your badges 52W Range $14–$19 69% of range Analyst Rating BUY 28 analysts Price Target $22 +24% upside P/E 26.0 ROE 14.2% Net Profit Margin 19.3%

NWG Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $17.67
P/E 26.0
EPS $0.67
Revenue $30.24B
ROE 14.2%
52W Range $14–$19

NWG Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

04
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Stock splits 3
Ex-date Split Type
Aug. 30, 2022 1-for-1 Reverse
Nov. 7, 2008 1-for-20 Reverse
Sept. 10, 2008 41-for-40 Forward

10-Year Performance Revenue, net income, margins and EPS trends

06
Revenue$30.24B
2017-12-31 → 2025-12-31
EPS$0.67
2017-12-31 → 2025-12-31
Free Cash Flow$6.41B
2017-12-31 → 2025-12-31
Net margin19.3%
2017-12-31 → 2025-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend NWG 5Y avg Peer Median Verdict
P/E 26.05Y avg ≈20.1 ≈20.1 · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Dividends Yield, payout ratio, dividend history, 5Y CAGR

13
Payout Ratio40.7%
Annualized Payout≈$0.64Paid semi-annually
Growth Streak≈2Consecutive years of dividend growth
Ex-dateAmountCurrencyYield
Aug 14, 2026$0.32USD≈4.9%
Mar 20, 2026$0.62USD≈6.3%
Aug 8, 2025$0.26USD≈5.6%
Mar 14, 2025$0.39USD≈4.6%
Aug 9, 2024$0.15USD≈6.7%
Mar 14, 2024$0.29USD≈9.1%
Dec 1, 2023$0.14USD≈9.5%
Aug 10, 2023$0.14USD≈14.9%
Mar 16, 2023$0.24USD≈11.6%
Aug 30, 2022$0.42USD≈12.3%
Aug 25, 2022$0.09USD≈4.7%
Mar 17, 2022$0.22USD≈5.1%
Aug 12, 2021$0.09USD≈2.7%
Mar 25, 2021$0.09USD≈1.6%
Mar 26, 2020$0.22USD≈17.1%
Aug 15, 2019$0.37USD≈15.6%
Mar 21, 2019$0.31USD≈5.1%
Aug 23, 2018$0.06USD≈0.81%
May 29, 2008$14.17USD≈24.1%
Mar 5, 2008$9.65USD≈6.4%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14
Avg Surprise 10.4%
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 $0.18 $0.19 -3.2%
March 31, 2026 $0.18 $0.17 5.7%
Dec. 31, 2025 $0.17 $0.15 12.0%
Sept. 30, 2025 $0.20 $0.16 21.9%
June 30, 2025 $0.16 $0.14 13.8%
March 31, 2025 $0.17 $0.15 12.0%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

