NatWest (NWG) Net Margin (2009 - 2026)

NatWest has reported Net Margin for 18 years, with the latest figure at 32.86% in Q1 2026.

• For the quarter ending Q1 2026, Net Margin rose 140.0% year-over-year to 32.86%; the trailing twelve-month figure through Mar 2026 stood at 33.26% (up 135.0% YoY), and the FY2025 full-year result was 18.12%, up 271.0% from the prior year.
• Net Margin for Q1 2026 stood at 32.86%, up from 32.22% in the prior quarter.
• The five-year high for Net Margin was 690.79% in Q2 2022, with the low at 5.79% in Q3 2022.
• Historically, Net Margin has averaged 68.5% across 5 years, with a median of 32.22% in 2025.
• Annual changes were most pronounced in 2022 — Net Margin surged 64485 bps — and 2023, when it slumped 66430 bps.
• NatWest's Net Margin stood at 34.03% in 2022, then increased by 2 bps to 34.75% in 2023, then fell by 6 bps to 32.63% in 2024, then retreated by 1 bps to 32.22% in 2025, then increased by 2 bps to 32.86% in 2026.
• The last three Net Margin figures came in at 32.86% (Q1 2026), 32.22% (Q4 2025), and 36.89% (Q3 2025), per Business Quant data.