# Natwest Group (NWG) — Earnings

NWG · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/nwg/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | $0.54 |
| EPS estimate | $0.46 |
| EPS surprise | +17.28% |
| Revenue surprise | +2.79% |
| Revenue | $6.1B |
| Revenue estimate | $5.9B |
| Reported | Jul 31, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/844150/000165495426007092/a8600o.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/f158554f-8460-d346-265c-2431bbf12a19.html) |

NatWest Group reported Q2 2026 results on July 31, 2026. Earnings per share were $0.54, beating the $0.46 estimate by 17.28%. Revenue was $6.1 billion against a $5.9 billion consensus. Compared with Q2 2025, EPS rose about 32% from $0.41 and revenue rose about 13% from $5.4 billion.

Q2 2026 set the highs in the 20-quarter table for both EPS and revenue. Annual EPS has risen every year shown, from $0.78 in 2022 to $1.20 in 2023, $1.36 in 2024 and $1.83 in 2025. The first half of 2026 adds up to $1.03, about 24% more than a year earlier. Quarterly revenue grew from $3.8 billion in Q3 2021 to $6.1 billion. NatWest beat the EPS estimate in 18 of 20 quarters, including the last 11 in a row. The two misses were Q3 2022, when EPS of $0.04 came in 71.30% below the estimate, and Q3 2023, at 7.07% below.

NatWest reported Q3 between October 24 and October 29 in each of the past five years. That points to late October 2026 for the next report. It will show whether the year-over-year gains of recent quarters continue.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Jul 31, 2026 | $0.46 | $0.54 | 17.28% | $5.9B | $6.1B |
| Q1 2026 | May 1, 2026 | $0.45 | $0.49 | 7.54% | $5.8B | $5.9B |
| Q4 2025 | Feb 13, 2026 | $0.40 | $0.47 | 17.81% | $5.7B | $5.9B |
| Q3 2025 | Oct 24, 2025 | $0.42 | $0.53 | 26.15% | $5.5B | $5.5B |
| Q2 2025 | Jul 29, 2025 | $0.37 | $0.41 | 12.54% | $5.4B | $5.4B |
| Q1 2025 | May 2, 2025 | $0.34 | $0.42 | 21.32% | $5.1B | $5.3B |
| Q4 2024 | Feb 14, 2025 | $0.26 | $0.38 | 47.20% | $4.6B | $4.9B |
| Q3 2024 | Oct 25, 2024 | $0.31 | $0.37 | 19.66% | $4.7B | $4.9B |
| Q2 2024 | Jul 26, 2024 | $0.25 | $0.35 | 43.58% | $4.4B | $4.7B |
| Q1 2024 | Apr 26, 2024 | $0.25 | $0.26 | 5.24% | $4.3B | $4.3B |
| Q4 2023 | Feb 16, 2024 | $0.17 | $0.35 | 103.79% | $4.3B | $4.5B |
| Q3 2023 | Oct 27, 2023 | $0.26 | $0.24 | -7.07% | $4.3B | $4.2B |
| Q2 2023 | Jul 28, 2023 | $0.28 | $0.28 | 1.43% | $4.7B | $5.0B |
| Q1 2023 | Apr 28, 2023 | $0.26 | $0.33 | 25.40% | $4.6B | $4.9B |
| Q4 2022 | Feb 17, 2023 | $0.22 | $0.31 | 39.78% | $4.3B | $4.4B |
| Q3 2022 | Oct 28, 2022 | $0.15 | $0.04 | -71.30% | $3.7B | $3.7B |
| Q2 2022 | Jul 29, 2022 | $0.16 | $0.24 | 56.49% | $3.6B | $3.9B |
| Q1 2022 | Apr 29, 2022 | $0.13 | $0.19 | 42.26% | $3.5B | $3.8B |
| Q4 2021 | Feb 18, 2022 | $0.08 | $0.10 | 27.24% | $3.6B | $3.6B |
| Q3 2021 | Oct 29, 2021 | $0.12 | $0.16 | 32.07% | $3.8B | $3.8B |

## Frequently Asked Questions

### When did Natwest Group (NWG) last report earnings?

Natwest Group last reported on Jul 31, 2026, covering fiscal Q2 2026.

### Did NWG beat earnings estimates?

Yes. Natwest Group reported EPS of $0.54 for Q2 2026 against a $0.46 estimate — a 17.28% beat.

### How much revenue did NWG report last quarter?

Natwest Group reported $6.1B in revenue for Q2 2026, against a consensus estimate of $5.9B.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

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