NatWest profits surge as bank nears full private ownership
- NatWest Group reported a 36% rise in first-quarter 2025 operating profit to £1.8 billion, exceeding analyst forecasts as the bank moves toward full private ownership.
- The profit increase followed a surge in customer deposits and net loans, driven by mortgages and business lending ahead of tax changes and economic uncertainty globally.
- NatWest's domestic focus and portfolio supported resilience against market volatility from US tariffs, even as business sentiment dipped and some large firms adopted a cautious stance.
- CEO Paul Thwaite said, "our customers remain resilient" despite "sentiment has dipped" and noted the bank expects full-year income and returns at the upper end of guidance.
- The government’s shareholding fell below 2% in April, marking a symbolic step toward privatization after the 2008 bailout, while NatWest completed acquiring Sainsbury's Bank, adding over a million accounts.
19 Articles
19 Articles


NatWest's profits jump by third as return to privatisation could be weeks away
PROFITS at NatWest have jumped by a third with the bank’s return to privatisation looking weeks away. The Government’s stake in the bank, which was bailed out by taxpayers in the 2008 crisis, has fallen to below 2 per cent. AlamyThe Government’s stake in the bank, which was bailed out by taxpayers in the 2008 crisis, has fallen to below 2 per cent[/caption] At the current rate of share sales, it could be offloaded entirely by mid-summer. NatW…
NatWest profit leaps by a third as customers ‘resilient’ against uncertainty despite cost of living concerns
NatWest has revealed its profit jumped by more than a third in recent months as the bank said its customers were “resilient” against “increased global economic uncertainty”.
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