NatWest Reports 24% Profit Rise, Plans £750M Buyback and Lifts RoTE Target
NatWest’s annual profit jumped 24% year-on-year while total income rose 12% to £16.4 billion in 2025, slightly ahead of forecasts. The bank announced a £750 million share buyback for H1 2026 and lifted medium-term RoTE and income growth targets after a Q4 beat.
1. Strong 2025 Profit and Income Growth
NatWest delivered a 24% increase in full-year profit and recorded total income of £16.4 billion, marking a 12% expansion year-on-year and marginally surpassing analyst forecasts.
2. £750M Share Buyback and Enhanced Dividends
The bank unveiled a £750 million share repurchase program for the first half of 2026 and signaled an upward revision in payout ratios to boost shareholder returns.
3. Raised RoTE and Medium-Term Performance Targets
Following a Q4 earnings beat, NatWest increased its return on tangible equity target and set more ambitious medium-term goals for income growth and profitability.