NatWest Group on Friday reported attributable profit of £1.5 billion for the third quarter of 2026 and said it was reaffirming the full-year outlook given with its first-half results².

Reuters reported the British lender’s third-quarter profit as unchanged from a year earlier and said the bank, like some peers, kept yearly performance targets rather than raising them¹.

The bank said return on tangible equity was 21.6% in the quarter and 20.2% year to date, with earnings per share of 19.3 pence and capital generation before distributions of 71 basis points².

Pretax operating profit of about £2.2 billion for July–September was in line with the average analyst forecast, Reuters said¹.

Customer assets and liabilities were £1,002.6 billion, up £15.7 billion, or 1.6%, in the quarter, NatWest said, with lending, deposits and assets under management all higher².

The year-to-date cost-to-income ratio excluding litigation and conduct was 45.7%, 2.1 percentage points lower than a year earlier, with about £420 million of gross cost savings^2,1.

The Common Equity Tier 1 ratio rose 30 basis points to 13.5%, the loan-impairment rate was 21 basis points year to date, and the average liquidity coverage ratio was 137%, the bank said².

Chief Executive Paul Thwaite said lending, deposits and assets under management all increased in the quarter across the bank’s three customer franchises².

NatWest said it now expects risk-weighted assets of about £210 billion on Jan. 1, 2027, including Basel 3.1, while otherwise keeping the H1 2026 outlook².