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NatWest Income Climbs 7.1% as Diluted Earnings Per Share Fall

Net interest income reached £3.56 billion, while non-interest income totaled £1.08 billion.

Updated 1 min read
Staff enter NatWest Group’s Gogarburn headquarters on Glasgow Road in Edinburgh, Scotland. / EconoTimes.ai
Staff enter NatWest Group’s Gogarburn headquarters on Glasgow Road in Edinburgh, Scotland. / EconoTimes.ai

NatWest reported £4.64 billion in third-quarter income, 7.1% above a year earlier and close to consensus; diluted earnings per share were 19.1 pence, down 2.6%.

Net interest income made up the larger component at £3.56 billion, 8.9% higher than in the year-earlier quarter. Non-interest income contributed £1.08 billion, an increase of 1.6%.

Earnings per share came to 19.1 pence, 0.5 pence below the 19.6 pence recorded in the same quarter a year earlier. The figures show that higher income coincided with lower per-share earnings in the quarter.

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