Business
NatWest Group plc Q1 Results 2025
NatWest Group plc Q1 Results 2025.
About this update from Natwest Group Plc
[{"type":"text","content":"\n\nInside this report\n \n\n\n\n\nBusiness performance summary\n \n\n\n\n\n2\n\n\nQ1 2025 performance summary\n\n\n\n\n3\n\n\nPerformance key metrics and ratios\n\n\n\n\n5\n\n\nChief Financial Officer's review\n\n\n\n\n6\n\n\nRetail Banking\n\n\n\n\n7\n\n\nPrivate Banking\n\n\n\n\n8\n\n\nCommercial & Institutional\n\n\n\n\n9\n\n\nCentral items & other\n\n\n\n\n10\n\n\nSegment performance\n\n\n\n\n \n\n\n \n\n\n\n\nRisk and capital management\n\n\n\n\n13\n\n\nCredit risk\n\n\n\n\n13\n\n\nSegment analysis - portfolio summary\n\n\n\n\n14\n\n\nSegment analysis - loans\n\n\n\n\n14\n\n\nMovement in ECL provision\n\n\n\n\n15\n\n\nECL post model adjustments\n\n\n\n\n16\n\n\nSector analysis - portfolio summary\n\n\n\n\n21\n\n\nCapital, liquidity and funding risk\n\n\n\n\n \n\n\n\n\n\n\n\nFinancial statements and notes\n\n\n\n\n28\n\n\nCondensed consolidated income statement\n\n\n\n\n29\n\n\nCondensed consolidated statement of comprehensive income\n\n\n\n\n30\n\n\nCondensed consolidated balance sheet\n\n\n\n\n31\n\n\nCondensed consolidated statement of changes in equity\n\n\n\n\n32\n\n\nPresentation of condensed consolidated financial statements\n\n\n\n\n32\n\n\nLitigation\n\n\n\n\n32\n\n\nPost balance sheet events\n\n\n\n\n\n\n\n\n\n\n \n \n\n\n\n\nAdditional information\n\n\n\n\n33\n\n\nPresentation of information\n\n\n\n\n33\n\n\nStatutory accounts\n\n\n\n\n33\n\n\nContacts\n\n\n\n\n33\n\n\nForward-looking statements\n\n\n\n\n \n\n\n\n\nAppendix\n\n\n\n\n34\n\n\nNon-IFRS financial measures\n\n\n\n\n39\n\n\nPerformance measures not defined under IFRS \n\n\n\n\n \n\n\n \n\n\n\n\n\nQ1 2025 performance summary\nChief Executive, Paul Thwaite, commented:\n\"Our strong first quarter performance demonstrates the positive momentum in our business as we deliver against clear strategic priorities, and we now expect to be at the upper end of our income and returns guidance for 2025. This performance is underpinned by continued growth across our three businesses and the support we provide to over 19 million customers, whether that is buying a home, growing a business or investing their money.\nIn the face of increased global economic uncertainty, our customers remain resilient and we saw good levels of activity through Q1 2025. The strength of our balance sheet means we are well placed...