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NatWest NWG

US equityMarket cap rank #230
$18.11
+$0.20 (+1.12%)
Market open · Sep 24, 2:00 pm ET
After hours $17.91 0.00%
Open$18.06
Prev close$17.91
Day range$17.98 – $18.25
Volume2.27M
Market cap$71.85B
P/E (TTM)9.2
Dividend yield4.83%

Price chart

Daily bars for up to one year, weekly bars for the 5-year view. Averages are 50/200 trading days (10/40 weeks on the 5-year view).

NWG at a glance

NatWest (NWG) is trading at $18.11, up 1.12% on the day. Its market value of $71.85B makes it the 230th largest of the 300 companies we follow.

The 52-week range is $13.15 to $19.21. Today's price is about 82% of the way from the low to the high. Holders are ahead 38.2% over twelve months, and up 8.4% across the last three months.

Price is below the 50-day average ($18.45) but above the 200-day ($16.55); RSI is 43, and the last 30 sessions moved at roughly 22% annualized volatility.

For the quarter ended Jun 2026 it reported £4.50B in revenue, up 12.8% from a year earlier, with £1.67B of net profit (a 34.4% margin).

The stock changes hands at 9.2 times trailing earnings, 10% above its five-year average of 8.3.

This summary is put together from the numbers on the page and updates when they do. It describes the data; it is not a forecast or a recommendation.

NatWest: the business

NatWest is a U.K. bank, formerly RBS, which the British government has now sold down to a small stake.

What tends to move it. Net interest margin, mortgage lending and the pace of shareholder payouts drive the stock.

Written by hand by the BeStock desk and revised when a business changes. See how we work. Spot something out of date? Tell us.

Performance

Price return over each window, from adjusted daily and weekly closes

1 day
+1.1%
1 week
-2.7%
1 month
-3.3%
3 months
+8.4%
6 months
+27.9%
Year to date
+9.8%
1 year
+38.2%
Day range
$17.98$18.25
52-week range
$13.15$19.21

Technical signals

Full technicals →
Trend readLeaning bearish

2 bullish · 5 bearish of 7 signals

IndicatorValueSignal
Price vs 20-day average-2.7%Bearish
Price vs 50-day average-1.9%Bearish
Price vs 200-day average+9.4%Bullish
50-day vs 200-day50d above 200dBullish
RSI (14)43.1Bearish
MACD (12,26,9)0.03Bearish
Bollinger band position1%Bearish

Standard indicator readings worked out from daily closes. They describe how the price has behaved, not where it is going.

Key statistics

Bid / Ask$18.11 / $18.12
Average price today$18.08
Volume2.27MAvg (90d) 3.92M
Turnover$40.96M
Turnover rate0.06%of shares outstanding
Volume ratio1.11vs. recent average pace
Day amplitude1.51%
Market cap$71.85B
Float market cap$71.49B
Shares outstanding3.95B
EPS (TTM)$1.79
P/E (TTM)9.17
P/B1.24
Book value / share$14.62
Earnings yield0.14%
Dividend (TTM)$0.88 / shareYield 4.83%
Net profit (TTM)$7.08B
Net assets$58.02B
30-day volatility21.6%annualized
Avg daily range (ATR)2.18%of price, 14 days
Max drawdown (1y)-24.0%-5.2% from 1y peak

Quote as of Sep 24, 2026 2:00 pm ET. Prices can lag the live tape. This is background information, not a recommendation.

How NWG ranks on BeStock

Market value#230 of 300
P/E (cheapest = 1)#8 of 283
Dividend yield#17 of 244
Closeness to 52-week high#47 of 300
Dollar volume today#284 of 300

Ranks are among the 300 or so U.S.-listed stocks BeStock covers, recalculated whenever prices refresh. A row is left out when the measure does not apply, such as yield for a stock that pays no dividend.

Latest reported quarter: Q2, ended Jun 2026 · reported in GBP

Revenue£4.50B+12.8% YoY
Net profit£1.67B+25.4% YoY
Diluted EPS£0.40+31.8% YoY

Revenue, last 8 quarters

£3.7BSep '24£3.8BDec '24£4.0BMar '25£4.0BJun '25£4.3BSep '25£4.3BDec '25£4.4BMar '26£4.5BJun '26

Net profit, last 8 quarters

£1.2BSep '24£1.3BDec '24£1.3BMar '25£1.3BJun '25£1.7BSep '25£1.5BDec '25£1.5BMar '26£1.7BJun '26

Profitability & balance sheet

Net margin34.4%
Return on equity14.1%
Return on assets0.8%
Liabilities / assets94.1%
Cash & investments£77.11B
Total debt£76.19B
Net cash (debt)£916.00M
Free cash flow / sales33.6%

