16th Feb 2026 09:03
NatWest Group PLC - Edinburgh-based lender - Starts on Monday its previously announced GBP750 million share buyback programme, which the bank will complete by January 15 next year. UBS will conduct the programme on NatWest's behalf. NatWest intends to cancel the bought back shares. NatWest announced the programme earlier this month when revealing its GBP2.7 billion acquisition of wealth manager Evelyn Partners, though at the same time it said it won't announce another round of buybacks until its half-year 2027 results.
On Friday last week, NatWest reported GBP16.64 billion in total income for 2025, up 13% from GBP14.70 billion in 2024 and ahead of analyst consensus of GBP16.53 billion. Net interest income grew 14% to GBP12.83 billion from GBP11.28 billion, and non-interest income advanced 11% to GBP3.81 billion. Operating pretax profit increased 24% to GBP7.71 billion from GBP6.20 billion, also surpassing consensus estimates. NatWest guided a return on tangible equity target for 2026 of greater than 17%.
Current stock price: 601.60 pence each, up 3.7% on Monday morning in London
12-month change: up 37%
By Tom Budszus, Alliance News slot editor
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