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£6.2bn
- NatWest Group has revealed its highest yearly profit since just before the financial crisis in 2007. The banking group reported a pre-tax profit of £6.2bn over 2023, higher than expected.
www.bbc.com/news/business-68315019
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We paid a special dividend of £1.7 billion in 2022 as we returned surplus capital to shareholders. For full details of our distributions over the last five years refer to page 11 of the 2023 Annual Report and Accounts.
- Annual Results 2023
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- Annual Results 2023
Feb 16, 2024 · Overview. NatWest Group performed well in 2023, delivering for our customers, our shareholders, and the wider UK economy. Despite the macroeconomic uncertainty, our customers remained resilient, navigating both inflation and rising interest rates.
Feb 16, 2024 · NatWest Group has revealed its highest yearly profit since just before the financial crisis in 2007. The banking group reported a pre-tax profit of £6.2bn over 2023, higher than expected. It...
Jul 26, 2024 · In the first half of the year, we have delivered an operating profit of £3 billion, a return on tangible equity of 16.4% and a 6 pence interim dividend, up 9% on last year’s dividend. We are also pleased with the continued reduction of the Government’s stake, which has almost halved this year.
Full year attributable profit of £4.4 billion and a return on tangible equity (RoTE) of 17.8%, above our guided range. Total income excluding notable items (1) of £14.3 billion increased by £1.3 billion, or 9.8%, compared with 2022 principally
Sep 6, 2024 · In the first half of the year, we have delivered an operating profit of £3 billion, a return on tangible equity of 16.4% and a 6 pence interim dividend, up 9% on last year’s dividend. We are also pleased with the continued reduction of the Government’s stake, which has almost halved this year.
Feb 17, 2023 · Our operating profit for 2022 of £5.1bn increased from £3.8bn the year before. Income was up around 30%*, costs were down nearly 3% for the Go-forward group** and we retain a strong capital position.
