AGM/EGMApr 28, 2026, 08:22 AM
NWG AGM: Strong 2025 Performance, 32.5p Dividend, £1.5B Buybacks
AI Summary
NatWest Group plc held its 2026 Annual General Meeting, highlighting a strong 2025 performance with £16.4 billion income and £7.7 billion operating profits, achieving a 19.2% RoTE. The company returned to full private ownership in May 2025 and announced total dividends of 32.5p per share, a 51% increase, alongside £1.5 billion in share buybacks. Strategic growth included the acquisition of Evelyn Partners and significant customer and balance sheet expansion.
Key Highlights
- Returned to full private ownership in May 2025 as UK Government sold final shares.
- Announced acquisition of Evelyn Partners to meet growing demand for financial advice.
- Reported 2025 income of £16.4 billion and operating profits of £7.7 billion.
- Achieved a return on tangible equity (RoTE) of 19.2% in 2025.
- Declared total dividends per share of 32.5p, a 51% increase compared to previous year.
- Announced two £750 million share buybacks, totaling £1.5 billion.
- Grew mortgage balances by £7 billion and assets under management by 20%.
- Welcomed Josh Critchley and Albert Hitchcock as new independent non-executive directors.