NatWest (NWG) Rent Expense (2009 - 2026)
NatWest (NWG) posted Rent Expense of -$420.6 million for Q1 2026, up 17.86% on a QoQ basis from -$512.1 million in Q4 2025, and down 13.59% year-over-year from -$486.8 million in Q1 2025.
NatWest (NWG) Rent Expense (2009 - 2026) Analysis & Trends
NatWest's Rent Expense history runs 18 years deep, the most recent figure standing at -$420.6 million for Q1 2026.
- Quarterly Rent Expense fell 13.59% year-over-year to -$420.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$1.8 billion (down 13.39% YoY) and the FY2025 annual result came in at -$1.7 billion, down 9.96% from the prior year.
- Rent Expense was -$420.6 million for Q1 2026 at NatWest, up from -$512.1 million in the prior quarter.
- Across five years, Rent Expense topped out at -$336.8 million in Q1 2022 and bottomed at -$512.1 million in Q4 2025.
- A 5-year average of -$381.1 million and a median of -$369.0 million in 2024 frame the typical range for Rent Expense.
- Annual changes were most pronounced in 2022 — Rent Expense soared 30.96% — and 2024, when it declined 16.84%.
- NatWest's Rent Expense stood at -$342.5 million in 2022, then slipped by 11.61% to -$382.3 million in 2023, then declined by 16.84% to -$446.7 million in 2024, then retreated by 14.65% to -$512.1 million in 2025, then gained by 17.86% to -$420.6 million in 2026.
- Business Quant data shows NWG's Rent Expense at -$420.6 million in Q1 2026, -$512.1 million in Q4 2025, and -$430.4 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 42,090.38 Bn | 42,090.38 Bn | -786,828.77 | - |
| 2 | Shinhan Financial | 33,919.15 Bn | 33,919.15 Bn | - | - |
| 3 | Bank Of Chile | 4,123.52 Bn | 4,123.52 Bn | 167,623.00 | - |
| 4 | Lloyds Banking | 360.83 Bn | 360.83 Bn | - | - |
| 5 | First Capital | 204.17 Bn | 203.82 Bn | - | 634,000.00 |
| 6 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 1.45 Mn |
| 7 | NatWest | 144.82 Bn | -51.17 Bn | - | -420.63 Mn |
| 8 | Pnc Financial Services | 101.80 Bn | 101.80 Bn | - | 262.00 Mn |
| 9 | Us Bancorp | 99.51 Bn | 99.51 Bn | - | 304.00 Mn |
| 10 | Itau Unibanco Holding | 89.22 Bn | 46.51 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -420.63 Mn |
| Mar 31, 2026 | -420.63 Mn |
| Dec 31, 2025 | -512.11 Mn |
| Dec 31, 2025 | -512.11 Mn |
| Sep 30, 2025 | -430.45 Mn |
| Sep 30, 2025 | -430.45 Mn |
| Jun 30, 2025 | -390.88 Mn |
| Jun 30, 2025 | -390.88 Mn |
| Mar 31, 2025 | -370.29 Mn |
| Mar 31, 2025 | -370.29 Mn |
| Dec 31, 2024 | -446.66 Mn |
| Dec 31, 2024 | -446.66 Mn |
| Sep 30, 2024 | -369.00 Mn |
| Sep 30, 2024 | -369.00 Mn |
| Jun 30, 2024 | -361.00 Mn |
| Jun 30, 2024 | -361.00 Mn |
| Mar 31, 2024 | -371.68 Mn |
| Mar 31, 2024 | -371.68 Mn |
| Dec 31, 2023 | -382.27 Mn |
| Dec 31, 2023 | -382.27 Mn |