NatWest (NWG) Goodwill & Intangibles (2009 - 2026)
NatWest's Goodwill & Intangibles was $24.53 billion in Q2 2026, up 144.8% from $10.02 billion a year earlier and up 151.9% from the prior quarter.
NatWest (NWG) Goodwill & Intangibles (2009 - 2026) Analysis & Trends
At the end of FY2025, Goodwill & Intangibles at NatWest came in at $20.82 billion, up 114.7% from FY2024.
- Goodwill & Intangibles has now increased for three consecutive years, with a five-year compound annual growth rate of 19.5% (FY2020 to FY2025).
- In earlier years, Goodwill & Intangibles was $9.7 billion in FY2024 (+2.4%), $9.47 billion in FY2023 (+7.5%), $8.81 billion in FY2022 (-4.8%) and $9.25 billion in FY2021 (+8.2%).
- The Q2 2026 figure marks the highest quarterly Goodwill & Intangibles since Q4 2015.
- Compared with a year earlier, Goodwill & Intangibles has increased for five straight quarters, with growth averaging 34.4% over the last eight quarters.
- The best year-over-year quarter for Goodwill & Intangibles over five years was Q2 2026 (growth of 144.8%); the worst was Q3 2022 (a decline of 11.5%).
- Per Business Quant data, NWG's Goodwill & Intangibles in the three quarters before Q2 2026 was $9.74 billion (Q1 2026), $21 billion (Q4 2025) and $10.09 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 883.45 Bn | 912.92 Bn | - |
| 2 | Banco Santander Chile | 401.52 Bn | 521.46 Bn | - |
| 3 | Bank Of America | 377.43 Bn | -1,998.64 Bn | - |
| 4 | Hsbc Holdings | 330.31 Bn | 330.37 Bn | - |
| 5 | Morgan Stanley | 299.17 Bn | -209.92 Bn | - |
| 6 | Royal Bank Of Canada | 274.08 Bn | 124.82 Bn | - |
| 7 | Mitsubishi Ufj Financial | 270.70 Bn | -1,317.79 Bn | 10.89 Bn |
| 8 | Goldman Sachs | 263.13 Bn | -3,293.98 Bn | - |
| 9 | Wells Fargo & Company | 243.64 Bn | 245.78 Bn | - |
| 10 | NatWest | 72.69 Bn | -795.69 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.53 Bn |
| Mar 31, 2026 | 9.74 Bn |
| Dec 31, 2025 | 21.00 Bn |
| Sep 30, 2025 | 10.09 Bn |
| Jun 30, 2025 | 10.02 Bn |
| Mar 31, 2025 | 9.49 Bn |
| Dec 31, 2024 | 9.74 Bn |
| Sep 30, 2024 | 9.86 Bn |
| Jun 30, 2024 | 9.58 Bn |
| Mar 31, 2024 | 9.64 Bn |
| Dec 31, 2023 | 9.45 Bn |
| Sep 30, 2023 | 9.52 Bn |
| Jun 30, 2023 | 9.33 Bn |
| Mar 31, 2023 | 8.72 Bn |
| Dec 31, 2022 | 8.35 Bn |
| Sep 30, 2022 | 8.20 Bn |
| Jun 30, 2022 | 8.65 Bn |
| Mar 31, 2022 | 9.09 Bn |
| Dec 31, 2021 | 9.06 Bn |
| Sep 30, 2021 | 9.27 Bn |
NatWest Goodwill & Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=goodwill-and-intangibles&ticker=NWG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill-and-intangibles", "ticker": "NWG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=goodwill-and-intangibles&ticker=NWG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();