NatWest Group plc (NWG) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|
| Cash & Short Term Investments | 98.23B | 141.54B | 112.23B | 152.34B | 106.93B | 160.07B | 115.83B | 116.92B | 176.06B | 192.31B | 182.79B | 195.6B | 199.17B | 240.71B | 254.74B | 260.51B | 261.23B | 231.21B | 207.87B | 205.91B |
| Cash & Due from Banks | 85.35B | 84.69B | 90.71B | 99.05B | 93.05B | 105.63B | 115.83B | 116.92B | 104.52B | 119.59B | 123.16B | 123.4B | 145.06B | 155.27B | 179.53B | 168.78B | 177.82B | 164.85B | 151.79B | 140.35B |
| Short Term Investments | 12.88B | 56.86B | 21.53B | 53.29B | 13.88B | 54.45B | 0 | 0 | 71.54B | 72.72B | 59.63B | 72.2B | 54.11B | 85.45B | 75.22B | 91.73B | 83.41B | 66.36B | 56.09B | 65.56B |
| Total Investments | 458.84B | 507.65B | 479.33B | 491.59B | 456.04B | 491.53B | 409.6B | 379.61B | 140.06B | 111.68B | 129.22B | 107.45B | 151.28B | 180.82B | 174.51B | 136.02B | 174.32B | 103.77B | 134.27B | 122.95B |
| Investments Growth % | 0.61% | 3.28% | 17.02% | 29.5% | 225.6% | 340.11% | 216.99% | 253.3% | -7.42% | -38.24% | -25.95% | -21.01% | -13.22% | 74.25% | 29.96% | 10.62% | -40.03% | -64.69% | -39.08% | -65.01% |
| Long-Term Investments | 445.95B | 450.79B | 457.8B | 438.3B | 442.16B | 437.09B | 409.6B | 379.61B | 68.52B | 38.97B | 69.59B | 35.25B | 97.17B | 95.38B | 99.29B | 44.29B | 90.92B | 37.41B | 78.19B | 57.4B |
| Accounts Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 292M | 0 | 0 | 0 | 327M | 0 | 0 | 0 | 248M | 0 | 0 | 0 |
| Goodwill & Intangibles | 7.29B | 7.48B | 7.51B | 7.54B | 7.59B | 7.59B | 7.59B | 7.6B | 7.61B | 7.51B | 7.45B | 7.17B | 7.12B | 6.96B | 6.87B | 6.77B | 6.72B | 6.72B | 6.69B | 6.67B |
| Goodwill | 5.52B | 7.48B | 7.51B | 7.54B | 5.67B | 7.59B | 0 | 0 | 5.68B | 0 | 0 | 0 | 5.52B | 0 | 0 | 0 | 5.52B | 0 | 0 | 0 |
| Intangible Assets | 1.77B | 0 | 0 | 0 | 1.91B | 0 | 7.59B | 7.6B | 1.93B | 7.51B | 7.45B | 7.17B | 1.59B | 6.96B | 6.87B | 6.77B | 1.2B | 6.72B | 6.69B | 6.67B |
| PP&E (Net) | 4.28B | 0 | 0 | 0 | 3.97B | 0 | 0 | 0 | 4.23B | 0 | 0 | 0 | 4.24B | 0 | 0 | 0 | 4.23B | 0 | 0 | 0 |
| Other Assets | 157.47B | 125.82B | 153.23B | 111.86B | 145.46B | 107.15B | 157.31B | 193.33B | 433.72B | 478.35B | 442.77B | 457.61B | 409.51B | 458.44B | 445.58B | 473.82B | 417.09B | 502.93B | 483.1B | 499.81B |
| Total Current Assets | 98.3B | 141.54B | 112.23B | 152.34B | 106.94B | 160.07B | 115.83B | 116.92B | 176.7B | 192.31B | 182.79B | 195.6B | 199.84B | 240.71B | 254.74B | 260.51B | 261.84B | 231.21B | 207.87B | 205.91B |
| Total Non-Current Assets | 616.25B | 584.09B | 618.54B | 557.69B | 601.05B | 551.82B | 574.5B | 580.54B | 515.98B | 524.84B | 519.81B | 500.02B | 520.22B | 560.78B | 551.74B | 524.88B | 520.15B | 547.07B | 567.99B | 563.87B |
| Total Assets | 714.55B | 725.63B | 730.78B | 710.03B | 707.99B | 711.9B | 690.34B | 697.45B | 692.67B | 717.14B | 702.6B | 695.62B | 720.05B | 801.49B | 806.48B | 785.4B | 781.99B | 778.28B | 775.86B | 769.78B |
| Asset Growth % | 0.93% | 1.93% | 5.86% | 1.8% | 2.21% | -0.73% | -1.75% | 0.26% | -3.8% | -10.52% | -12.88% | -11.43% | -7.92% | 2.98% | 3.95% | 2.03% | -2.19% | -1.68% | -3.85% | -5.85% |
| Return on Assets (ROA) | 0.21% | 0.23% | 0.18% | 0.19% | 0.19% | 0.18% | 0.18% | 0.14% | 0.18% | 0.13% | 0.15% | 0.19% | 0.17% | 0.03% | 0.14% | 0.11% | 0.06% | 0.1% | 0.17% | 0.09% |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Debt | 71.83B | 6.14B | 69.96B | 7B | 65.92B | 6.67B | 62.66B | 6.49B | 60.07B | 6.21B | 60.68B | 6.85B | 55.32B | 6.59B | 56.5B | 8.22B | 58.33B | 8.68B | 55.75B | 8.08B |
