NatWest Group plc

NWG · NYSE

Market closed$17.92$0.090000 (+0.50%)After hours $17.92 · 0.00%

Key statistics

Previous close$17.83
Open$17.61
Day high$17.99
Day low$17.54
52-week high$19.36
52-week low$13.40
Market cap35.65B
Volume3.85M
Average volume4.45M
P/E ratio9.53
Forward P/E
EPS1.88
Dividend yield+4.86%

Market context

Why it moved

NatWest Group (NWG) shares edged higher today, buoyed by a broader rally in London markets driven by hopes of Middle East de-escalation, while the bank's ongoing share buyback programme provided additional support to the stock price.

What is happening

Recent company-specific developments and publisher coverage.

July 17, 2026NatWest Group edged up modestly, holding near recent highs as analysts maintain a consensus 'Moderate Buy' rating with an average price target of GBX 743.75, implying further upside from current levels. The stock continues to benefit from a constructive backdrop for global banks following a strong Q2 earnings season on Wall Street, where robust trading and investment banking activity lifted sector sentiment. With NatWest's own Q2 results due July 31 and the stock trading at a low P/E of ~9.3x, investors are watching for continued execution on buybacks and the Evelyn Partners wealth management acquisition, which analysts cite as key re-rating catalysts.

0.5048

July 16, 2026NatWest Group closed modestly lower as Citi analysts backed the stock alongside HSBC, arguing that concerns over UK politics and Chinese regulatory headwinds weighing on UK banks should begin to fade — a potential catalyst for re-rating. The broader banking sector provided a constructive backdrop, with Wall Street Q2 earnings delivering record trading and investment banking revenues, while NatWest itself trades at a low P/E of ~9x with a consensus "Moderate Buy" rating and Q1 EPS of $0.48 beating estimates.

-0.5022

July 15, 2026NatWest Group shares rallied strongly, lifted by a powerful wave of better-than-expected Q2 earnings across major Wall Street banks — including Goldman Sachs, JPMorgan, Bank of America, Citigroup, Wells Fargo, and Morgan Stanley — that broadly boosted sentiment toward global financial stocks. The sector tailwind was amplified by a cooler-than-expected U.S. June CPI report (3.5% vs. 3.8% expected), which eased fears of imminent Fed rate hikes and sent bond yields lower. NatWest itself trades at an attractive P/E near 9.3x with a Q1 EPS beat already on the books, while analysts maintain a "Moderate Buy" consensus and BNP Paribas Exane recently upgraded the stock to strong-buy.

4.0046

July 15, 2026NatWest Group shares declined as broader financial sector sentiment was mixed despite a blockbuster U.S. bank earnings day, with JPMorgan, Goldman Sachs, Bank of America, Citigroup, and Wells Fargo all beating Q2 estimates on surging investment banking and trading revenues. The UK-focused lender, which reports its own next earnings on July 31, trades at a modest P/E of ~9.3x and carries a "Moderate Buy" consensus, with BNP Paribas Exane holding a strong-buy and Berenberg initiating at buy, though several institutional investors trimmed positions in Q1. Analysts continue to flag NatWest's Evelyn Partners acquisition and ongoing share buybacks as key re-rating catalysts.

-1.5429

July 14, 2026NatWest Group shares declined, pulling back from recent highs as geopolitical tensions reignited following U.S. airstrikes on Iran and an oil price surge, weighing on global risk sentiment ahead of a pivotal week for the banking sector. Despite the dip, key storylines remain supportive for NatWest: the bank is actively executing an ongoing share buyback programme, recently purchasing shares between 652–672 GBp, and a Seeking Alpha analysis this week highlighted the bank's agentic AI integration as a potential catalyst for operational efficiency and hyper-scaling. Additionally, NatWest joined Barclays, HSBC, and Lloyds in adopting a new Swift cross-border payments framework, signaling a broader push to modernize transaction infrastructure. Analyst sentiment holds a consensus "Moderate Buy," with BNP Paribas Exane recently upgrading to strong-buy and Berenberg Bank initiating coverage with a buy rating, even as a few analysts moved to hold. In after-hours trading, shares recovered modestly, up around 0.86%.

-1.464

July 11, 2026NatWest Group closed essentially unchanged on the NYSE, holding steady near $17.76 amid a busy news cycle for the UK bank. Investors are digesting NatWest's continued share buyback execution — purchasing more than 2.3 million shares in July through UBS AG — alongside its recently completed £2.7 billion acquisition of wealth manager Evelyn Partners, which analysts on Seeking Alpha argue could drive hyper-scaling in wealth fees and support a return on tangible equity above 18%. The Bank of England's proposed easing of leverage rules earlier this week offered an additional tailwind for large domestically-focused UK lenders like NatWest, while the appointment of Jefferies as a joint corporate broker signals efforts to deepen institutional investor engagement. Morgan Stanley maintained a Hold rating with a 740p price target, while the analyst consensus sits at Moderate Buy with a 759p average target.
July 10, 2026NatWest Group closed higher, buoyed by constructive UK regulatory developments and growing institutional interest, even as broader markets faced headwinds from renewed US-Iran tensions. The Bank of England's plans to ease leverage rules for large domestic banks—including NatWest—provided a positive backdrop, while the bank's appointment of Jefferies as a joint corporate broker alongside UBS signaled efforts to deepen institutional investor relationships. Meanwhile, Morgan Stanley reiterated its Hold rating with a 740p target, and investor focus remains squarely on NatWest's July 31 H1 results, where management is expected to reset full-year guidance following the £2.7 billion Evelyn Partners wealth management acquisition.

1.4278

July 9, 2026NatWest Group shares fell roughly 2.7% as a broad risk-off selloff swept global markets after President Trump declared the Iran ceasefire deal 'over,' sending oil prices surging more than 5% and triggering a flight from financial stocks. The decline came amid heightened investor scrutiny over NatWest's capital position following its £2.7 billion Evelyn Partners acquisition, which is expected to reduce the bank's CET1 ratio by ~130 basis points and has shifted consensus buyback expectations toward 2027–2028. Investors are now focused on NatWest's July 31 interim results, which will include the first full guidance reset post-Evelyn; separately, the bank appointed Jefferies as a joint corporate broker alongside UBS, signaling a push to broaden institutional investor engagement.

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Mortgage Professional America · July 17, 2026NatWest joins wave of mortgage rate hikes amid renewed uncertaintyComputer Weekly · July 17, 2026NatWest signs up to quantum trial for fraud detectionMarketBeat · July 17, 2026NatWest Group plc (LON:NWG) Given Average Rating of "Moderate Buy" by AnalystsStock Titan · July 17, 2026NatWest Group (NYSE: NWG) details July 2026 share repurchasesFinextra Research · July 15, 2026NatWest joins quantum computing innovation programmeTradingKey · July 15, 2026NatWest Group PLC Stock (NWG) Moved Up by 4.16% on Jul 15: Drivers Behind the MovementTradingView · June 29, 2026REG - NatWest Group plc - Directorate changeStock Titan · June 24, 2026NatWest Group (NWG) interim risk chief sells 35,328 shares in June
Benzinga · June 15, 2026Here's How Much You Would Have Made Owning NatWest Group Stock In The Last 5 Years
Mt Newswire · May 1, 2026Research Alert: CFRA Lowers Opinion On Adss Of Natwest Group To Hold From Buy
Mt Newswire · May 1, 2026NatWest Q1 Earnings, Total Income Increase; 2026 Income Guidance Updated
Mt Newswire · May 1, 2026Research Alert: Natwest Q1 2026 Beat; Top-end Guidance Achievable Despite Credit Uptick
Benzinga · May 1, 2026NatWest Group Q1 EPS $0.48 Beats $0.44 Estimate, Sales $5.874B Beat $5.770B Estimate
Mt Newswire · March 25, 2026Update: NatWest Sells HR Advisory Business Mentor to Empowering People Group
Benzinga · March 25, 2026'NatWest sells HR advisory business Mentor to private-backed rival' - Sky News
Mt Newswire · March 25, 2026Market Chatter: NatWest Plans to Sell HR Advisory Business Mentor to Empowering People Group

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