NatWest Group plc (RBSPF) revenue by segment
RBSPFOTCCommercial Banks, NECFiscal year ends December 31Also trades as NWG
Financials through fiscal 2025, year ended Dec 31, 2025Score 2/30
$8.53−0.28 (-3.12%)
Close on Oct 19, 2026Market cap $35.09BP/E 4.7Yield –
NatWest Group plc revenue by segment
By business segment
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Commercial & Institutional | £11.91B | £12.43B | £10.92B | £6.86B | £5.29B | £6.30B | – | – | – | – | 39.4% | -4.2% |
| Retail Banking | £10.15B | £9.05B | £7.37B | £5.77B | £5.43B | £5.43B | £6.16B | £6.25B | – | – | 33.6% | +12.1% |
| Central items & other | £5.42B | £4.84B | £4.34B | £2.67B | £1.31B | £1.14B | £2.42B | £2.16B | £962.00M | -£126.00M | 17.9% | +12.1% |
| Private Banking & Wealth Management | £1.26B | £1.25B | £1.16B | – | – | – | – | – | – | – | 4.2% | +1.0% |
| Private Banking | – | £1.25B | £1.16B | £874.00M | £792.00M | £702.00M | £944.00M | £681.00M | £728.00M | £739.00M | – | – |
| Ulster Bank RoI | – | – | – | – | £298.00M | £282.00M | £356.00M | £668.00M | £672.00M | £661.00M | – | – |
| Commercial Banking | – | – | – | – | £3.84B | £3.80B | £4.49B | £4.67B | £4.61B | £4.60B | – | – |
| Total excluding Ulster Bank RoI | – | – | – | – | £12.49B | £13.27B | £17.81B | – | – | – | – | – |
| RBS International | – | – | – | – | £600.00M | £508.00M | £658.00M | £506.00M | £428.00M | £469.00M | – | – |
| NatWest Markets | – | – | – | – | £823.00M | £1.98B | £2.52B | £1.88B | £2.22B | £3.25B | – | – |
| UK Personal Banking | – | – | – | – | – | – | £6.22B | £6.25B | £6.45B | £6.35B | – | – |
| Commercial and Private Banking (CPB) | – | – | – | – | – | – | – | £5.54B | £5.34B | £5.34B | – | – |
| Personal & Ulster | – | – | – | – | – | – | – | £6.92B | £7.12B | £7.01B | – | – |
| UK Personal & Business Banking | – | – | – | – | – | – | – | £7.22B | £7.39B | £7.25B | – | – |
| Personal and Business Banking (PBB) | – | – | – | – | – | – | – | £7.89B | £8.06B | £7.91B | – | – |
By product or service
By region
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United Kingdom | £28.75B | £28.07B | £24.10B | £15.80B | £12.10B | £12.51B | £16.93B | £15.35B | £15.01B | £14.61B | 95.0% | +2.4% |
| Europe | £1.10B | £857.00M | £1.02B | £558.00M | £482.00M | £551.00M | £882.00M | £838.00M | £655.00M | £738.00M | 3.6% | +28.7% |
| United States | £294.00M | £297.00M | £167.00M | £117.00M | £87.00M | £211.00M | £228.00M | £300.00M | £192.00M | £264.00M | 1.0% | -1.0% |
| RoW | £101.00M | £102.00M | £103.00M | £104.00M | £33.00M | £174.00M | £128.00M | £167.00M | £205.00M | £337.00M | 0.3% | -1.0% |
From the segment and revenue-disaggregation notes of NatWest's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.