MarketCap
Facebook
X
Telegram
NatWest Group plc Balance Sheet 2025-2011 | NWG
Brief overview of NatWest Group plc's balance sheet structure
Balance sheet changes are traced across five available annual reports between 2021 and 2025.
Assets declined from £782 billion to £714.6 billion, or -8.6%. The contraction calls for context such as disposals, restructuring or weaker operations.
Liabilities followed the scale of the balance sheet: -9.2% versus -8.6% for assets. Leverage did not change materially.
For a financial business, a high liability share is part of the operating model, so capital is the key reference point: equity equals 6% of assets versus initially.
Balance sheet takeaway
NatWest Group plc's balance sheet profile is moderate. It should be considered alongside profitability, cash flow and liability maturities.
Annual Balance Sheet NatWest Group plc
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Liabilities |
672 B | 669 B | 655 B | 684 B | 740 B | 756 B | 679 B | 648 B | 689 B | - | - | - | - | - | - |
Total Assets |
715 B | 708 B | 693 B | 720 B | 782 B | 799 B | 723 B | 694 B | 738 B | - | - | - | - | - | - |
Cash and Cash Equivalents |
95.4 B | 105 B | 119 B | 158 B | 191 B | 139 B | 101 B | 109 B | 123 B | 98.6 B | 104 B | - | - | - | - |
Book Value |
42.6 B | 39.4 B | 37.2 B | 36.5 B | 41.8 B | 43.8 B | 43.6 B | 46.5 B | 49.1 B | - | - | - | - | - | - |
Total Shareholders Equity |
42.6 B | 39.4 B | 37.2 B | 36.5 B | - | 43.8 B | 43.6 B | 46.5 B | 49.1 B | 49.4 B | - | - | - | - | - |
All numbers in GBP currency
Quarterly Balance Sheet NatWest Group plc
| 2025-Q4 | 2025-Q2 | 2024-Q4 | 2024-Q2 | 2023-Q4 | 2023-Q2 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Liabilities |
672 B | 689 B | 669 B | 653 B | 655 B | 668 B | - | - | - | - | 740 B | - | 732 B | - | 756 B | - | 764 B | - | 679 B | - | 684 B | - | 648 B | - | 700 B | - | 689 B | - | - | - | 749 B | - | - | - | 761 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Retained Earnings |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 14.1 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Assets |
715 B | 731 B | 708 B | 690 B | 693 B | 703 B | - | - | - | - | 782 B | - | 776 B | - | 799 B | - | 807 B | - | 723 B | - | 730 B | - | 694 B | - | 748 B | - | 738 B | - | - | - | 799 B | - | - | - | 815 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cash and Cash Equivalents |
95.4 B | 103 B | 105 B | 128 B | 119 B | 138 B | - | - | - | - | 191 B | - | 167 B | - | 139 B | - | 123 B | - | 101 B | - | 111 B | - | 109 B | - | 126 B | - | 123 B | - | 118 B | - | 98.6 B | - | - | - | 104 B | - | - | - | 108 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Book Value |
42.6 B | 42 B | 39.4 B | 37.6 B | 37.2 B | 34.8 B | - | - | - | - | 41.8 B | - | 43.9 B | - | 43.8 B | - | 43.1 B | - | 43.6 B | - | 46.2 B | - | 46.5 B | - | 48.5 B | - | 49.1 B | - | - | - | 49.4 B | - | - | - | 54.1 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Shareholders Equity |
42.6 B | 42 B | 39.4 B | 37.6 B | 37.2 B | 34.8 B | - | - | - | - | 41.8 B | - | 43.9 B | - | 43.8 B | - | 43.1 B | - | 43.6 B | - | 46.2 B | - | 46.5 B | - | 48.5 B | - | 49.1 B | - | - | - | 49.4 B | - | - | - | 54.1 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
All numbers in GBP currency
Balance Sheet is a fundamental financial report of NatWest Group plc, providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.
For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.
Features of balance sheet analysis- Vertical and horizontal analysis
Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods. - Asset quality
It is important to evaluate not only the amount of assets but also their liquidity and realizability. - Accounting for off-balance sheet liabilities
Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.
Russia
USA
India
Canada
Schweiz
Britain
Chile
Australia
Panama
Niderland
Japan
Peru
Spain
Colombia
Bermuda