NWG
NatWest Group plc
NYSEUSDEQUITY
Financial Services
DELAYED
Neutral
+17/100
Last price
17.67
▲ 0.17 (0.97%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
17.72
Prev close
17.50
Day high
17.80
Day low
17.64
Volume
4.47M
Market cap
$70.00B
P/E (TTM)
8.84
52W range
13.76 – 19.42
Day trading desk
Gap from prior close
+1.26%
Prior close 17.50
VWAP
17.72
-0.27% from price
Relative volume
3.43×
Unusually busy
Session range
1.19%
17.59 – 17.80
Position in range
38%
Mid range
ATR (14D)
0.42
2.39% of price
Prior day high
17.60
PDH
Prior day low
17.39
PDL
Bid / ask spread
—
Quote not published
Session volume
11.95M
Avg 3.48M
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
-3.23%
-5.2%
1M
-6.71%
-7.9%
3M
+0.91%
-3.6%
6M
+15.19%
-3.0%
YTD
+0.97%
-13.3%
1Y
+18.67%
+2.3%
3Y
+203.09%
+120.8%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
11 more panels on NWG open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
0
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Dec 11, 25 | Massachusetts Financial Services Company |
— | 0 | — | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
Massachusetts Financial Services Company |
— | 2.21M | Holding |
Fundamentals
Market cap$70.00B
Enterprise value$-20.60B
Revenue (TTM)$16.81B
Gross profit$16.81B
EBITDA—
Net income$6.03B
EPS (TTM)$2.00
Free cash flow—
Total cash$227.99B
Total debt$137.07B
Book value / share$13.04
Shares outstanding3.96B
Float3.96B
Short % of float0.03%
Dividend yield5.34%
Beta (5Y)0.82
Valuation & profitability ratios
Trailing P/E8.84
Forward P/E8.19
PEG ratio1.40
Price / sales—
Price / book1.36
EV / revenue-1.23
EV / EBITDA—
Gross margin0.00%
Operating margin53.05%
Profit margin37.73%
Return on equity14.78%
Return on assets0.86%
Debt / equity—
Current ratio—
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $16.61B | $14.65B | $14.78B | $13.35B | +13.3% |
| Operating revenue | $16.61B | $14.65B | $14.78B | $13.35B | +13.3% |
| Selling, general & admin | $1.42B | $1.45B | $1.61B | $1.58B | -1.6% |
| Total operating expense | $8.10B | $7.85B | $7.64B | $7.30B | +3.1% |
| Pre-tax income | $7.71B | $6.20B | $6.18B | $5.13B | +24.4% |
| Tax provision | $1.87B | $1.47B | $1.43B | $1.27B | +27.9% |
| Net income | $5.83B | $4.80B | $4.64B | $3.59B | +21.4% |
| Net income to common | $5.48B | $4.52B | $4.39B | $3.34B | +21.2% |
| Basic EPS | 1.36 | 1.07 | 0.96 | 0.68 | +27.1% |
| Diluted EPS | 1.35 | 1.06 | 0.95 | 0.67 | +26.9% |
| Basic shares | 4.03B | 4.22B | 4.59B | 4.94B | -4.6% |
| Diluted shares | 4.06B | 4.26B | 4.61B | 4.97B | -4.5% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $85.35B | $93.05B | $104.52B | $145.06B | -8.3% |
| Property, plant & equipment | $4.28B | $3.97B | $4.23B | $4.24B | +7.9% |
| Goodwill & intangibles | $7.29B | $7.59B | $7.61B | $7.12B | -3.9% |
| Total assets | $714.55B | $707.99B | $692.67B | $720.05B | +0.9% |
| Total debt | $71.83B | $65.92B | $60.07B | $55.32B | +9.0% |
| Total liabilities | $671.94B | $668.61B | $655.49B | $683.56B | +0.5% |
