NatWest Group plc Q1 2026 Results
NatWest Group plc reported a strong financial performance for Q1 2026, with total income of Β£4.4 billion and operating profit of Β£2.0 billion, an increase compared to Q1 2025. The bank achieved a return on equity of 13.3% and a Return on Tangible Equity of 18.2%. Key highlights include a 15.5% increase in earnings per share to 17.9 pence, and strong growth in customer assets and liabilities (CAL), which increased by 0.9% in the quarter and 5.2% year-on-year. Net loans to customers grew by Β£12.7 billion, and customer deposits increased by Β£2.5 billion. The cost-income ratio improved to 46.9%, driven by ongoing restructuring and increased use of AI. The Common Equity Tier 1 (CET1) ratio stood at 14.3%. The outlook for income excluding notable items is at the top end of the previously guided range of Β£17.2 - 17.6 billion.