15
Income Statement 11
Metric Trend 2025202420232022202120202019201820172016
Revenue $30.24B$29.32B$25.38B$16.57B$12.70B$13.45B$18.16B$16.66B$16.06B$15.95B
Interest Expense $12.87B$13.91B$9.98B$2.79B$1.70B$2.32B$3.33B$2.39B$2.05B$2.55B
Interest Income ·$25.19B$21.03B$12.64B$9.23B$9.71B$11.13B$11.05B$11.03B$11.26B
Pretax Income $7.71B$6.20B$6.18B$5.13B$3.84B$-553M$3.98B$3.36B$2.24B$-4.08B
Income Tax $1.87B$1.47B$1.43B$1.27B$996M$74M$439M$1.21B$731M$1.17B
Net Income $5.83B$4.81B$4.63B$3.60B$3.31B$-434M$3.80B$2.15B$1.51B$-5.25B
EPS (Basic) $0.68$0.54$0.48$0.34$0.27$-0.07$0.26$13.50$0.06$-0.59
EPS (Diluted) $0.67$0.53$0.48$0.34$0.27$-0.07$0.26$13.40$0.06$-0.59
Shares (Basic) 8,052,000,0008,450,000,0009,164,000,0009,872,000,00010,792,000,00011,231,000,00012,067,000,00012,009,000,00011,867,000,00011,692,000,000
Shares (Diluted) 8,126,000,0008,516,000,0009,219,000,0009,929,000,00010,837,000,00011,231,000,00012,102,000,00012,061,000,00011,936,000,00011,743,000,000
EBITDA $1.15B$1.06B$934M$833M$923M$905M$1.18B$731M$808M·
Balance Sheet 6
Metric Trend 2025202420232022202120202019201820172016
Cash & Equivalents $95.43B$104.84B$118.82B$158.45B$190.71B$139.20B$100.59B$91.37B$100.72B$88.41B
PP&E (Net) ··$4.23B$4.24B$4.23B$4.42B$4.93B$4.35B$4.60B$4.59B
Goodwill $5.52B$5.67B$5.68B$5.52B$5.52B$5.61B$5.61B$5.61B$5.56B$5.56B
Total Assets $714.55B$707.99B$692.67B$720.05B$781.99B$799.49B$723.04B$694.24B$738.06B$798.66B
Total Liabilities $671.94B$668.61B$655.49B$683.56B$740.19B$755.67B$679.48B$647.75B$688.96B$749.25B
Stockholders' Equity $42.60B$39.35B$37.16B$36.49B$41.80B$43.86B$43.55B$45.74B$48.33B$48.61B
Cash Flow 9
Metric Trend 2025202420232022202120202019201820172016
D&A $1.15B$1.06B$934M$833M$923M$913M$1.22B$731M$808M$778M
Other Non-cash $84M$-4.10B$-23.00B$-48.02B$49.45B$28.62B$-8.08B$-3.04B$36.52B·
Operating Cash Flow $7.07B$1.77B$-17.44B$-43.60B$53.68B$29.09B$-3.08B$-6.75B$35.71B$-3.65B
CapEx $665M$464M$811M$639M$901M$376M$559M$619M$1.13B$912M
Investing Cash Flow $-13.77B$-12.70B$-14.69B$19.06B$3.06B$7.55B$-716M$-7.99B$-6.15B$-4.36B
Dividends Paid $2.38B$1.80B$1.70B$3.21B$1.02B$381M$3.43B$803M$612M$1.70B
Financing Cash Flow $-3.49B$-1.89B$-6.30B$-10.65B$-2.60B$90M$-2.57B$389M$-5.51B$-5.11B
Free Cash Flow $6.41B$1.31B$-18.25B$-44.24B$52.78B$28.72B$-3.66B$-847M$37.61B·
Levered FCF $-3.33B$-9.31B$-25.91B$-46.34B$51.50B$25.85B$-6.65B$-2.33B$36.32B·
Profitability 5
Metric Trend 2025202420232022202120202019201820172016
Net Margin 19.3%16.4%18.2%21.7%25.9%-3.1%20.6%12.5%8.8%·
Pretax Margin 25.5%21.1%24.3%31.0%31.5%-2.5%23.0%20.2%13.9%·
EBITDA Margin 3.8%3.6%3.7%5.0%7.2%6.5%6.4%4.4%5.0%·
ROA 0.82%0.69%0.66%0.48%0.42%-0.06%0.54%0.29%0.19%·
ROE 14.2%12.6%12.6%9.2%7.7%-0.99%8.5%4.4%2.9%·
Efficiency 1
Metric Trend 2025202420232022202120202019201820172016
Asset Turnover 0.00.00.00.00.00.00.00.00.0·
Per Share 3
Metric Trend 2025202420232022202120202019201820172016
Revenue / Share $3.72$3.44$2.75$1.67$1.10$1.14$1.52$1.38$1.35·
Cash Flow / Share $0.87$0.21$-1.89$-4.39$4.60$2.40$-0.26$-0.02$3.25·
EPS (TTM) $0.67$0.53$0.48$0.34$0.27$-0.07$0.26$13.40$0.06·
Valuation (TTM) 6
Metric Trend 2025202420232022202120202019201820172016
Revenue TTM $30.24B$29.32B$25.38B$16.57B$12.70B$13.45B$18.16B$16.66B$16.06B·
Net Income TTM $5.83B$4.81B$4.63B$3.60B$3.31B$-434M$3.80B$2.15B$1.51B·
P/E 26.019.211.819.224.2-72.726.80.4130.7·
Earnings Yield 3.9%5.2%8.5%5.2%4.1%-1.4%3.7%222.4%0.77%·
Payout Ratio 40.7%37.4%36.8%89.1%30.7%-87.8%·38.5%43.2%·
Annual Payout $2.38B$1.80B$1.70B$3.21B$1.02B$381M$3.43B$803M$612M·