| Retained earnings | $14.42B | $11.43B | $10.64B | $10.02B | +26.2% |
| Shareholder equity | $42.60B | $39.35B | $37.16B | $36.49B | +8.3% |
| Net tangible assets | $35.31B | $31.76B | $29.54B | $29.37B | +11.2% |
| Shares issued | 8.23B | 8.33B | 8.99B | 9.79B | -1.3% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $7.71B | $6.28B | $6.07B | $4.87B | +22.8% |
| Depreciation & amortisation | $1.15B | $1.06B | $934.00M | $833.00M | +9.1% |
| Change in working capital | $972.00M | -$7.27B | -$25.68B | -$48.45B | +113.4% |
| Operating cash flow | $7.07B | $1.77B | -$17.44B | -$43.60B | +299.1% |
| Capital expenditure | -$1.28B | -$1.08B | -$1.55B | -$1.38B | -18.9% |
| Investing cash flow | -$13.77B | -$12.70B | -$14.69B | $19.06B | -8.4% |
| Share buybacks | -$2.56B | -$2.72B | -$2.42B | -$2.05B | +5.8% |
| Dividends paid | -$2.38B | -$1.80B | -$1.70B | -$3.21B | -32.0% |
| Financing cash flow | -$3.49B | -$1.89B | -$6.30B | -$10.65B | -85.3% |
| Free cash flow | $5.79B | $694.00M | -$18.99B | -$44.98B | +734.3% |
| End cash position | $95.43B | $104.84B | $118.82B | $158.45B | -9.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Total revenue | $4.50B | $4.36B | $4.29B | $4.33B | $3.99B | — | +3.3% |
| Operating revenue | $4.50B | $4.36B | $4.29B | $4.33B | $3.99B | — | +3.3% |
| Selling, general & admin | $381.00M | $368.00M | $440.00M | $323.00M | $337.00M | — | +3.5% |
| Total operating expense | $2.02B | $2.03B | $2.21B | $1.98B | $1.97B | — | -0.3% |
| Pre-tax income | $2.29B | $2.03B | $1.94B | $2.18B | $1.77B | — | +12.4% |
| Tax provision | $612.00M | $526.00M | $462.00M | $502.00M | $439.00M | — | +16.3% |
| Net income | $1.68B | $1.50B | $1.48B | $1.68B | $1.33B | — | +11.6% |
| Net income to common | $1.60B | $1.43B | $1.39B | $1.60B | $1.24B | — | +11.9% |
| Basic EPS | — | 0.36 | 0.35 | 0.40 | — | 0.31 | — |
| Diluted EPS | — | 0.36 | 0.34 | 0.39 | — | 0.31 | — |
| Basic shares | — | 4.00B | 4.00B | 4.04B | — | 4.04B | — |
| Diluted shares | — | 4.02B | 4.05B | 4.08B | — | 4.06B | — |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $77.11B | $78.97B | $85.35B | $84.69B | $90.71B | -2.4% |
| Property, plant & equipment | — | — | $4.28B | — | — | — |
| Goodwill & intangibles | $10.21B | $7.22B | $7.29B | $7.48B | $7.51B | +41.3% |
| Total assets | $745.37B | $749.64B | $714.55B | $725.63B | $730.78B | -0.6% |
| Total debt | $76.19B | $6.64B | $71.83B | $6.14B | $69.96B | +1,047.1% |
| Total liabilities | $701.54B | $705.97B | $671.94B | $683.25B | $688.80B | -0.6% |
| Retained earnings | $15.16B | $15.59B | $14.42B | $13.16B | $12.68B | -2.8% |
| Shareholder equity | $43.82B | $43.66B | $42.60B | $42.36B | $41.96B | +0.4% |
| Net tangible assets | $33.61B | $36.43B | $35.31B | $34.88B | $34.45B | -7.7% |
| Shares issued | 8.15B | 8.18B | 8.23B | 8.27B | 8.33B | -0.3% |
No filings published for this symbol yet.
Newly listed companies often have nothing on file until their first annual report.
Newly listed companies often have nothing on file until their first annual report.
