sentiment: Positive

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does NatWest (NWG) have what it takes?

Read More
image for news NatWest Group (NWG) Could Be a Great Choice
NWG vs. NRDBY: Which Stock Should Value Investors Buy Now?
NRDBY, NWG
Published: August 07, 2025 by: Zacks Investment Research
Sentiment: Positive

Investors looking for stocks in the Banks - Foreign sector might want to consider either NatWest Group (NWG) or Nordea Bank AB (NRDBY). But which of these two stocks is more attractive to value investors?

Read More
image for news NWG vs. NRDBY: Which Stock Should Value Investors Buy Now?
Buy These 5 Low-Leverage Stocks Amid Tariff-Induced Uncertainty
INGR, KINS, LXFR, NWG, ZION
Published: August 06, 2025 by: Zacks Investment Research
Sentiment: Positive

Amid market jitters and tariff threats, low-leverage picks like NWG, ZION, INGR, KINS and LXFR offer safer growth potential.

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image for news Buy These 5 Low-Leverage Stocks Amid Tariff-Induced Uncertainty
NatWest upgrades guidance again as profits beat expectations, but broker stays cautious
NWG
Published: July 28, 2025 by: Proactive Investors
Sentiment: Positive

Shore Capital says NatWest Group PLC (LSE:NWG) second quarter results have once again outpaced market forecasts, prompting the bank's management to raise its full-year targets. Return on tangible equity (RoTE) for the period came in at 17.7%, comfortably ahead of expectations, and NatWest now expects to deliver at least 16.5% for the year as a whole.

Read More
image for news NatWest upgrades guidance again as profits beat expectations, but broker stays cautious
NatWest Q2 Earnings: Still Reaping The Benefits Of Growing Hedge Income
NWG
Published: July 25, 2025 by: Seeking Alpha
Sentiment: Positive

NatWest delivered strong Q2 2025 results, clearing analyst expectations on both revenue and profit, and delivering a healthy 17.7% return on tangible equity. The bank's structural hedge continues to reprice into the prevailing yield environment, which is contributing to strong growth in net interest income and earnings. With the shares still trading for less than 1.5x tangible net asset value, the valuation remains attractive.

Read More
image for news NatWest Q2 Earnings: Still Reaping The Benefits Of Growing Hedge Income
NatWest Group plc (NWG) Q2 2025 Earnings Call Transcript
NWG
Published: July 25, 2025 by: Seeking Alpha
Sentiment: Neutral

NatWest Group plc (NYSE:NWG ) Q2 2025 Earnings Conference Call July 25, 2025 4:00 AM ET Company Participants John-Paul Thwaite - Group CEO & Executive Director Katie Murray - Group CFO & Executive Director Conference Call Participants Alvaro Serrano Saenz de Tejada - Morgan Stanley, Research Division Amandeep Singh Rakkar - Barclays Bank PLC, Research Division Amit Goel - Mediobanca—Banca di credito finanziario S.p.A., Research Division Christopher Cant - Bernstein Autonomous LLP Edward Hugo Anson Firth - Keefe, Bruyette, & Woods, Inc., Research Division Guy Stebbings - BNP Paribas Exane, Research Division Jason Clive Napier - UBS Investment Bank, Research …

Read More
image for news NatWest Group plc (NWG) Q2 2025 Earnings Call Transcript
NatWest scales-up support for net-zero transition
NWG
Published: July 25, 2025 by: Reuters
Sentiment: Positive

British lender NatWest plans to double the amount of money it will dedicate to help clients meet decarbonisation and climate goals, saying on Friday that it recognised it needed to do more to support the energy transition.

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image for news NatWest scales-up support for net-zero transition
Lloyds and NatWest consensus forecasts for next week's results
LYG, NWG
Published: July 18, 2025 by: Proactive Investors
Sentiment: Positive

Lloyds Banking Group PLC (LSE:LLOY) reports second-quarter results next Thursday, 24 July, with NatWest Group PLC (LSE:NWG) following on Friday, 25 July, with the City analyst consensus pointing to growing profits at both. Consensus forecasts compiled by the company are for £4.5 billion of net income, up from the £4.4 billion in the first quarter.

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image for news Lloyds and NatWest consensus forecasts for next week's results

About NatWest Group plc (NWG)

  • IPO Date 2007-10-18
  • Website https://www.natwestgroup.com
  • Industry Banks - Diversified
  • CEO John-Paul Thwaite
  • Employees 59400

NatWest Group plc, together with its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers in the United Kingdom and internationally. It operates through Retail Banking, Commercial Banking, Private Banking, RBS International, and NatWest Markets 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. The Commercial Banking segment offers banking and financing solutions to start-up, SME, commercial, corporate, and institutional customers. The Private Banking segment provides private banking and wealth management products for high-net-worth individuals and their business interests. The RBS International segment offers banking various products and services to institutional customers. It also operates in wholesale branches and fund depositary service businesses. The NatWest Markets segment provides services to corporate and institutional customers for the management of financial risks for achieving short-term and long-term sustainable financial goals. NatWest Group plc operates approximately 800 branches and 16,000 physical points of presence. 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.