NatWest (NWG) EBITDA (2009 - 2026)
NatWest (NWG) posted quarterly EBITDA of $3.1 billion for Q2 2026, down 7.6% year-over-year from $3.3 billion in Q2 2025, and down 25.71% on a QoQ basis from $4.1 billion in Q1 2026.
NatWest (NWG) EBITDA (2009 - 2026) Analysis & Trends
NatWest has reported EBITDA for 18 years, with the latest figure at $3.1 billion in Q2 2026.
- EBITDA for Q2 2026 came in at $3.1 billion, down 7.6% year-over-year; the trailing twelve-month figure through Jun 2026 was $15.1 billion (up 31.36% YoY), and the FY2025 annual result was $10.3 billion, up 33.32% from the prior year.
- EBITDA fell to $3.1 billion in Q2 2026, from $4.1 billion in the prior quarter.
- Over five years, EBITDA peaked at $5.6 billion in Q1 2022 and troughed at $2.3 billion in Q3 2024.
- A 5-year average of $3.7 billion and a median of $3.5 billion in 2025 frame the typical range for EBITDA.
- The widest annual swing landed in 2024, when EBITDA tumbled 52.0%; it then surged 66.82% in 2025.
- A 5-year view of EBITDA shows it stood at $5.1 billion in 2022, then plunged by 50.04% to $2.6 billion in 2023, then gained by 13.07% to $2.9 billion in 2024, then surged by 41.53% to $4.1 billion in 2025, then fell by 25.29% to $3.1 billion in 2026.
- Per Business Quant data, the three most recent EBITDA figures were $3.1 billion in Q2 2026, $4.1 billion in Q1 2026, and $4.1 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 5.17 Bn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 5.96 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | 3.04 Bn |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -1.13 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | 11.84 Bn |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | 2.95 Bn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 4.16 Bn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 2.19 Bn |
| 10 | Itau Unibanco Holding | 40.31 Bn | 42.00 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.07 Bn |
| Mar 31, 2026 | 4.13 Bn |
| Dec 31, 2025 | 4.10 Bn |
| Sep 30, 2025 | 3.77 Bn |
| Jun 30, 2025 | 3.32 Bn |
| Mar 31, 2025 | 2.99 Bn |
| Dec 31, 2024 | 2.90 Bn |
| Sep 30, 2024 | 2.26 Bn |
| Jun 30, 2024 | 2.40 Bn |
| Mar 31, 2024 | 2.32 Bn |
| Dec 31, 2023 | 2.56 Bn |
| Sep 30, 2023 | 2.83 Bn |
| Jun 30, 2023 | 4.18 Bn |
| Mar 31, 2023 | 4.84 Bn |
| Dec 31, 2022 | 5.13 Bn |
| Sep 30, 2022 | 4.88 Bn |
| Jun 30, 2022 | 5.35 Bn |
| Mar 31, 2022 | 5.60 Bn |
| Dec 31, 2021 | 5.61 Bn |
| Sep 30, 2021 | 5.41 Bn |