Filing Flows › NatWest Group (NWG) › Q1 2026
NatWest Group (NWG) Q1 2026 earnings results (first quarter 2026)
6-K filed May 1, 2026
NatWest Group (NWG) reported revenue of $4.4B for the first quarter 2026 (Q1 2026), +0.8% from a year earlier. Operating margin was 46.6%, net earnings $1.5B (34.6% of revenue).
NatWest Group, Q1 2026: revenue $4.4B (+0.8% year over year), operating margin 46.6%, net earnings $1.5B. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.4B | — | +0.8% |
| Operating profit | $2.0B | — | +5% |
| Net earnings | $1.5B | — | +2% |
What changed
Revenue was £4.4B in Q1 2026, up 1% year over year.
Operating profit was £2.0B, a 46.6% margin (up 1.8 points year over year). Of the extra revenue versus a year earlier, 274% reached operating profit, above the 45% margin then. Total costs fell 2% while revenue rose 1%. Net earnings were £1.5B, up 2% year over year. The effective tax rate was 25.9%.
Questions
What was NatWest Group's revenue in the first quarter 2026?
NatWest Group (NWG) reported revenue of $4.4B for the first quarter 2026 (Q1 2026), +0.8% from a year earlier.
Was NatWest Group profitable in the first quarter 2026?
Operating profit was $2.0B (46.6% of revenue) and net earnings $1.5B.
Source: NatWest Group 6-K on SEC EDGAR.