NatWest (NWG) Shares Outstanding (2011 - 2026)
NatWest (NWG) reported Shares Outstanding of 4.03 billion for Q2 2026, down 4.7% from 4.23 billion a year earlier and unchanged from the prior quarter.
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Analysis
NatWest (NWG) Shares Outstanding (2011 - 2026) Analysis & Trends
Dating back to Q4 2011, NatWest's Shares Outstanding record includes 58 quarters.
- Shares Outstanding has declined for five consecutive years, with a five-year compound annual growth rate of -6.4% (FY2020 to FY2025).
- By year, Shares Outstanding came in at 4.23 billion in FY2024 (-7.8%), 4.58 billion in FY2023 (-7.2%), 4.94 billion in FY2022 (-8.5%) and 5.4 billion in FY2021 (-3.9%).
- Five-year quarterly Shares Outstanding spans a low of 345.43 million in Q3 2021 and a high of 5.4 billion in Q3 2022.
- Year over year, Shares Outstanding has now declined in each of the last 15 quarters, with an average decline of 6.6% over the last eight quarters.
- The year-over-year decline in Shares Outstanding has ranged between 3.9% (Q4 2021) and 93.8% (Q3 2021) over the last five years.
- Per Business Quant data, the three quarters before Q2 2026 came in at 4.03 billion (Q1 2026), 4.03 billion (Q4 2025) and 4.23 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 2.69 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | 26.92 Bn |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 7.15 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | 3.49 Bn |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 1.55 Bn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 1.41 Bn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | 11.40 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 300.10 Mn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 3.04 Bn |
| 10 | NatWest | 74.70 Bn | -793.68 Bn | - | 4.03 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.03 Bn |
| Mar 31, 2026 | 4.03 Bn |
| Dec 31, 2025 | 4.03 Bn |
| Sep 30, 2025 | 4.23 Bn |
| Jun 30, 2025 | 4.23 Bn |
| Mar 31, 2025 | 4.23 Bn |
| Dec 31, 2024 | 4.23 Bn |
| Sep 30, 2024 | 4.58 Bn |
| Jun 30, 2024 | 4.58 Bn |
| Mar 31, 2024 | 4.58 Bn |
| Dec 31, 2023 | 4.58 Bn |
| Sep 30, 2023 | 4.94 Bn |
| Jun 30, 2023 | 4.94 Bn |
| Mar 31, 2023 | 4.94 Bn |
| Dec 31, 2022 | 4.94 Bn |
| Sep 30, 2022 | 5.40 Bn |
| Jun 30, 2022 | 5.40 Bn |
| Mar 31, 2022 | 5.40 Bn |
| Dec 31, 2021 | 5.40 Bn |
| Sep 30, 2021 | 345.43 Mn |
API Access
NatWest Shares Outstanding 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=shares-outstanding&ticker=NWG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=NWG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();