NatWest Group posted Q1 2026 attributable profit of £1.43 bn, beating consensus £1.34 bn and raising full‑year income outlook to £17.6 bn.
Return on tangible equity rose to 18.2% and EPS to 17.9 pence, surpassing analyst expectations of 17.3% and 16.8 pence.
Net loans grew £7.2 bn to £396.4 bn, deposits rose £3.1 bn to £444 bn, while cost‑to‑income fell to 46.5%.
CEO Paul Thwaite highlighted positive momentum despite weak GDP outlook (0.4% growth) and 5.7% unemployment peak.