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16
Metric 2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $30.24B $29.32B $25.38B $16.57B $12.70B
Net Income $5.83B $4.81B $4.63B $3.60B $3.31B
Diluted EPS $0.67 $0.53 $0.48 $0.34 $0.27

Institutional owners (13F) 456 filers · $3.2B total · As of Sept. 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 456
Value held $3.2B
New positions 58
Exited positions 41
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
58 (-7 vs prior Q) 41 (-5 vs prior Q) 181 (+29 vs prior Q) 132 (-1 vs prior Q) -7.0M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
FMR LLC $320,106,702 18,156,932 10.05% Shares
BNP PARIBAS FINANCIAL MARKETS $222,755,279 12,635,013 7.00% Shares
Capital International Investors $221,701,246 12,704,937 6.96% Shares
JONES FINANCIAL COMPANIES LLLP $215,211,970 12,497,549 6.76% Shares
MORGAN STANLEY $179,408,127 10,176,295 5.64% Shares
BANK OF AMERICA CORP /DE/ $138,286,811 7,843,835 4.34% Shares
GOLDMAN SACHS GROUP INC $128,934,161 7,313,339 4.05% Shares
JPMORGAN CHASE & CO $110,156,689 6,312,703 3.46% Shares
DIMENSIONAL FUND ADVISORS LP $88,357,487 5,011,770 2.78% Shares
NORTHERN TRUST CORP $80,828,914 4,584,737 2.54% Shares
AMERICAN CENTURY COMPANIES INC $74,787,747 4,242,073 2.35% Shares
TODD ASSET MANAGEMENT LLC $68,711,114 3,897,393 2.16% Shares
Fisher Asset Management, LLC $66,035,997 3,745,660 2.07% Shares
JANE STREET GROUP, LLC $61,690,826 3,499,196 1.94% Shares
CAUSEWAY CAPITAL MANAGEMENT LLC $61,480,917 3,487,290 1.93% Shares
BlackRock, Inc. $58,052,065 3,292,800 1.82% Shares
BANK OF MONTREAL /CAN/ $55,102,952 3,125,522 1.73% Shares
ROYAL BANK OF CANADA $54,090,000 3,068,051 1.70% Shares
RAYMOND JAMES FINANCIAL INC $48,499,994 2,750,992 1.52% Shares
ENVESTNET ASSET MANAGEMENT INC $41,776,620 2,369,719 1.31% Shares
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ $40,341,510 2,288,231 1.27% Shares
ABC ARBITRAGE SA $32,778,930 1,859,270 1.03% Shares
CIBC WORLD MARKET INC. $32,752,080 1,857,747 1.03% Shares
MILLENNIUM MANAGEMENT LLC $31,130,631 1,765,776 0.98% Shares
WELLS FARGO & COMPANY/MN $29,068,816 1,648,827 0.91% Shares
MARSHALL WACE, LLP $26,411,291 1,498,088 0.83% Shares
O'SHAUGHNESSY ASSET MANAGEMENT, LLC $24,170,289 1,370,975 0.76% Shares
AQR CAPITAL MANAGEMENT LLC $23,298,210 1,321,509 0.73% Shares
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP $23,001,790 1,304,696 0.72% Shares
Quantinno Capital Management LP $20,869,868 1,183,770 0.66% Shares
UBS Group AG $19,771,040 1,121,443 0.62% Shares
Qube Research & Technologies Ltd $18,804,246 1,066,605 0.59% Shares
Crossmark Global Holdings, Inc. $18,254,878 1,035,444 0.57% Shares
CAPTRUST FINANCIAL ADVISORS $17,876,010 1,013,954 0.56% Shares
CITADEL ADVISORS LLC $17,181,175 974,542 0.54% Shares
Cubist Systematic Strategies, LLC $14,730,405 1,041,018 0.46% Shares
Tower Research Capital LLC (TRC) $14,360,234 814,534 0.45% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $14,009,557 794,643 0.44% Shares
OLD MISSION CAPITAL LLC $13,208,096 749,183 0.41% Shares
Schonfeld Strategic Advisors LLC $12,517,157 709,992 0.39% Shares
SEI INVESTMENTS CO $10,357,470 587,496 0.33% Shares
BOOTHBAY FUND MANAGEMENT, LLC $10,353,976 587,293 0.33% Shares
Capricorn Fund Managers Ltd $10,353,923 587,290 0.33% Shares
Pathstone Holdings, LLC $10,339,851 586,491 0.32% Shares
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC $10,178,756 683,138 0.32% Shares
QRG CAPITAL MANAGEMENT, INC. $9,838,761 558,069 0.31% Shares
Boston Partners $9,389,536 533,466 0.29% Shares
Farringdon Capital, Ltd. $9,236,516 523,909 0.29% Shares
STIFEL FINANCIAL CORP $8,411,138 477,093 0.26% Shares
Bank of New York Mellon Corp $8,201,632 465,208 0.26% Shares

