NatWest (NWG) Tax Rate (2009 - 2026)
NatWest (NWG) posted Tax Rate of 25.87% for Q1 2026, down 8.64% on a QoQ basis from 23.81% in Q4 2025, and up 12.0% year-over-year from 23.1% in Q1 2025.
NatWest (NWG) Tax Rate (2009 - 2026) Analysis & Trends
NatWest's Tax Rate history runs 18 years deep, the most recent figure standing at 25.87% for Q1 2026.
- Quarterly Tax Rate rose 12.0% year-over-year to 25.87% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 24.33% (down 43.0% YoY) and the FY2025 annual result came in at 24.31%, up 66.0% from the prior year.
- Tax Rate was 25.87% for Q1 2026 at NatWest, down from 23.81% in the prior quarter.
- Across five years, Tax Rate topped out at 0.4% in Q4 2023 and bottomed at 39.96% in Q3 2022.
- A 5-year average of 24.04% and a median of 25.87% in 2026 frame the typical range for Tax Rate.
- Peak annual rise in Tax Rate reached 3987 bps in 2022, while the deepest fall reached 5526 bps in 2022.
- NatWest's Tax Rate stood at 3.23% in 2022, then surged by 112 bps to 0.4% in 2023, then slumped by 4026 bps to 15.62% in 2024, then plunged by 52 bps to 23.81% in 2025, then slipped by 9 bps to 25.87% in 2026.
- Business Quant data shows NWG's Tax Rate at 25.87% in Q1 2026, 23.81% in Q4 2025, and 23.0% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 42,090.38 Bn | 42,090.38 Bn | -786,828.77 | 0.05 |
| 2 | Shinhan Financial | 33,919.15 Bn | 33,919.15 Bn | - | 25.76 |
| 3 | Bank Of Chile | 4,123.52 Bn | 4,123.52 Bn | 167,623.00 | -22.54 |
| 4 | Lloyds Banking | 360.83 Bn | 360.83 Bn | - | -23.21 |
| 5 | First Capital | 204.17 Bn | 203.82 Bn | - | 19.21 |
| 6 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 19.83 |
| 7 | NatWest | 144.82 Bn | -51.17 Bn | - | -25.87 |
| 8 | Pnc Financial Services | 101.80 Bn | 101.80 Bn | - | 18.98 |
| 9 | Us Bancorp | 99.51 Bn | 99.51 Bn | - | 19.39 |
| 10 | Itau Unibanco Holding | 89.22 Bn | 46.51 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -25.87 |
| Mar 31, 2026 | -25.87 |
| Mar 31, 2026 | -25.87 |
| Dec 31, 2025 | -23.81 |
| Dec 31, 2025 | -23.81 |
| Dec 31, 2025 | -23.81 |
| Sep 30, 2025 | -23.00 |
| Sep 30, 2025 | -23.00 |
| Sep 30, 2025 | -23.00 |
| Jun 30, 2025 | -24.76 |
| Jun 30, 2025 | -24.76 |
| Jun 30, 2025 | -24.76 |
| Mar 31, 2025 | -25.99 |
| Mar 31, 2025 | -25.99 |
| Mar 31, 2025 | -25.99 |
| Dec 31, 2024 | -15.62 |
| Dec 31, 2024 | -15.62 |
| Dec 31, 2024 | -15.62 |
| Sep 30, 2024 | -25.75 |
| Sep 30, 2024 | -25.75 |