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FTSE 100 ‘Big Four’ bank NatWest (LSE: NWG) released another strong set of results on 2 May.
Profit soared 35.9% year on year to £1.341bn, while total income jumped 14.5% to £3.98bn. Over the same period, operating expenses fell by 3.6% to £1.979bn.
A risk in the shares could come from further decreases in UK interest rates as these could squeeze its net interest income (NII). This is the difference in money made from the interest on deposits and loans.
However, its Q1 results showed that NatWest’s NII increased over the period by 14.1% to £3.026bn. This mainly resulted from an increase in the interest rate charged on loans.
It also reflected a 0.9% year-on-year increase – by £3.4bn, to £371.9bn — in new loans extended via mortgages and to corporate and institutional clients.
Non-interest income also increased 15.8% to £954m.
For full-year 2025 the bank…
