Natwest reports profit surge amid wealth management push

Evelyn Partners deal announced last week

Linus Uhlig
clock • 2 min read

Natwest Group’s profits have come in higher than expected after a challenging week for the company’s share price.

In the bank's annual results last Friday (13 February), it reported pre-tax profits of around £1.9bn in Q4, above the £1.7bn anticipated by analysts, and £7.7bn for the year.  Its 2026 guidance total income was also positive at £17.2-£17.6bn, almost in line with the £17.5bn expected. Shares in Natwest have dropped last week as questions emerged about whether the bank had overpaid for Evelyn Partners in its £2.7bn deal to create one of the UK's largest wealth managers.  According to data from MarketWatch, shares in NatWest dropped 11.5% over five days and were down 1.7% on Friday. ...

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