NatWest beats forecasts with annual profit of £7.7bn

NatWest (NWG.L) reported a 24 per cent jump in annual profit on Friday, just ahead of forecasts, and set more ambitious performance targets as it steps up investment in Britain’s costly but potentially lucrative wealth management market.

The British bank posted 2025 pretax profit of 7.7 billion pounds ($10.5 billion), up from 6.2 billion pounds a year earlier and compared with the 7.5 billion pounds average analyst forecast compiled by the bank.

NatWest said it now expects...