Options analytics
Put / call volume
53.64
Put-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
15.00
-15.1% from spot
ATM implied vol
0.0%
Nearest strike to spot
Skew (10% OTM)
0.0%
Calls bid over puts
Call volume
11
Contracts, this expiry
Put volume
590
Contracts, this expiry
Heaviest call OI
15.00
0 contracts
Heaviest put OI
15.00
0 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.47 | 0.54 | +14.0% |
| Mar 2026 | 0.45 | 0.49 | +8.9% |
| Dec 2025 | 0.39 | 0.47 | +21.4% |
| Sep 2025 | 0.53 | 0.53 | -0.2% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.52 | 1 | $4.63B | +6.8% |
| Next quarter | 0.46 | 1 | $4.66B | +7.9% |
| Current year | 1.92 | 1 | $18.12B | +8.9% |
| Next year | 2.16 | 1 | $19.64B | +8.4% |
Analyst targets & ownership
Mean target$21.91
High target$23.60
Low target$20.10
Implied upside24.01%
Analyst count4
ConsensusSTRONG BUY
Strong buy / Buy2 / 2
Hold0
Sell / Strong sell0 / 0
Held by insiders0.00%
Held by institutions5.02%
Institutions holding498
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
17.95
-1.58% from price
SMA 20
18.31
-3.51% from price
SMA 50
18.58
-4.89% from price
SMA 100
17.71
-0.24% from price
SMA 200
17.09
+3.37% from price
EMA 12
18.00
-1.82% from price
EMA 26
18.24
-3.15% from price
EMA 50
18.24
-3.12% from price
RSI (14)
41.4
Neutral
MACD (12,26,9)
-0.25
Hist -0.11
ATR (14)
0.42
2.39% of price
Realised vol 30D
25.5%
Annualised
Bollinger upper
19.23
20, 2σ
Bollinger lower
17.40
20, 2σ
50 / 200 cross
Golden
18.58 vs 17.09
Trend bias
Above 200
+3.37%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
1.34
More volatile than market
Correlation to SPY
0.55
Loosely linked
Realised vol 30D
25.5%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-27.2%
Peak to trough
Max drawdown 5Y
-44.2%
Peak to trough
ATR 14
0.42
2.39% of price
Beta (reported)
0.82
5Y monthly, from filing
Short interest
Shares short
1.21M
Prior 1.56M
Change vs prior
-22.5%
Shorts covering
% of float
0.03%
Normal
% of shares out
0.03%
Against total outstanding
Days to cover
0.5
Liquid
Float
3.96B
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Jan 7, 26 | Barclays | DOWNGRADE | Overweight | Equal-Weight |
| Jun 21, 23 | Exane BNP Paribas | DOWNGRADE | Neutral | Underperform |
Dividends & splits
Forward rate$0.94 / yr
Forward yield5.34%
5-year avg yield4.59%
Payout ratio44.17%
Ex-dividend dateAug 14, 2026
Next pay dateSep 18, 2026
Last split928:1000
Split dateAug 30, 2022
SEC filings
Corporate Changes & Voting Matters
6-K · 2026-10-05
Corporate Changes & Voting Matters
6-K · 2026-10-02
Corporate Changes & Voting Matters
6-K · 2026-09-30
Corporate Changes & Voting Matters
6-K · 2026-09-29
Corporate Changes & Voting Matters
6-K · 2026-09-25
Corporate Changes & Voting Matters
6-K · 2026-09-22
Corporate Changes & Voting Matters
6-K · 2026-09-18
Corporate Changes & Voting Matters
6-K · 2026-09-11
Headlines
The UK’s First Tokenized Deposit Transfers: What You Need to Know
24/7 Wall St. · 12d ago
Can U.K. Loan Growth & Tech Spending Lift Barclays' Earnings?
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NatWest (LSE:NWG) Stock Sees Modest Fair Value Lift As Analysts Raise Targets
Simply Wall St. · 13d ago
Amazon Is Selling Its First Sterling Bonds in Four-Part Deal
Bloomberg · 28d ago
Update: Amazon.com Mandates Banks for Debut Sterling Bond Sale
MT Newswires · 29d ago
Market Chatter: Amazon.com Mandates Banks for Debut Sterling Bond Sale
MT Newswires · 29d ago
NatWest (NWG) Looks to America for Growth as UK Banking Competition Intensifies
Insider Monkey · 39d ago
UK officials fear Burnham’s fiscal flexibility could unsettle bond markets
Investing.com · 60d ago
PRIVATE STRATEGY · BY QUALIFICATION
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