NatWest Group plc Q1 2026 Financial Results

NatWest Group plc reported a strong financial performance in Q1 2026. Total income increased by 0.8% to £4,358 million, and operating profit before tax rose by 4.8% to £2,033 million compared to Q4 2025. Attributable profit was £1,507 million, a 2.0% increase from the previous quarter. The Return on Tangible Equity (RoTE) was 18.2%. The bank saw strong growth in customer assets and liabilities, with net loans increasing by £7.2 billion and customer deposits by £3.1 billion. The cost:income ratio improved to 46.5%. The Common Equity Tier 1 (CET1) ratio strengthened to 14.3%. The outlook for total income excluding notable items is now expected to be at the top end of the guided range (£17.2 - £17.6 billion).