Where the revenue comes from

Quarter 2026/Q1

By business line

  • Commercial & Institutional£2.24B 51.3%
  • Retail Banking£1.68B 38.6%
  • Private Banking & Wealth Management£291.00M 6.7%
  • Central items & Other£148.00M 3.4%
Average move on report day±4.7%last 15 reports
Closed higher8 of 1553% of the time
Best reaction+8.0%
Worst reaction-13.0%

Stock move on the day after each report

-0.8%2024/Q3-2.3%2024/Q4+1.8%2025/Q1+4.2%2025/Q2+5.6%2025/Q3-1.6%2025/Q4-3.3%2026/Q1+2.2%2026/Q2

"Implied move" is the size of move the options market was pricing ahead of the report. Move is the stock’s change on the first session after the release.

Valuation

Multiples measured against the stock's own five-year history

Valuation detail →
Price / earnings9.4x
CheapRich

Above its usual level · 77th percentile, 5-year average 8.3x

#466 of 2977 stocks by PE (1 = cheapest)

Price / book1.3x
CheapRich

Near the top of its 5-year range · 99th percentile, 5-year average 0.8x

#1681 of 5304 stocks by PB (1 = cheapest)

Price / sales3.2x
CheapRich

Near the top of its 5-year range · 96th percentile, 5-year average 2.2x

#3109 of 5143 stocks by PS (1 = cheapest)

P/E over five years

3x7x12x16xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$20.10
Price vs. fair value-9.9%Trading below the estimate
Star rating★★★☆☆
Economic moatNarrow
UncertaintyMedium

Ownership & positioning

Who holds it, who is betting against it, and where the big money is moving

Ownership detail →
Institutional ownership92.5%-2.46 pts vs. prior quarter
Institutions holding1,004-36 vs. prior quarter
Short interest0.03% of floatDays to cover 1.0 · as of 31 Aug 2026
Short-sale volume share24.6%5-day average of daily volume

Short-sale volume as % of daily volume

5%19%33%47%Aug '26Sep '26Sep '26

Large-order net flow, last 20 sessions

Net of large-order buying minus selling, in USD. Over this window: −$4.73M (7 inflow days, 13 outflow days).

Dividends

Dividend yield (TTM)4.83%
Last dividend$0.32Ex-date 14 Aug 2026
Next-to-last$0.62
Payments on file20

Dividends paid per share, by year

1.1120080.1420190.1720210.6720220.3920230.4520240.652025

Across the full calendar years shown, the annual payout shrank by roughly 8.6% a year.

Latest headlines

More news →
  • J.P. Morgan Remains a Buy on NatWest Group (NWG)TipRanks · 3 Aug 2026
  • Earnings Call Summary | NatWest(NWG.US) Q1 2026 Earnings ConferenceMarket news · 2 May 2026
  • Earnings Flash (NWG.L) NatWest Group Reports Q1 Revenue GBP4.36BMT Newswires · 1 May 2026
  • J.P. Morgan Reaffirms Their Buy Rating on NatWest Group (NWG)TipRanks · 13 Apr 2026
  • NatWest (NWG.US) splashes £2.7 billion to acquire Evelyn, targeting high-net-worth clients and wealth management.Zhitong Finance · 9 Feb 2026
  • Changes in US stocks | National Westminster Bank (NWG.US) fell more than 2% before the market, Barclays lowered the company's target price to 370 penceGelonghui Finance · 21 Oct 2026

NWG stock: common questions

What is NWG's latest share price?

$18.11 is the latest print for NWG, a move of +1.12% against yesterday's close of $17.91. Today's low and high so far: $17.98 and $18.25.

How big is NatWest?

Equity value comes to $71.85B at the current price. By that measure it is number 230 of the 300 names in our coverage.

How is NatWest valued against its profits?

Buyers pay 9.2 times the last twelve months of profit (EPS $1.79). Averaged over five years the multiple has been 8.3, and today's level ranks in the 77th percentile of its own history.

Where does NWG sit in its 52-week range?

The year's floor is $13.15 and the ceiling $19.21. Shares are 5.7% away from that ceiling.

Does NWG send cash back through a dividend?

It does. Payouts over the past twelve months work out to a 4.83% yield; the latest ex-dividend date was August 14, 2026.

What does NatWest do?

NatWest is a U.K. bank, formerly RBS, which the British government has now sold down to a small stake.

BeStock publishes market data and analysis for information only. Nothing here is investment advice or a solicitation to buy or sell any security. Quotes may be delayed and figures can contain errors; check primary sources before you trade. How we source and calculate these pages.

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