Quarterly ResultJul 31, 2026, 11:01 AM
NatWest H1 2026 Attributable Profit £3.0B; RoTE 19.7%; Interim Dividend 12.0p
AI Summary
NatWest Group plc reported a strong financial performance for H1 2026, with attributable profit rising 22.0% to £3.0 billion and Return on Tangible Equity (RoTE) reaching 19.7%. The company announced an interim dividend of 12.0p per share and plans to consider share buybacks from full year 2026, six months earlier than previously planned. Total income increased by 11.0% to £8,862 million, driven by lending growth and deposit margin expansion, while the cost:income ratio improved to 46.0%. The acquisition of Evelyn Partners significantly contributed to a 10.7% increase in customer assets and liabilities.
Key Highlights
- Attributable profit for H1 2026 was £3.0 billion, up 22.0% from H1 2025.
- Return on Tangible Equity (RoTE) reached 19.7% for H1 2026.
- Interim dividend declared at 12.0p per share, with share buybacks to be considered from FY 2026.
- Total income for H1 2026 increased by 11.0% to £8,862 million.
- Customer assets and liabilities (CAL) grew by £95.2 billion (10.7%) in H1 2026, including £71.7 billion from Evelyn Partners acquisition.
- Cost:income ratio (excl. litigation and conduct) improved by 2.8 percentage points to 46.0% in H1 2026.
- Common Equity Tier 1 (CET1) ratio stood at 13.2% at June 30, 2026.
- Guidance for 2026 includes total income of around £17.9 billion and RoTE greater than 19%.
Price Impact
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