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NatWest Group (NWG) Q3 2026 earnings results (third quarter 2026)
6-K filed Oct 30, 2026
NatWest Group (NWG) reported revenue of $4.6B for the third quarter 2026 (Q3 2026), +7% from a year earlier and +3% from the quarter before. Operating margin was 48.0%, net earnings $1.6B (34.8% of revenue).
NatWest Group, Q3 2026: revenue $4.6B (+7% year over year), operating margin 48.0%, net earnings $1.6B. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.6B | +3% | +7% |
| Operating profit | $2.2B | -3% | +2% |
| Net earnings | $1.6B | -3% | -4% |
What changed
Revenue was £4.6B in Q3 2026, up 7% year over year and up 3% from the previous quarter.
Operating profit was £2.2B, a 48.0% margin (down 2.4 points year over year). Of the extra revenue versus a year earlier, 14% reached operating profit, below the 50% margin then. Total costs grew 12% against revenue growth of 7%. Net earnings were £1.6B, down 4% year over year. The effective tax rate was 27.4%.
Questions
What was NatWest Group's revenue in the third quarter 2026?
NatWest Group (NWG) reported revenue of $4.6B for the third quarter 2026 (Q3 2026), +7% from a year earlier and +3% from the quarter before.
Was NatWest Group profitable in the third quarter 2026?
Operating profit was $2.2B (48.0% of revenue) and net earnings $1.6B.
Source: NatWest Group 6-K on SEC EDGAR.