NatWest (NWG) Total Debt (2009 - 2026)
NatWest (NWG) reported Total Debt of $96.65 billion for Q2 2026, up 9.9% from $87.97 billion a year earlier and up 2.1% from the prior quarter.
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Analysis
NatWest (NWG) Total Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, NatWest posted Total Debt of $89.13 billion, up 14.1% from FY2024.
- Total Debt has increased for three consecutive years, with a five-year compound annual growth rate of 8.7% (FY2020 to FY2025).
- By year, Total Debt came in at $78.09 billion in FY2024 (+14.0%), $68.52 billion in FY2023 (+12.7%), $60.78 billion in FY2022 (-10.4%) and $67.87 billion in FY2021 (+15.4%).
- The Q2 2026 figure ranks as the highest quarterly Total Debt since Q1 2015.
- Year over year, Total Debt has now increased in each of the last 14 quarters, with growth averaging 13.3% over the last eight quarters.
- The high point for year-over-year Total Debt in five years was Q3 2023 (growth of 29.0%); the low point was Q3 2022 (a decline of 16.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $94.66 billion (Q1 2026), $89.92 billion (Q4 2025) and $91.26 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 895.36 Bn | 924.83 Bn | - | 72.43 Bn |
| 2 | Banco Santander Chile | 425.01 Bn | 544.95 Bn | - | 3,658.56 Bn |
| 3 | Bank Of America | 389.22 Bn | -1,986.85 Bn | - | 59.98 Bn |
| 4 | Hsbc Holdings | 347.56 Bn | 347.61 Bn | - | - |
| 5 | Morgan Stanley | 304.44 Bn | -204.66 Bn | - | 29.82 Bn |
| 6 | Royal Bank Of Canada | 281.54 Bn | 132.29 Bn | - | 386.30 Bn |
| 7 | Mitsubishi Ufj Financial | 277.23 Bn | -1,311.26 Bn | 10.89 Bn | 114.75 Bn |
| 8 | Goldman Sachs | 267.12 Bn | -3,289.99 Bn | - | 437.87 Bn |
| 9 | Wells Fargo & Company | 244.76 Bn | 246.90 Bn | - | 25.17 Bn |
| 10 | NatWest | 75.48 Bn | -792.89 Bn | - | 96.65 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 96.65 Bn |
| Mar 31, 2026 | 94.66 Bn |
| Dec 31, 2025 | 89.92 Bn |
| Sep 30, 2025 | 91.26 Bn |
| Jun 30, 2025 | 87.97 Bn |
| Mar 31, 2025 | 77.97 Bn |
| Dec 31, 2024 | 78.41 Bn |
| Sep 30, 2024 | 82.57 Bn |
| Jun 30, 2024 | 73.56 Bn |
| Mar 31, 2024 | 77.81 Bn |
| Dec 31, 2023 | 68.37 Bn |
| Sep 30, 2023 | 71.32 Bn |
| Jun 30, 2023 | 69.76 Bn |
| Mar 31, 2023 | 64.33 Bn |
| Dec 31, 2022 | 57.60 Bn |
| Sep 30, 2022 | 55.27 Bn |
| Jun 30, 2022 | 60.12 Bn |
| Mar 31, 2022 | 64.15 Bn |
| Dec 31, 2021 | 66.49 Bn |
| Sep 30, 2021 | 65.97 Bn |
API Access
NatWest Total Debt 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=total-debt&ticker=NWG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=NWG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();