Show all 456 institutional owners →

Activists & 5%+ owners 50 positions

18

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
HM Treasury, UK Government Investments Ltd ×6 filings March 14, 2025 4.82% Amendment · SEC
Nov. 25, 2024 · Initial filing · SEC
Nov. 13, 2024 · Initial filing · SEC
Oct. 31, 2024 · Initial filing · SEC
Oct. 9, 2024 · Initial filing · SEC
Sept. 23, 2024 · Initial filing · SEC
Sept. 3, 2024 · Initial filing · SEC
Aug. 5, 2024 · Initial filing · SEC
July 15, 2024 · Initial filing · SEC
June 26, 2024 · Initial filing · SEC
June 10, 2024 · Initial filing · SEC
June 5, 2024 · Initial filing · SEC
May 31, 2024 · Initial filing · SEC
May 13, 2024 · Initial filing · SEC
April 26, 2024 · Initial filing · SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

ETF ownership Held by 55 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
EWU · iShares Trust 2.30% 9,208,675 SH Sept. 11, 2026 Daily
TIIV · ETF Series Solutions 2.19% 37,889 NS July 31, 2026 N-PORT
EUFN · iShares Trust 2.00% 9,148,710 SH Sept. 11, 2026 Daily
IDV · iShares Trust 1.67% 15,805,296 SH Sept. 11, 2026 Daily
COMT · iShares U.S. ETF Trust 1.51% 21,520,000 SH Sept. 11, 2026 Daily
PIZ · Invesco Exchange-Traded Fund Trust … 0.93% 739,191 SH Oct. 2, 2026 Daily
PICB · Invesco Exchange-Traded Fund Trust … 0.81% 2,400,000 Oct. 2, 2026 Daily
IVLU · iShares Trust 0.77% 3,899,469 SH Sept. 11, 2026 Daily
EFV · iShares Trust 0.65% 22,430,153 SH Sept. 11, 2026 Daily
GSY · Invesco Actively Managed Exchange-T… 0.54% 20,650,000 Oct. 2, 2026 Daily
IEV · iShares Trust 0.52% 927,650 SH Sept. 11, 2026 Daily
IEUR · iShares Trust 0.46% 4,611,157 SH Sept. 11, 2026 Daily
VRIG · Invesco Actively Managed Exchange-T… 0.46% 8,500,000 Oct. 2, 2026 Daily
IXG · iShares Trust 0.46% 345,527 SH Sept. 11, 2026 Daily
VGK · VANGUARD INTERNATIONAL EQUITY INDEX… 0.44% 19,175,185 SH Aug. 19, 2026 Daily
VYMI · VANGUARD WHITEHALL FUNDS 0.38% 8,926,756 SH Aug. 19, 2026 Daily
EFA · iShares Trust 0.33% 28,192,680 SH Sept. 11, 2026 Daily
ESGD · iShares Trust 0.32% 4,213,591 SH Sept. 11, 2026 Daily
IEFA · iShares Trust 0.28% 59,776,661 SH Sept. 11, 2026 Daily
PXF · Invesco Exchange-Traded Fund Trust … 0.28% 944,335 SH Oct. 2, 2026 Daily
INTF · iShares Trust 0.28% 1,123,231 SH Sept. 11, 2026 Daily
PABD · iShares Trust 0.25% 88,430 SH Sept. 11, 2026 Daily
IDEV · iShares Trust 0.25% 8,674,577 SH Sept. 11, 2026 Daily
VEA · VANGUARD TAX-MANAGED FUNDS 0.21% 77,990,311 SH Aug. 19, 2026 Daily
VSGX · VANGUARD WORLD FUND 0.21% 1,603,471 SH Aug. 19, 2026 Daily
