NatWest Group plc filed a Form 6-K with the U.S. Securities and Exchange Commission on October 30, 2026, furnishing its Q3 2026 Interim Management Statement covering the quarter and nine months ended 30 September 2026.

Key Highlights

  • Attributable profit: NatWest reported profit attributable to ordinary shareholders of £1,532 million for Q3 2026, compared with £1,598 million in Q3 2025.
  • Return on Tangible Equity: RoTE was 21.6% for Q3 2026, and 20.2% for the nine months ended 30 September 2026, according to the filing.
  • Earnings per share: Basic earnings per share attributable to ordinary shareholders was 19.3 pence for Q3 2026.
  • CET1 ratio: The Common Equity Tier 1 ratio increased by 30 basis points to 13.5% during the quarter, the filing disclosed.
  • Total income: Total income for Q3 2026 was £4,640 million, up 3.0% from £4,504 million in Q2 2026 and up 7.1% from £4,332 million in Q3 2025.
  • Customer assets and liabilities: CAL reached £1,002.6 billion, up £15.7 billion, or 1.6%, in the quarter and £42.3 billion, or 4.4%, year to date (including Evelyn Partners).
  • Loan impairment rate: The loan impairment rate for the nine months to 30 September 2026 was 21 basis points, the filing stated.

NatWest Group Q3 2026 Financial Performance and Segment Activity

According to the filing, NatWest Group (NYSE:NWG) reported total income of £4,640 million for Q3 2026, with net interest income of £3,559 million and non-interest income of £1,081 million. Operating profit before tax for the quarter was £2,225 million, compared with £2,285 million in Q2 2026 and £2,183 million in Q3 2025. The net interest margin was 2.50% for Q3 2026, one basis point above Q2 2026 and 13 basis points above Q3 2025. Operating expenses for the quarter totalled £2,138 million, including £47 million in litigation and conduct costs.

The filing reported that loans to customers on an amortised cost basis reached £449.0 billion as at 30 September 2026, up from £435.9 billion at 30 June 2026 and £418.9 billion at 31 December 2025. Total assets stood at £758.7 billion at the end of the quarter. The cost:income ratio (excluding litigation and conduct) was 45.7% for the nine months ended 30 September 2026, described in the filing as 2.1 percentage points lower than the prior-year period, supported by gross cost savings of around £420 million. The loan:deposit ratio (excluding repos and reverse repos) was unchanged from Q2 2026 at 90%, and the average Liquidity Coverage Ratio was reported at 137%.

Across its three customer franchises, the filing noted growth in each segment. In Retail Banking, CAL grew by £4.6 billion in the quarter, with mortgages up £1.2 billion and deposits up £3.1 billion. In Commercial and Institutional, net loans to customers grew by £6.7 billion and customer deposits by £3.0 billion in the quarter. In Private Banking and Wealth Management, the filing reported £1.0 billion of assets under management net inflows in the quarter, equivalent to 3.4% of opening balances on an annualised basis. The company also disclosed that it reaffirms its prior outlook and now expects risk-weighted assets to be around £210 billion on 1 January 2027, including the impact of Basel 3.1; the filing notes this constitutes a forward-looking statement subject to the company's stated cautionary language.

What Was Disclosed

NatWest Group's Q3 2026 Interim Management Statement, furnished via Form 6-K on October 30, 2026, covered financial results for the quarter and nine months ended 30 September 2026, including income, capital ratios, segment performance, and an updated RWA outlook for January 2027.