Filing Flows › NatWest Group (NWG) › Q1 2025
NatWest Group (NWG) Q1 2025 earnings results (first quarter 2025)
6-K filed May 2, 2025
NatWest Group (NWG) reported revenue of $4.0B for the first quarter 2025 (Q1 2025), +4% from a year earlier. Operating margin was 45.5%, net earnings $1.3B (33.7% of revenue).
NatWest Group, Q1 2025: revenue $4.0B (+4% year over year), operating margin 45.5%, net earnings $1.3B. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.0B | — | +4% |
| Operating profit | $1.8B | — | +16% |
| Net earnings | $1.3B | — | +1% |
What changed
Revenue was £4.0B in Q1 2025, up 4% year over year.
Operating profit was £1.8B, a 45.5% margin (up 4.7 points year over year). Of the extra revenue versus a year earlier, 162% reached operating profit, above the 41% margin then. Total costs fell 4% while revenue rose 4%. Net earnings were £1.3B, up 1% year over year. The effective tax rate was 26.0%.
Questions
What was NatWest Group's revenue in the first quarter 2025?
NatWest Group (NWG) reported revenue of $4.0B for the first quarter 2025 (Q1 2025), +4% from a year earlier.
Was NatWest Group profitable in the first quarter 2025?
Operating profit was $1.8B (45.5% of revenue) and net earnings $1.3B.
Source: NatWest Group 6-K on SEC EDGAR.