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NatWest Group PLC - Edinburgh-based lender - Starts on Monday its previously announced £750 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 £2.7 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 £16.64 billion in total income for 2025, up 13% from £14.70 billion in 2024 and ahead of analyst consensus of £16.53 billion. Net interest income grew 14% to £12.83 billion from £11.28 billion, and non-interest income advanced 11% to £3.81 billion. Operating pretax profit increased 24% to £7.71 billion from £6.20 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% Copyright 2026 Alliance News Ltd. All Rights Reserved.
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