NatWest Q1 2025: A Strong Start to the Year

By: Swarnalata

Published on: May 02, 2025

NatWest (NWG.L) kicked off 2025 with a stellar first-quarter performance, surpassing profit expectations and signaling optimism for the full year. The bank reported an operating profit before tax of £1.81 billion ($2.4 billion), a robust 36% increase from the same period last year. This figure comfortably beat consensus estimates of £1.56 billion, highlighting NatWest's strong financial momentum.

Key Financial Highlights

• Profit After Tax: Reached £1.34 billion, exceeding forecasts of £1.15 billion.


• Profits Attributable to Shareholders: Hit £1.25 billion, surpassing expectations of £1.06 billion.


• Earnings Per Share: Recorded at 15.5p, ahead of the predicted 13.2p.


• Net Interest Income (NII): Grew 14% to £3.06 billion, outperforming estimates of £2.99 billion.

The rise in NII, which reflects the difference between interest paid to savers and interest earned from borrowers, underscores NatWest's ability to navigate a challenging economic environment effectively.

Optimistic Outlook

Buoyed by this strong performance, NatWest now expects its full-year income to reach the upper end of its guidance. This positive revision reflects confidence in sustained growth and operational efficiency throughout 2025.

Why It Matters

NatWest's Q1 results demonstrate resilience in a competitive banking sector, with significant growth in key metrics like NII and shareholder profits. For investors, the bank's ability to exceed expectations and raise its income forecast signals a promising trajectory for the year ahead.

Stay tuned for further updates as NatWest continues to build on this impressive start.