NatWest stock gains 1.44% from latest report as Q3 outlook holds

NatWest Group maintained its 2026 outlook after reporting resilient third-quarter results for the period ended September 30, 2026. The bank reported operating profit of GBP 2.225 billion and a 21.6 percent return on tangible equity, according to its Q3 results statement.

What changed since the latest report

NatWest stock traded at 7.04 euros on Lang & Schwarz at 15:34 CET on Monday, November 2, 2026. That was 1.44 percent above the EUR 6.94 quote recorded in the latest own report published on October 30.

The quarterly update added detail to the bank's capital outlook. NatWest now expects risk-weighted assets of around GBP 210 billion on January 1, 2027, including the impact of Basel 3.1. The Common Equity Tier 1 ratio rose by 30 basis points to 13.5 percent.

Income growth meets higher impairments

Total income rose 7.1 percent year on year to GBP 4.640 billion, while net interest income increased 8.9 percent to GBP 3.559 billion. The net interest margin widened to 2.50 percent from 2.37 percent a year earlier.

Credit costs moved higher. The impairment charge reached GBP 277 million, compared with GBP 153 million in the third quarter of 2025, although the year-to-date loan impairment rate remained at 21 basis points. Customer assets and liabilities increased by GBP 15.7 billion during the quarter to GBP 1,002.6 billion, including Evelyn Partners.

NatWest reaffirmed its 2026 expectations for total income excluding notable items of around GBP 17.9 billion and return on tangible equity above 19 percent. The bank also continues to target capital generation above 240 basis points before distributions and the impact of the Evelyn Partners acquisition.

Investors can follow the real-time quote of NatWest stock as income growth is weighed against credit costs and capital requirements.

UK bank shares remain part of the broader FTSE 100 market environment.

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