ACWX · iShares Trust 0.19% 2,625,459 SH Sept. 11, 2026 Daily
DFIV · Dimensional ETF Trust 0.19% 2,131,457 NS July 31, 2026 N-PORT
VEU · VANGUARD INTERNATIONAL EQUITY INDEX… 0.17% 18,668,913 SH Aug. 19, 2026 Daily
IXUS · iShares Trust 0.17% 10,948,294 SH Sept. 11, 2026 Daily
GTOS · Invesco Actively Managed Exchange-T… 0.17% 200,000 Oct. 2, 2026 Daily
VXUS · VANGUARD STAR FUNDS 0.16% 117,274,507 SH Aug. 19, 2026 Daily
DFIC · Dimensional ETF Trust 0.16% 1,212,469 NS July 31, 2026 N-PORT
GLOF · iShares Trust 0.12% 26,929 SH Sept. 11, 2026 Daily
CRBN · iShares Trust 0.11% 141,978 SH Sept. 11, 2026 Daily
DFSI · Dimensional ETF Trust 0.10% 62,178 NS July 31, 2026 N-PORT
IMFL · Invesco Exchange-Traded Self-Indexe… 0.09% 107,041 SH Oct. 2, 2026 Daily
TOK · iShares Trust 0.09% 22,128 SH Sept. 11, 2026 Daily
URTH · iShares, Inc. 0.08% 710,302 SH Sept. 11, 2026 Daily
ACWI · iShares Trust 0.07% 2,376,145 SH Sept. 11, 2026 Daily
VT · VANGUARD INTERNATIONAL EQUITY INDEX… 0.06% 6,691,103 SH Aug. 19, 2026 Daily
GTO · Invesco Actively Managed Exchange-T… 0.03% 816,000 Oct. 2, 2026 Daily
DFAX · Dimensional ETF Trust 0.01% 92,999 NS July 31, 2026 N-PORT
BIV · VANGUARD BOND INDEX FUNDS · · July 15, 2026 Daily
BSV · VANGUARD BOND INDEX FUNDS · · July 15, 2026 Daily
BND · VANGUARD BOND INDEX FUNDS · · July 15, 2026 Daily
VUSB · VANGUARD BOND INDEX FUNDS · · July 15, 2026 Daily
VCRB · VANGUARD MALVERN FUNDS · · July 15, 2026 Daily
VSDB · VANGUARD MALVERN FUNDS · · July 15, 2026 Daily
VGMS · VANGUARD MALVERN FUNDS · · July 15, 2026 Daily
VCSH · VANGUARD SCOTTSDALE FUNDS · · July 15, 2026 Daily
VCIT · VANGUARD SCOTTSDALE FUNDS · · July 15, 2026 Daily
VTC · VANGUARD SCOTTSDALE FUNDS · · July 30, 2026 Daily
BNDW · VANGUARD SCOTTSDALE FUNDS · · July 30, 2026 Daily
BNDX · VANGUARD CHARLOTTE FUNDS · · July 15, 2026 Daily
VCEB · VANGUARD WORLD FUND · · July 30, 2026 Daily

NWG Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 28 analysts BUY
Median target $21.98 +24.4%
7 25.0% Strong Buy
14 50.0% Buy
7 25.0% Hold
0 0.0% Sell
0 0.0% Strong Sell

12-Month Price Target

4 analysts · 2026-09-29

Mean target $21.91 +24.0%

← Below all targets Current price $17.67
Low$20.10 Mean$21.91 High$23.60

Latest News Recent headlines mentioning this company

23
Woman in bank row over depositing £900 HMRC cheque BBC Business · 4 months, 2 weeks ago

My Metrics Your personal watchlist — selected rows from Full Fundamentals

26

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Source: SEC 20-F filed Feb 17, 2026