| Net Debt | -13.52B | -78.55B | -20.74B | -92.04B | -27.13B | -98.96B | -53.17B | -110.43B | -44.44B | -113.38B | -62.48B | -116.55B | -89.75B | -148.67B | -123.02B | -160.57B | -119.49B | -156.18B | -96.04B | -132.27B |
| Long-Term Debt | 71.83B | 6.14B | 69.96B | 7B | 65.92B | 6.67B | 62.66B | 6.49B | 60.07B | 6.21B | 60.68B | 6.85B | 55.32B | 6.59B | 56.5B | 8.22B | 58.33B | 8.68B | 55.75B | 8.08B |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 119.8B | 139.68B | 136B | 136.26B | 124.85B | 147.28B | 117.76B | 141.97B | 127.79B | 156.76B | 135.01B | 141.91B | 138.64B | 197.45B | 172.85B | 161.52B | 152.44B | 163.08B | 165.47B | 176.62B |
| Total Current Liabilities | 480.31B | 537.44B | 482.84B | 525.16B | 477.84B | 519.41B | 472.35B | 511.1B | 467.62B | 518.72B | 472.11B | 509.14B | 489.6B | 562.49B | 538.5B | 576.42B | 529.41B | 564.64B | 510.75B | 542.43B |
| Total Non-Current Liabilities | 191.63B | 145.81B | 205.97B | 143.27B | 190.77B | 153.94B | 180.42B | 148.46B | 187.87B | 162.97B | 195.69B | 148.77B | 193.96B | 204.04B | 229.35B | 169.73B | 210.78B | 171.75B | 221.22B | 184.7B |
| Total Liabilities | 671.94B | 683.25B | 688.8B | 668.42B | 668.61B | 673.36B | 652.77B | 659.56B | 655.49B | 681.68B | 667.8B | 657.91B | 683.56B | 766.54B | 767.85B | 746.15B | 740.19B | 736.39B | 731.97B | 727.13B |
| Total Equity | 42.61B | 42.38B | 41.98B | 41.61B | 39.38B | 38.54B | 37.56B | 37.89B | 37.19B | 35.46B | 34.8B | 37.72B | 36.5B | 34.96B | 38.63B | 39.24B | 41.8B | 41.89B | 43.88B | 42.65B |
| Equity Growth % | 8.22% | 9.97% | 11.75% | 9.82% | 5.89% | 8.69% | 7.95% | 0.46% | 1.9% | 1.43% | -9.91% | -3.89% | -12.7% | -16.55% | -11.98% | -7.98% | -4.61% | -2.93% | 1.91% | -3.34% |
| Equity / Assets (Capital Ratio) | 5.96% | 5.84% | 5.74% | 5.86% | 5.56% | 5.41% | 5.44% | 5.43% | 5.37% | 4.94% | 4.95% | 5.42% | 5.07% | 4.36% | 4.79% | 5% | 5.35% | 5.38% | 5.66% | 5.54% |
| Return on Equity (ROE) | 3.48% | 3.98% | 3.19% | 3.31% | 3.41% | 3.27% | 3.31% | 2.61% | 3.55% | 2.64% | 2.98% | 3.61% | 3.7% | 0.69% | 2.86% | 2.22% | 1.19% | 1.73% | 3.04% | 1.65% |
| Book Value per Share | 21.05 | 20.79 | 20.52 | 20.34 | 19.18 | 18.41 | 17.34 | 13.78 | 13.52 | 16.05 | 14.19 | 15.75 | 15.04 | 14.21 | 16.07 | 14.93 | 15.77 | 15.66 | 15.55 | 15.11 |
| Tangible BV per Share | 17.44 | 17.12 | 16.85 | 16.66 | 15.49 | 14.79 | 13.84 | 11.01 | 10.75 | 12.65 | 11.15 | 12.75 | 12.11 | 11.38 | 13.21 | 12.35 | 13.23 | 13.15 | 13.18 | 12.75 |
| Common Stock | 10.02B | 10.07B | 10.13B | 10.13B | 10.13B | 10.42B | 10.43B | 12.92B | 10.84B | 12.81B | 9.85B | 13.15B | 11.7B | 13.08B | 10.58B | 13.05B | 11.47B | 12.96B | 11.78B | 12.92B |
| Additional Paid-in Capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.5B | 0 | 2.81B | 0 | 2.77B | 0 | 1.88B | 0 | 1.57B | 5.4B |
| Retained Earnings | 14.42B | 13.16B | 12.68B | 12.71B | 11.43B | 11.2B | 10.58B | 11.32B | 10.64B | 9.76B | 9.58B | 10.97B | 10.02B | 8.89B | 10.96B | 11.18B | 12.97B | 12.84B | 12.63B | 11.99B |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -540M | 0 | -258M | 0 | -279M | 0 | -371M | 0 | -391M | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |