NatWest Group plc Website

NatWest Group plc

LSE-NWG

Income Statement
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Interest Income On Loans

11,127

9,711

9,234

12,637

21,026

23,834

Interest Income, Total

11,127

9,711

9,234

12,637

21,026

23,834

Interest On Deposits

3,328

2,322

1,699

2,795

9,977

13,103

Interest Expense, Total

3,328

2,322

1,699

2,795

9,977

13,103

Net Interest Income

7,799

7,389

7,535

9,842

11,049

10,731

Income From Trading Activities

932

1,125

323

1,133

794

726

Gain (Loss) on Sale of Assets

1,160

-3

18

-5

-21

-21

Gain (Loss) on Sale of Invest. & Securities

43

96

117

-168

-43

-23

Income (Loss) on Equity Invest.

-14

-30

216

-30

-9

17

Total Other Non Interest Income

3,010

2,208

2,365

2,545

2,979

2,726

Non Interest Income, Total

5,131

3,396

3,039

3,475

3,700

3,425

Revenues Before Provison For Loan Losses

12,930

10,785

10,574

13,317

14,749

14,156

Provision For Loan Losses

724

3,098

-1,173

337

578

403

Total Revenues

12,206

7,687

11,747

12,980

14,171

13,753

Total Revenues % Chg.

—

-3.5%

-37%

52.8%

10.5%

9.2%

-3.2%

Salaries And Other Employee Benefits

3,525

3,878

3,676

3,656

3,850

3,988

Occupancy Expense

1,841

2,135

1,971

1,945

2,087

2,135

Selling General & Admin Expenses, Total

2,533

1,845

2,026

2,086

2,059

2,022

Non Interest Expense, Total

7,899

7,858

7,673

7,687

7,996

8,145

EBT, Excl. Unusual Items

4,307

-171

4,074

5,293

6,175

5,608

Restructuring Charges

-1,381

—

—

—

—

—

Total Merger & Related Restructuring Charges

—

—

—

—

—

290

—

—

—

—

—

Impairment of Goodwill

—

—

—

—

—

-85

—

—

—

Asset Writedown

—

—

—

—

—

—

Insurance Settlements

—

—

—

—

—

—

—

—

—

—

Other Unusual Items

—

767

-382

-145

-161

3

10

EBT, Incl. Unusual Items

3,983

-553

3,844

5,132

6,178

5,618

Income Tax Expense

439

74

996

1,275

1,434

1,174

Earnings From Continuing Operations

3,544

-627

2,848

3,857

4,744

4,444

Earnings Of Discontinued Operations

—

—

—

256

193

464

-262

-112

7

Minority Interest

-261

62

-44

-6

4

-7

Net Income

3,539

-372

3,268

3,589

4,636

4,444

Preferred Dividend and Other Adjustments

406

381

318

249

242

250

Net Income to Common Incl Extra Items

3,133

-753

2,950

3,340

4,394

4,194

Net Income to Common Excl. Extra Items

2,877

-946

2,486

3,602

4,506

4,187

Total Shares Outstanding

11,216.1

11,247.9

10,466.9

9,659

8,792.7

8,307

Weighted Avg. Shares Outstanding

11,205.1

11,231

10,792

9,872

9,164

8,770.3

Weighted Avg. Shares Outstanding Dil

11,237.6

11,231

10,837

9,929

9,219

8,822.2

EPS

0.3

-0.1

0.3

0.3

0.5

0.5

EPS Diluted

0.3

-0.1

0.3

0.3

0.5

0.5

Effective Tax Rate

11%

-13.4%

25.9%

24.8%

23.2%

20.9%